Looking to diversify beyond OEPIX? The mutual funds below have the lowest correlation with OEPIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from OEPIX.
Best Diversifiers for OEPIX
12 mutual funds have low correlation with OEPIX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Biotechnology UltraSector Fund (BIPIX) (Leveraged Equities) with a 1Y correlation of 0.14, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Biotechnology UltraSector Fund | 0.14 | 0.26 | 0.25 | 85 | Leveraged Equities | OEPIX vs BIPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 0.21 | 0.24 | 0.29 | 88 | Leveraged Equities, Semiconductors, Technology Equities | OEPIX vs SMPIX | |
| ProFunds UltraNASDAQ-100 Fund | 0.22 | 0.28 | 0.29 | 63 | Leveraged Equities | OEPIX vs UOPIX | |
| ProFunds NASDAQ-100 Fund | 0.22 | 0.28 | 0.30 | 61 | Large Cap Growth Equities | OEPIX vs OTPIX | |
| ProFunds UltraJapan Fund | 0.23 | 0.32 | 0.35 | 95 | Leveraged Equities | OEPIX vs UJPIX |
See all 37 diversifiers for OEPIX
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