Looking to diversify beyond REPIX? The mutual funds below have historically moved differently from REPIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for REPIX
5 mutual funds have low correlation with REPIX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds UltraJapan Fund (UJPIX) (Leveraged Equities) with a 1Y correlation of 0.01, down from 0.31 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 0.01 | 0.18 | 0.31 | 88 | Leveraged Equities | REPIX vs UJPIX | |
| Rydex Japan 2x Strategy Fund | 0.10 | 0.29 | 0.39 | 62 | Leveraged Equities | REPIX vs RYJSX | |
| ProFunds UltraSector Oil & Gas Fund | 0.13 | 0.20 | 0.25 | 63 | Leveraged Equities | REPIX vs ENPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.23 | 0.40 | 0.47 | 94 | Leveraged Equities | REPIX vs BIPIX | |
| ProFunds UltraLatin America Fund | 0.28 | 0.32 | 0.36 | 85 | Leveraged Equities | REPIX vs UBPIX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for REPIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.19, down from 0.38 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.19 | 0.24 | 0.38 | 89 | Technology |
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