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American Century Ultra Fund (TWCUX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks long-term capital growth. The fund normally invests in stocks of companies that the adviser believes will increase in value over time. The portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. The portfolio managers use a variety of analytical research tools and techniques to identify the stocks of larger-sized companies that meet their investment criteria. Under normal market conditions, the portfolio managers seek securities of companies whose earnings or revenues are not only growing, but growing at an accelerated pace.

Looking to diversify beyond TWCUX? The mutual funds below have the lowest correlation with TWCUX — 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 TWCUX.

Best Diversifiers for TWCUX

10 mutual funds have low correlation with TWCUX (below 0.3), 0 of which are negatively correlated. The least correlated is American Century Short Duration Inflation Protection Bond Fund Investor Class (APOIX) (Inflation-Protected Bonds) with a 1Y correlation of 0.07, roughly unchanged from 0.11 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
APOIX
American Century Short Duration Inflation Protecti...0.070.060.11
73
Inflation-Protected BondsTWCUX vs APOIX
TWTIX
American Century Intermediate-Term Tax-Free Bond F...0.130.080.09
70
Municipal BondsTWCUX vs TWTIX
TWUSX
American Century Short-Term Government Fund0.140.030.04
58
Government BondsTWCUX vs TWUSX
ABHYX
American Century High-Yield Municipal Fund0.140.080.10
68
High Yield MuniTWCUX vs ABHYX
BCHYX
American Century California High Yield Municipal F...0.150.100.11
72
Municipal BondsTWCUX vs BCHYX
See all 74 diversifiers for TWCUX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from TWCUX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TWCUX and solid risk/return profiles. The least correlated is Texas Instruments Incorporated (TXN) (Technology) with a 1Y correlation of 0.27, down from 0.56 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
TXN
Texas Instruments Incorporated0.270.440.56
83
Technology
WWD
Woodward, Inc.0.390.410.48
91
Industrials
AAPL
Apple Inc0.410.500.64
88
Technology
TSLA
Tesla, Inc.0.580.590.62
59
Consumer Cyclical

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Diversification Analysis

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