Looking to diversify beyond UAPIX? The mutual funds below have the lowest correlation with UAPIX — 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 UAPIX.
Best Diversifiers for UAPIX
0 mutual funds have low correlation with UAPIX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds UltraLatin America Fund (UBPIX) (Leveraged Equities) with a 1Y correlation of 0.51, roughly unchanged from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds UltraLatin America Fund | 0.51 | 0.52 | 0.52 | 52 | Leveraged Equities | UAPIX vs UBPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 0.51 | 0.51 | 0.62 | 88 | Leveraged Equities, Semiconductors, Technology Equities | UAPIX vs SMPIX | |
| ProFunds UltraJapan Fund | 0.59 | 0.58 | 0.63 | 95 | Leveraged Equities | UAPIX vs UJPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 0.60 | 0.68 | 0.65 | 73 | Leveraged Equities | UAPIX vs PHPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.62 | 0.70 | 0.68 | 85 | Leveraged Equities | UAPIX vs BIPIX |
See all 19 diversifiers for UAPIX
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