Looking to diversify beyond UBVFX? The mutual funds below have the lowest correlation with UBVFX — 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 UBVFX.
Best Diversifiers for UBVFX
1 mutual funds have low correlation with UBVFX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.25, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.25 | 0.22 | 0.25 | 80 | Multisector Bonds | UBVFX vs JMSIX | |
| Voya Corporate Leaders Trust Fund | 0.41 | 0.58 | 0.68 | 53 | Large Cap Value Equities | UBVFX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.54 | 0.61 | 0.70 | 70 | Large Cap Value Equities | UBVFX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.55 | 0.63 | 0.72 | 71 | Large Cap Value Equities | UBVFX vs BUFBX | |
| BNY Mellon Equity Income Fund | 0.59 | 0.64 | 0.74 | 92 | Large Cap Value Equities | UBVFX vs DQIRX |
See all 16 diversifiers for UBVFX
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