Looking to diversify beyond UBVLX? The mutual funds below have the lowest correlation with UBVLX — 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 UBVLX.
Best Diversifiers for UBVLX
2 mutual funds have low correlation with UBVLX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.12, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.12 | 0.05 | 0.02 | 95 | Long-Short | UBVLX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.23 | 0.16 | 0.09 | 60 | Systematic Trend | UBVLX vs ASFYX | |
| Aegis Value Fund | 0.36 | 0.46 | 0.56 | 87 | Small Cap Value Equities | UBVLX vs AVALX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.36 | 0.42 | 0.52 | 70 | Large Cap Growth Equities | UBVLX vs NASDX | |
| iShares S&P 500 Index Fund Class K | 0.55 | 0.60 | 0.69 | 66 | S&P 500 | UBVLX vs WFSPX |
See all 35 diversifiers for UBVLX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UBVLX
Add UBVLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UBVLX