Looking to diversify beyond UCPIX? The mutual funds below have historically moved differently from UCPIX, 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 UCPIX
5 mutual funds have low correlation with UCPIX (below 0.3), 4 of which are negatively correlated. The least correlated is Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) (S&P 500) with a 1Y correlation of -0.79, roughly unchanged from -0.82 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Institutional Index Fund Institutional Pl... | -0.79 | -0.77 | -0.82 | 63 | S&P 500, Large Cap Blend Equities | UCPIX vs VIIIX | |
| ProFunds UltraJapan Fund | -0.63 | -0.59 | -0.62 | 88 | Leveraged Equities | UCPIX vs UJPIX | |
| ProFunds Biotechnology UltraSector Fund | -0.58 | -0.69 | -0.68 | 94 | Leveraged Equities | UCPIX vs BIPIX | |
| Comstock Capital Value Fund | -0.56 | -0.66 | -0.64 | 94 | Inverse Equities | UCPIX vs DRCVX | |
| ProFunds UltraSector Oil & Gas Fund | 0.02 | -0.27 | -0.39 | 63 | Leveraged Equities | UCPIX vs ENPIX |
Build a portfolio that complements UCPIX
Add UCPIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UCPIX