Looking to diversify beyond UDBPX? The mutual funds below have historically moved differently from UDBPX, 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 UDBPX
4 mutual funds have low correlation with UDBPX (below 0.3), 0 of which are negatively correlated. The least correlated is UBS Emerging Markets Equity Opportunity Fund (EMPTX) (Emerging Markets Equities) with a 1Y correlation of 0.06, roughly unchanged from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS Emerging Markets Equity Opportunity Fund | 0.06 | 0.05 | 0.02 | 77 | Emerging Markets Equities | UDBPX vs EMPTX | |
| UBS US Dividend Ruler Fund | 0.25 | 0.14 | 0.11 | 57 | Large Cap Value Equities | UDBPX vs DVRUX | |
| DFA Two Year Global Fixed Income Portfolio | 0.27 | 0.09 | 0.38 | 100 | Global Bonds | UDBPX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | 0.30 | 0.40 | 0.36 | 98 | Global Bonds | UDBPX vs DGFFX | |
| T. Rowe Price International Bond Fund (USD Hedged) | 0.33 | 0.58 | 0.64 | 51 | Global Bonds | UDBPX vs TNBMX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements UDBPX
Add UDBPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UDBPX