Looking to diversify beyond UEIIX? The mutual funds below have the lowest correlation with UEIIX — 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 UEIIX.
Best Diversifiers for UEIIX
1 mutual funds have low correlation with UEIIX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.07, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.07 | 0.19 | 0.52 | 67 | Diversified Portfolio | UEIIX vs MHELX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.38 | 0.38 | 0.42 | 99 | Diversified Portfolio | UEIIX vs STDAX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.45 | 0.61 | 0.67 | 88 | Diversified Portfolio | UEIIX vs FIQDX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.45 | 0.61 | 0.67 | 88 | Diversified Portfolio | UEIIX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.46 | 0.61 | 0.67 | 86 | Diversified Portfolio | UEIIX vs FSIRX |
See all 27 diversifiers for UEIIX
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