Looking to diversify beyond UEPIX? The mutual funds below have historically moved differently from UEPIX, 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 UEPIX
1 mutual funds have low correlation with UEPIX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds UltraSector Oil & Gas Fund (ENPIX) (Leveraged Equities) with a 1Y correlation of 0.11, down from 0.43 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds UltraSector Oil & Gas Fund | 0.11 | 0.27 | 0.43 | 63 | Leveraged Equities | UEPIX vs ENPIX | |
| The Central and Eastern Europe Fund | 0.38 | 0.35 | 0.33 | 55 | Europe Equities | UEPIX vs CEE | |
| ProFunds Biotechnology UltraSector Fund | 0.40 | 0.50 | 0.53 | 94 | Leveraged Equities | UEPIX vs BIPIX | |
| ProFunds UltraJapan Fund | 0.56 | 0.51 | 0.57 | 88 | Leveraged Equities | UEPIX vs UJPIX | |
| DoubleLine Shiller Enhanced International CAPE | 0.57 | 0.63 | 0.66 | 93 | Europe Equities | UEPIX vs DSEUX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements UEPIX
Add UEPIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UEPIX