Looking to diversify beyond UFPIX? The mutual funds below have the lowest correlation with UFPIX — 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 UFPIX.
Best Diversifiers for UFPIX
8 mutual funds have low correlation with UFPIX (below 0.3), 8 of which are negatively correlated. The least correlated is ProFunds UltraBull Fund (ULPIX) (Leveraged Equities) with a 1Y correlation of -0.47, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds UltraBull Fund | -0.47 | -0.48 | -0.47 | 62 | Leveraged Equities | UFPIX vs ULPIX | |
| ProFunds Bull Investor Fund | -0.47 | -0.48 | -0.46 | 63 | Leveraged Equities | UFPIX vs BLPIX | |
| ProFunds NASDAQ-100 Fund | -0.45 | -0.41 | -0.39 | 68 | Large Cap Growth Equities | UFPIX vs OTPIX | |
| ProFunds UltraNASDAQ-100 Fund | -0.44 | -0.41 | -0.39 | 70 | Leveraged Equities | UFPIX vs UOPIX | |
| ProFunds Technology UltraSector Fund | -0.41 | -0.38 | -0.36 | 84 | Leveraged Equities | UFPIX vs TEPIX |
See all 8 diversifiers for UFPIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UFPIX
Add UFPIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UFPIX