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
9 mutual funds have low correlation with UFPIX (below 0.3), 9 of which are negatively correlated. The least correlated is ProFunds Bull Investor Fund (BLPIX) (Leveraged Equities) with a 1Y correlation of -0.47, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | -0.47 | -0.47 | -0.46 | 54 | Leveraged Equities | UFPIX vs BLPIX | |
| ProFunds UltraBull Fund | -0.47 | -0.47 | -0.47 | 51 | Leveraged Equities | UFPIX vs ULPIX | |
| ProFunds UltraNASDAQ-100 Fund | -0.43 | -0.41 | -0.39 | 64 | Leveraged Equities | UFPIX vs UOPIX | |
| ProFunds NASDAQ-100 Fund | -0.43 | -0.40 | -0.38 | 62 | Large Cap Growth Equities | UFPIX vs OTPIX | |
| ProFunds UltraJapan Fund | -0.42 | -0.39 | -0.41 | 96 | Leveraged Equities | UFPIX vs UJPIX |
See all 9 diversifiers for UFPIX
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