Looking to diversify beyond UMCVX? The mutual funds below have the lowest correlation with UMCVX — 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 UMCVX.
Best Diversifiers for UMCVX
0 mutual funds have low correlation with UMCVX (below 0.3), 0 of which are negatively correlated. The least correlated is Hotchkis & Wiley Mid-Cap Value Fund (HWMIX) (Mid Cap Value Equities) with a 1Y correlation of 0.63, down from 0.86 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hotchkis & Wiley Mid-Cap Value Fund | 0.63 | 0.76 | 0.86 | 64 | Mid Cap Value Equities | UMCVX vs HWMIX | |
| Invesco Nasdaq 100 Index Fund | 0.69 | 0.66 | 0.67 | 76 | Large Cap Growth Equities | UMCVX vs IVNQX | |
| John Hancock Variable Insurance Trust Mid Value Tr... | 0.69 | 0.76 | 0.85 | 57 | Mid Cap Value Equities | UMCVX vs JEMUX | |
| Ariel Focus Fund | 0.70 | 0.79 | 0.86 | 83 | Mid Cap Value Equities | UMCVX vs ARFFX | |
| Monteagle Select Value Fund | 0.73 | 0.72 | 0.77 | 75 | Mid Cap Value Equities | UMCVX vs MVEIX |
See all 52 diversifiers for UMCVX
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