Looking to diversify beyond UNPIX? The mutual funds below have the lowest correlation with UNPIX — 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 UNPIX.
Best Diversifiers for UNPIX
1 mutual funds have low correlation with UNPIX (below 0.3), 1 of which are negatively correlated. The least correlated is ProFunds UltraSector Oil & Gas Fund (ENPIX) (Leveraged Equities) with a 1Y correlation of -0.06, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds UltraSector Oil & Gas Fund | -0.06 | 0.17 | 0.32 | 51 | Leveraged Equities | UNPIX vs ENPIX | |
| ProFunds Semiconductor UltraSector Fund | 0.47 | 0.49 | 0.57 | 92 | Leveraged Equities | UNPIX vs SMPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.50 | 0.51 | 0.53 | 67 | Leveraged Equities | UNPIX vs BIPIX | |
| ProFunds Technology UltraSector Fund | 0.56 | 0.57 | 0.63 | 85 | Leveraged Equities | UNPIX vs TEPIX | |
| ProFunds UltraLatin America Fund | 0.59 | 0.60 | 0.59 | 70 | Leveraged Equities | UNPIX vs UBPIX |
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