Looking to diversify beyond UNWPX? The mutual funds below have historically moved differently from UNWPX, 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 UNWPX
1 mutual funds have low correlation with UNWPX (below 0.3), 0 of which are negatively correlated. The least correlated is U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX) (Ultrashort Bond) with a 1Y correlation of 0.11, roughly unchanged from 0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.11 | 0.08 | 0.07 | 99 | Ultrashort Bond | UNWPX vs UGSDX | |
| U.S. Global Investors Global Resources Fund | 0.81 | 0.78 | 0.78 | 53 | Energy Equities | UNWPX vs PSPFX |
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