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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

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
U.S. Global Investors U.S. Government Ultra-Short ...0.110.080.07
99
Ultrashort BondUNWPX vs UGSDX
U.S. Global Investors Global Resources Fund0.810.780.78
53
Energy EquitiesUNWPX vs PSPFX

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