Looking to diversify beyond UOPIX? The mutual funds below have the lowest correlation with UOPIX — 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 UOPIX.
Best Diversifiers for UOPIX
1 mutual funds have low correlation with UOPIX (below 0.3), 0 of which are negatively correlated. The least correlated is Oil Equipment & Services UltraSector ProFund (OEPIX) (Energy Equities) with a 1Y correlation of 0.22, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 0.22 | 0.28 | 0.29 | 70 | Energy Equities | UOPIX vs OEPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 0.37 | 0.42 | 0.46 | 73 | Leveraged Equities | UOPIX vs PHPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.42 | 0.46 | 0.53 | 85 | Leveraged Equities | UOPIX vs BIPIX | |
| ProFunds UltraLatin America Fund | 0.43 | 0.41 | 0.39 | 52 | Leveraged Equities | UOPIX vs UBPIX | |
| ProFunds Small Cap Value Fund | 0.54 | 0.54 | 0.61 | 63 | Small Cap Value Equities | UOPIX vs SVPIX |
See all 31 diversifiers for UOPIX
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