Looking to diversify beyond UPAAX? The mutual funds below have the lowest correlation with UPAAX — 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 UPAAX.
Best Diversifiers for UPAAX
0 mutual funds have low correlation with UPAAX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO All Asset Fund (PAAIX) (Tactical Allocation) with a 1Y correlation of 0.51, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO All Asset Fund | 0.51 | 0.51 | 0.51 | 89 | Tactical Allocation | UPAAX vs PAAIX | |
| American Beacon AHL TargetRisk Fund | 0.69 | 0.69 | 0.69 | 63 | Tactical Allocation | UPAAX vs AHTPX | |
| GuidePath Flexible Income Allocation Fund | 0.72 | 0.72 | 0.72 | 87 | Tactical Allocation | UPAAX vs GPIFX | |
| Potomac Tactical Opportunities Fund | 0.80 | 0.80 | 0.80 | 62 | Tactical Allocation | UPAAX vs CRTOX | |
| Absolute Capital Defender Fund | 0.81 | 0.81 | 0.81 | 53 | Tactical Allocation | UPAAX vs ACMDX |
See all 9 diversifiers for UPAAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UPAAX
Add UPAAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UPAAX