Looking to diversify beyond UPDDX? The mutual funds below have the lowest correlation with UPDDX — 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 UPDDX.
Best Diversifiers for UPDDX
24 mutual funds have low correlation with UPDDX (below 0.3), 6 of which are negatively correlated. The least correlated is Archer Dividend Growth Fund (ARDGX) (Large Cap Value Equities) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Archer Dividend Growth Fund | -0.40 | -0.40 | -0.40 | 89 | Large Cap Value Equities | UPDDX vs ARDGX | |
| Buffalo Flexible Income Fund | -0.23 | -0.23 | -0.23 | 61 | Large Cap Value Equities | UPDDX vs BUFBX | |
| Cullen High Dividend Equity Fund | -0.09 | -0.09 | -0.09 | 82 | Large Cap Value Equities | UPDDX vs CHDEX | |
| Genter Dividend Income Fund | -0.07 | -0.07 | -0.07 | 76 | Large Cap Value Equities | UPDDX vs GDIIX | |
| American Century Value Fund | -0.07 | -0.07 | -0.07 | 83 | Large Cap Value Equities | UPDDX vs TWVLX |
See all 83 diversifiers for UPDDX
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