Looking to diversify beyond UPUPX? The mutual funds below have the lowest correlation with UPUPX — 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 UPUPX.
Best Diversifiers for UPUPX
0 mutual funds have low correlation with UPUPX (below 0.3), 0 of which are negatively correlated. The least correlated is ARK Venture Fund (ARKVX) (Technology Equities) with a 1Y correlation of 0.35, down from 0.49 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ARK Venture Fund | 0.35 | 0.49 | — | 99 | Technology Equities | UPUPX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.47 | 0.53 | 0.59 | 72 | Technology Equities | UPUPX vs GTTIX | |
| Virtus Artificial Intelligence & Technology Opport... | 0.64 | 0.60 | 0.64 | 56 | Technology Equities | UPUPX vs AIO | |
| Alger AI Enablers & Adopters Z | 0.65 | — | — | 72 | Technology Equities | UPUPX vs AAIZX | |
| Fidelity Select Tech Hardware Portfolio | 0.71 | 0.73 | 0.73 | 98 | Technology Equities | UPUPX vs FDCPX |
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