Looking to diversify beyond URINX? The mutual funds below have the lowest correlation with URINX — 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 URINX.
Best Diversifiers for URINX
1 mutual funds have low correlation with URINX (below 0.3), 0 of which are negatively correlated. The least correlated is Victory Pioneer Cat Bond Fund Class Y (CBYYX) (Nontraditional Bonds) with a 1Y correlation of 0.02, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 0.02 | -0.03 | -0.03 | 100 | Nontraditional Bonds | URINX vs CBYYX | |
| Victory Global Energy Transition Fund | 0.39 | 0.50 | 0.54 | 95 | Energy Equities | URINX vs RSNRX | |
| USAA High Income Fund | 0.70 | 0.68 | 0.68 | 79 | High Yield Bonds | URINX vs USHYX | |
| USAA Nasdaq 100 Index Fund | 0.78 | 0.72 | 0.76 | 69 | Nasdaq-100, Large Cap Growth Equities | URINX vs USNQX | |
| T. Rowe Price Retirement Income 2020 Fund | 0.81 | 0.88 | 0.90 | 73 | Target Retirement Date | URINX vs TRLAX |
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