Looking to diversify beyond USERX? The mutual funds below have the lowest correlation with USERX — 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 USERX.
Best Diversifiers for USERX
0 mutual funds have low correlation with USERX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.31, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.31 | 0.25 | 0.27 | 96 | Semiconductors, Technology Equities | USERX vs FSELX | |
| Fidelity Emerging Asia Fund | 0.38 | 0.35 | 0.37 | 91 | Asia Pacific Equities | USERX vs FSEAX | |
| ProFunds UltraJapan Fund | 0.38 | 0.24 | 0.23 | 95 | Leveraged Equities | USERX vs UJPIX | |
| Fidelity Emerging Markets | 0.40 | 0.39 | 0.41 | 81 | Emerging Markets Equities | USERX vs FEMKX | |
| Fidelity 500 Index Fund | 0.41 | 0.31 | 0.32 | 66 | S&P 500 | USERX vs FXAIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from USERX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to USERX and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.19, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.19 | 0.16 | 0.19 | 76 | Technology | |
| CRISPR Therapeutics AG | 0.27 | 0.21 | 0.19 | 54 | Healthcare | |
| Arista Networks, Inc. | 0.27 | 0.20 | 0.22 | 85 | Technology | |
| Tesla, Inc. | 0.31 | 0.19 | 0.18 | 59 | Consumer Cyclical | |
| Agnico Eagle Mines Limited | 0.86 | 0.86 | 0.85 | 65 | Basic Materials |
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