Looking to diversify beyond UUPIX? The mutual funds below have the lowest correlation with UUPIX — 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 UUPIX.
Best Diversifiers for UUPIX
0 mutual funds have low correlation with UUPIX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Biotechnology UltraSector Fund (BIPIX) (Leveraged Equities) with a 1Y correlation of 0.39, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Biotechnology UltraSector Fund | 0.39 | 0.42 | 0.44 | 81 | Leveraged Equities | UUPIX vs BIPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 0.40 | 0.40 | 0.39 | 50 | Leveraged Equities | UUPIX vs PHPIX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 0.56 | 0.58 | 0.62 | 58 | Leveraged Equities | UUPIX vs DXRLX | |
| ProFunds UltraLatin America Fund | 0.57 | 0.63 | 0.61 | 68 | Leveraged Equities | UUPIX vs UBPIX | |
| ProFunds Semiconductor UltraSector Fund | 0.60 | 0.59 | 0.63 | 92 | Leveraged Equities | UUPIX vs SMPIX |
See all 18 diversifiers for UUPIX
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