Looking to diversify beyond UVPIX? The mutual funds below have the lowest correlation with UVPIX — 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 UVPIX.
Best Diversifiers for UVPIX
9 mutual funds have low correlation with UVPIX (below 0.3), 9 of which are negatively correlated. The least correlated is ProFunds UltraNASDAQ-100 Fund (UOPIX) (Leveraged Equities) with a 1Y correlation of -0.68, roughly unchanged from -0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds UltraNASDAQ-100 Fund | -0.68 | -0.64 | -0.66 | 63 | Leveraged Equities | UVPIX vs UOPIX | |
| ProFunds NASDAQ-100 Fund | -0.68 | -0.64 | -0.66 | 61 | Large Cap Growth Equities | UVPIX vs OTPIX | |
| ProFunds Bull Investor Fund | -0.67 | -0.64 | -0.65 | 55 | Leveraged Equities | UVPIX vs BLPIX | |
| ProFunds UltraBull Fund | -0.67 | -0.65 | -0.65 | 51 | Leveraged Equities | UVPIX vs ULPIX | |
| ProFunds Technology UltraSector Fund | -0.63 | -0.62 | -0.64 | 71 | Leveraged Equities | UVPIX vs TEPIX |
See all 9 diversifiers for UVPIX
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