Looking to diversify beyond WCPIX? The mutual funds below have the lowest correlation with WCPIX — 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 WCPIX.
Best Diversifiers for WCPIX
1 mutual funds have low correlation with WCPIX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Semiconductor UltraSector Fund Investor Class (SMPIX) (Leveraged Equities) with a 1Y correlation of 0.24, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund Investor C... | 0.24 | 0.46 | 0.59 | 88 | Leveraged Equities, Semiconductors, Technology Equities | WCPIX vs SMPIX | |
| ProFunds UltraLatin America Fund | 0.34 | 0.38 | 0.38 | 52 | Leveraged Equities | WCPIX vs UBPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 0.35 | 0.40 | 0.46 | 73 | Leveraged Equities | WCPIX vs PHPIX | |
| ProFunds Biotechnology UltraSector Fund | 0.36 | 0.40 | 0.47 | 85 | Leveraged Equities | WCPIX vs BIPIX | |
| ProFunds Technology UltraSector Fund | 0.38 | 0.59 | 0.72 | 71 | Leveraged Equities | WCPIX vs TEPIX |
See all 22 diversifiers for WCPIX
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