Looking to diversify beyond BADEX? The mutual funds below have the lowest correlation with BADEX — 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 BADEX.
Best Diversifiers for BADEX
1 mutual funds have low correlation with BADEX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.23, up from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.23 | 0.09 | 0.04 | 96 | Equity Market Neutral | BADEX vs BDMIX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.40 | 0.58 | 0.66 | 83 | Emerging Markets Diversified | BADEX vs ESCIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.45 | 0.33 | 0.15 | 51 | Systematic Trend | BADEX vs ASFYX | |
| SA Emerging Markets Value Fund | 0.65 | 0.64 | 0.69 | 80 | Emerging Markets Diversified | BADEX vs SAEMX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.65 | 0.69 | 0.74 | 86 | Emerging Markets Diversified | BADEX vs EMPTX |
See all 145 diversifiers for BADEX
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