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 Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.21, up from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.21 | 0.08 | 0.04 | 95 | Long-Short | BADEX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.43 | 0.32 | 0.15 | 60 | Systematic Trend | BADEX vs ASFYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.44 | 0.59 | 0.66 | 87 | Emerging Markets Diversified | BADEX vs ESCIX | |
| Pzena Emerging Markets Value Fund | 0.58 | 0.66 | 0.70 | 54 | Emerging Markets Diversified | BADEX vs PZVEX | |
| JOHCM Emerging Markets Small Mid Cap Equity Fund | 0.60 | 0.62 | 0.69 | 52 | Emerging Markets Diversified | BADEX vs JOMMX |
See all 156 diversifiers for BADEX
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