Looking to diversify beyond BADEX? The mutual funds below have historically moved differently from BADEX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BADEX
3 mutual funds have low correlation with BADEX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX) (Foreign Large Cap Equities) with a 1Y correlation of 0.21, down from 0.57 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.21 | 0.45 | 0.57 | 56 | Foreign Large Cap Equities, Emerging Markets Equities | BADEX vs GSIYX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.24 | 0.10 | 0.05 | 97 | Equity Market Neutral | BADEX vs BDMIX | |
| The Cook & Bynum Fund | 0.25 | 0.37 | 0.43 | 66 | Emerging Markets Equities | BADEX vs COBYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.37 | 0.57 | 0.65 | 92 | Emerging Markets Equities | BADEX vs ESCIX | |
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | 0.43 | 0.33 | 0.15 | 66 | Systematic Trend | BADEX vs ASFYX |
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