Looking to diversify beyond BAMBX? The mutual funds below have the lowest correlation with BAMBX — 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 BAMBX.
Best Diversifiers for BAMBX
36 mutual funds have low correlation with BAMBX (below 0.3), 14 of which are negatively correlated. The least correlated is Symmetry Panoramic Alternatives Fund (SPATX) (Multistrategy) with a 1Y correlation of -0.25, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Symmetry Panoramic Alternatives Fund | -0.25 | -0.07 | -0.11 | 98 | Multistrategy | BAMBX vs SPATX | |
| AQR Style Premia Alternative R6 | -0.16 | -0.04 | 0.01 | 84 | Multistrategy | BAMBX vs QSPRX | |
| AQR Style Premia Alternative Fund | -0.15 | -0.04 | 0.02 | 84 | Multistrategy | BAMBX vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | -0.14 | -0.05 | 0.01 | 82 | Multistrategy | BAMBX vs QSPNX | |
| Allspring Alternative Risk Premia Fund | -0.08 | -0.06 | -0.06 | 94 | Multistrategy | BAMBX vs WRPIX |
See all 38 diversifiers for BAMBX
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