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
39 mutual funds have low correlation with BAMBX (below 0.3), 9 of which are negatively correlated. The least correlated is Symmetry Panoramic Alternatives Fund (SPATX) (Multistrategy) with a 1Y correlation of -0.18, roughly unchanged from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Symmetry Panoramic Alternatives Fund | -0.18 | -0.08 | -0.10 | 97 | Multistrategy | BAMBX vs SPATX | |
| T. Rowe Price Multi-Strategy Total Return Fund | -0.13 | -0.05 | -0.10 | 79 | Multistrategy | BAMBX vs TMSRX | |
| AQR Style Premia Alternative Fund Class N | -0.11 | -0.05 | 0.02 | 51 | Multistrategy | BAMBX vs QSPNX | |
| AQR Style Premia Alternative Fund | -0.10 | -0.04 | 0.02 | 52 | Multistrategy | BAMBX vs QSPIX | |
| AQR Style Premia Alternative R6 | -0.09 | -0.04 | 0.02 | 52 | Multistrategy | BAMBX vs QSPRX |
See all 39 diversifiers for BAMBX
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