Looking to diversify beyond BARIX? The mutual funds below have the lowest correlation with BARIX — 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 BARIX.
Best Diversifiers for BARIX
4 mutual funds have low correlation with BARIX (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard Market Neutral Fund Investor Shares (VMNFX) (Long-Short) with a 1Y correlation of -0.17, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Market Neutral Fund Investor Shares | -0.17 | -0.10 | -0.14 | 85 | Long-Short | BARIX vs VMNFX | |
| Fidelity Floating Rate High Income Fund | 0.17 | 0.25 | 0.28 | 92 | Bank Loan | BARIX vs FFRHX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.22 | 0.16 | 0.09 | 95 | Long-Short | BARIX vs BDMIX | |
| Fidelity Select Semiconductors Portfolio | 0.27 | 0.47 | 0.61 | 96 | Semiconductors, Technology Equities | BARIX vs FSELX | |
| Fidelity OTC Portfolio | 0.36 | 0.54 | 0.71 | 92 | Large Cap Growth Equities | BARIX vs FOCPX |
See all 31 diversifiers for BARIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BARIX
Add BARIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BARIX