Looking to diversify beyond BASBX? The mutual funds below have the lowest correlation with BASBX — 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 BASBX.
Best Diversifiers for BASBX
0 mutual funds have low correlation with BASBX (below 0.3), 0 of which are negatively correlated. The least correlated is Holbrook Income Fund Class I (HOBIX) (Intermediate Core-Plus Bond) with a 1Y correlation of 0.35, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 0.35 | 0.34 | 0.37 | 98 | Intermediate Core-Plus Bond | BASBX vs HOBIX | |
| Brown Advisory Small-Cap Fundamental Value Fund | 0.35 | 0.25 | 0.13 | 59 | Small Cap Blend Equities | BASBX vs BIAUX | |
| Leader Capital High Quality Income Fund Institutio... | 0.41 | 0.19 | 0.13 | 94 | Intermediate Core-Plus Bond | BASBX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.42 | 0.21 | 0.16 | 92 | Intermediate Core-Plus Bond | BASBX vs LCTRX | |
| Brown Advisory Tax-Exempt Sustainable Bond Fund | 0.48 | 0.57 | 0.55 | 70 | Municipal Bonds | BASBX vs BITEX |
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