Looking to diversify beyond BASBX? The mutual funds below have historically moved differently from BASBX, 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 BASBX
0 mutual funds have low correlation with BASBX (below 0.3), 0 of which are negatively correlated. The least correlated is Brown Advisory - Beutel Goodman Large-Cap Value Fund (BVALX) (Large Cap Value Equities) with a 1Y correlation of 0.35, up from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brown Advisory - Beutel Goodman Large-Cap Value Fu... | 0.35 | 0.27 | 0.17 | 60 | Large Cap Value Equities | BASBX vs BVALX | |
| Holbrook Income Fund Class I | 0.35 | 0.32 | 0.38 | 98 | Intermediate Core-Plus Bond | BASBX vs HOBIX | |
| Brown Advisory Small-Cap Fundamental Value Fund | 0.37 | 0.25 | 0.15 | 80 | Small Cap Blend Equities | BASBX vs BIAUX | |
| Leader Capital High Quality Income Fund Institutio... | 0.43 | 0.21 | 0.14 | 86 | Intermediate Core-Plus Bond | BASBX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.45 | 0.23 | 0.17 | 81 | Intermediate Core-Plus Bond | BASBX vs LCTRX |
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