Looking to diversify beyond BASMX? The mutual funds below have the lowest correlation with BASMX — 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 BASMX.
Best Diversifiers for BASMX
0 mutual funds have low correlation with BASMX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.34, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.34 | 0.16 | 0.13 | 70 | Large Cap Blend Equities | BASMX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.36 | 0.42 | 68 | Large Cap Blend Equities | BASMX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.65 | 0.74 | 0.83 | 63 | Large Cap Blend Equities | BASMX vs RCKSX | |
| First Eagle Overseas Fund Class I | 0.66 | 0.62 | 0.67 | 51 | Large Cap Blend Equities, Foreign Large Cap Equities | BASMX vs SGOIX | |
| Fidelity Infrastructure Fund | 0.67 | 0.62 | 0.69 | 51 | Large Cap Blend Equities | BASMX vs FNSTX |
See all 43 diversifiers for BASMX
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