Looking to diversify beyond BATEX? The mutual funds below have the lowest correlation with BATEX — 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 BATEX.
Best Diversifiers for BATEX
7 mutual funds have low correlation with BATEX (below 0.3), 1 of which are negatively correlated. The least correlated is AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) (Systematic Trend) with a 1Y correlation of -0.03, up from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AlphaSimplex Managed Futures Strategy Fund Class Y | -0.03 | -0.14 | -0.21 | 64 | Systematic Trend | BATEX vs ASFYX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.07 | 0.02 | 0.02 | 96 | Long-Short | BATEX vs BDMIX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.17 | 0.11 | 0.10 | 71 | Large Cap Growth Equities | BATEX vs NASDX | |
| iShares S&P 500 Index Fund Class K | 0.22 | 0.17 | 0.11 | 65 | S&P 500 | BATEX vs WFSPX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | 0.22 | 0.18 | 0.12 | 63 | Large Cap Blend Equities | BATEX vs VTCLX |
See all 53 diversifiers for BATEX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BATEX
Add BATEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BATEX