Looking to diversify beyond BBBIX? The mutual funds below have historically moved differently from BBBIX, 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 BBBIX
15 mutual funds have low correlation with BBBIX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) (Ultrashort Bond) with a 1Y correlation of 0.06, down from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust Opportunistic ... | 0.06 | 0.20 | 0.29 | 100 | Ultrashort Bond | BBBIX vs ENIAX | |
| Tactical Multi-Purpose Fund | 0.06 | -0.03 | -0.00 | 100 | Ultrashort Bond | BBBIX vs TMPFX | |
| CrossingBridge Ultra-Short Duration Fund | 0.09 | 0.09 | 0.11 | 99 | Ultrashort Bond | BBBIX vs CBUDX | |
| Navigator Ultra Short Term Bond Fund | 0.10 | 0.11 | 0.15 | 100 | Ultrashort Bond | BBBIX vs NUSIX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | 0.14 | 0.37 | 0.40 | 99 | Ultrashort Bond | BBBIX vs TRSTX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BBBIX
Add BBBIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BBBIX