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Bridge Builder Large Cap Growth Fund (BBGLX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund invests, under normal market conditions, at least 80% of its net assets (plus the amount of borrowings for investment purposes) in the securities of large capitalization companies and other instruments, such as certain investment companies, that seek to track the performance of securities of large capitalization companies. It may invest in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs").

Looking to diversify beyond BBGLX? The mutual funds below have the lowest correlation with BBGLX — 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 BBGLX.

Best Diversifiers for BBGLX

1 mutual funds have low correlation with BBGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Bridge Builder Municipal Bond Fund (BBMUX) (Municipal Bonds) with a 1Y correlation of 0.19, roughly unchanged from 0.11 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BBMUX
Bridge Builder Municipal Bond Fund0.190.130.11
70
Municipal BondsBBGLX vs BBMUX
JEMDX
JPMorgan Emerging Markets Debt Fund0.450.320.35
81
Emerging Markets BondsBBGLX vs JEMDX
EVIBX
Eaton Vance Income Fund of Boston0.490.440.47
66
High Yield BondsBBGLX vs EVIBX
PHYQX
PGIM High Yield Fund Class R60.520.430.45
72
High Yield BondsBBGLX vs PHYQX
DFEVX
DFA Emerging Markets Value Portfolio0.550.520.56
88
Emerging Markets DiversifiedBBGLX vs DFEVX
See all 42 diversifiers for BBGLX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BBGLX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBGLX and solid risk/return profiles. The least correlated is U.S. Bancorp (USB) (Financial Services) with a 1Y correlation of 0.34, down from 0.44 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
USB
U.S. Bancorp0.340.370.44
83
Financial Services

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