Looking to diversify beyond BBGVX? The mutual funds below have the lowest correlation with BBGVX — 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 BBGVX.
Best Diversifiers for BBGVX
1 mutual funds have low correlation with BBGVX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of 0.27, up from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.27 | 0.15 | 0.11 | 99 | Government Bonds | BBGVX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | 0.31 | 0.53 | 0.53 | 99 | Government Bonds | BBGVX vs FEUGX | |
| DFA Short-Term Government Portfolio | 0.33 | 0.10 | 0.36 | 99 | Government Bonds | BBGVX vs DFFGX | |
| Davis Government Bond Fund | 0.50 | 0.56 | 0.64 | 83 | Government Bonds | BBGVX vs RFBAX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 0.59 | 0.67 | 0.62 | 72 | Government Bonds | BBGVX vs VGIVX |
See all 9 diversifiers for BBGVX
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