Looking to diversify beyond BBHLX? The mutual funds below have historically moved differently from BBHLX, 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 BBHLX
1 mutual funds have low correlation with BBHLX (below 0.3), 0 of which are negatively correlated. The least correlated is BBH Limited Duration Fund Class N (BBBMX) (Ultrashort Bond) with a 1Y correlation of 0.28, roughly unchanged from 0.23 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BBH Limited Duration Fund Class N | 0.28 | 0.19 | 0.23 | 98 | Ultrashort Bond | BBHLX vs BBBMX | |
| BBH Limited Duration Fund | 0.33 | 0.23 | 0.24 | 98 | Ultrashort Bond | BBHLX vs BBBIX | |
| Federated Hermes International Strategic Value Div... | 0.37 | 0.48 | 0.59 | 87 | Foreign Large Cap Equities | BBHLX vs IVFIX | |
| BBH Intermediate Municipal Bond Fund | 0.37 | 0.22 | 0.19 | 61 | Municipal Bonds | BBHLX vs BBIIX | |
| GQG Partners International Quality Dividend Income... | 0.46 | 0.62 | 0.65 | 65 | Quality Factor, Foreign Large Cap Equities | BBHLX vs GQJPX |
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