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BBH Select Series - Large Cap Fund (BBLIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 15, 2026

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in large capitalization publicly traded equity securities. It primarily seeks to buy common stock and may also invest in preferred stock. The fund's strategy is based on fundamental business analysis and a long-term orientation that blends aspects of growth and value investing. It is non-diversified.

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

Best Diversifiers for BBLIX

4 mutual funds have low correlation with BBLIX (below 0.3), 0 of which are negatively correlated. The least correlated is BBH Limited Duration Fund (BBBIX) (Ultrashort Bond) with a 1Y correlation of 0.02, down from 0.15 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BBBIX
BBH Limited Duration Fund0.020.140.15
98
Ultrashort BondBBLIX vs BBBIX
BBIIX
BBH Intermediate Municipal Bond Fund0.040.100.09
76
Municipal BondsBBLIX vs BBIIX
VTEAX
Vanguard Tax-Exempt Bond Index Fund Admiral Shares0.060.110.11
80
Municipal BondsBBLIX vs VTEAX
BBBMX
BBH Limited Duration Fund Class N0.080.140.16
98
Ultrashort BondBBLIX vs BBBMX
ONERX
One Rock Fund0.300.540.66
89
Large Cap Growth EquitiesBBLIX vs ONERX
See all 55 diversifiers for BBLIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BBLIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBLIX and solid risk/return profiles. The least correlated is BlackRock Capital Allocation Term Trust (BCAT) (Financial Services) with a 1Y correlation of 0.19, down from 0.58 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BCAT
BlackRock Capital Allocation Term Trust0.190.470.58
94
Financial Services

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Diversification Analysis

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