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BBH Select Series - Large Cap Fund (BBLIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 4, 2026
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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 historically moved differently from BBLIX, 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 BBLIX

5 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 0.04, down from 0.15 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BBBIX
BBH Limited Duration Fund0.040.140.15
98
Ultrashort BondBBLIX vs BBBIX
BBIIX
BBH Intermediate Municipal Bond Fund0.050.100.10
64
Municipal BondsBBLIX vs BBIIX
BBBMX
BBH Limited Duration Fund Class N0.080.130.16
98
Ultrashort BondBBLIX vs BBBMX
VTEAX
Vanguard Tax-Exempt Bond Index Fund Admiral Shares0.080.110.11
69
Municipal BondsBBLIX vs VTEAX
AMRGX
American Growth Fund Series One0.260.650.77
55
Large Cap Growth EquitiesBBLIX vs AMRGX
See all 45 diversifiers for BBLIX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for BBLIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is BlackRock Capital Allocation Term Trust (BCAT) (Financial Services) with a 1Y correlation of 0.22, down from 0.58 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BCAT
BlackRock Capital Allocation Term Trust0.220.460.58
95
Financial Services

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