Looking to diversify beyond BBMUX? The mutual funds below have the lowest correlation with BBMUX — 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 BBMUX.
Best Diversifiers for BBMUX
10 mutual funds have low correlation with BBMUX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.05, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.05 | 0.19 | 0.23 | 95 | Municipal Bonds | BBMUX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.08 | 0.24 | 0.25 | 94 | Municipal Bonds | BBMUX vs DMREX | |
| DFA Short Term Municipal Bond Portfolio | 0.19 | 0.25 | 0.35 | 99 | Municipal Bonds | BBMUX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.22 | 0.32 | 0.39 | 99 | Municipal Bonds | BBMUX vs USMSX | |
| DFA NY Municipal Bond Portfolio | 0.23 | 0.31 | 0.40 | 99 | Municipal Bonds | BBMUX vs DNYMX |
See all 24 diversifiers for BBMUX
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