Looking to diversify beyond BBSOX? The mutual funds below have historically moved differently from BBSOX, 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 BBSOX
25 mutual funds have low correlation with BBSOX (below 0.3), 1 of which are negatively correlated. The least correlated is Virtus AlphaSimplex Managed Futures Strategy Fund Class I (ASFYX) (Systematic Trend) with a 1Y correlation of -0.04, up from -0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | -0.04 | -0.08 | -0.18 | 66 | Systematic Trend | BBSOX vs ASFYX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 0.08 | 0.14 | 0.06 | 99 | Ultrashort Bond | BBSOX vs TSDUX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | 0.08 | 0.31 | 0.37 | 99 | Ultrashort Bond | BBSOX vs TRSTX | |
| Tactical Multi-Purpose Fund | 0.09 | 0.07 | 0.04 | 100 | Ultrashort Bond | BBSOX vs TMPFX | |
| CrossingBridge Ultra-Short Duration Fund | 0.09 | 0.10 | 0.12 | 99 | Ultrashort Bond | BBSOX vs CBUDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BBSOX
Add BBSOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BBSOX