Looking to diversify beyond BBSOX? The mutual funds below have the lowest correlation with BBSOX — 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 BBSOX.
Best Diversifiers for BBSOX
18 mutual funds have low correlation with BBSOX (below 0.3), 1 of which are negatively correlated. The least correlated is AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) (Systematic Trend) with a 1Y correlation of -0.07, up from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AlphaSimplex Managed Futures Strategy Fund Class Y | -0.07 | -0.11 | -0.19 | 67 | Systematic Trend | BBSOX vs ASFYX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.01 | -0.02 | -0.02 | 91 | Long-Short | BBSOX vs BDMIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.03 | 0.07 | 0.13 | 98 | Ultrashort Bond | BBSOX vs CUTAX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.03 | 0.02 | 0.06 | 76 | Large Cap Growth Equities | BBSOX vs NASDX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | 0.04 | 0.03 | 0.05 | 70 | Large Cap Blend Equities | BBSOX vs VTCLX |
See all 26 diversifiers for BBSOX
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