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Bridge Builder Core Bond Fund (BBTBX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks to provide total return (capital appreciation plus income). The fund invests, under normal market conditions, at least 80% of its net assets (plus the amount of borrowings for investment purposes) in fixed income securities and other instruments, such as derivatives and certain investment companies, with economic characteristics similar to fixed income securities. It may invest in futures, primarily interest rate and U.S. Treasury futures, and swaps, primarily interest rate swaps.

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

Best Diversifiers for BBTBX

2 mutual funds have low correlation with BBTBX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Emerging Markets Value Portfolio (DFEVX) (Emerging Markets Diversified) with a 1Y correlation of 0.19, up from 0.08 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DFEVX
DFA Emerging Markets Value Portfolio0.190.120.08
88
Emerging Markets DiversifiedBBTBX vs DFEVX
FNWFX
American Funds New World Fund Class F-30.270.190.14
65
Emerging Markets DiversifiedBBTBX vs FNWFX
VTCLX
Vanguard Tax-Managed Capital Appreciation Fund Adm...0.310.210.14
64
Large Cap Blend EquitiesBBTBX vs VTCLX
VDADX
Vanguard Dividend Appreciation Index Fund Admiral ...0.360.240.17
51
Dividend, Large Cap Blend EquitiesBBTBX vs VDADX
DODFX
Dodge & Cox International Stock Fund0.380.270.15
65
Foreign Large Cap Equities, Large Cap Value Equities, Actively ManagedBBTBX vs DODFX
See all 16 diversifiers for BBTBX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BBTBX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BBTBX and solid risk/return profiles. The least correlated is U.S. Bancorp (USB) (Financial Services) with a 1Y correlation of 0.12, roughly unchanged from 0.03 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
USB
U.S. Bancorp0.120.120.03
83
Financial Services

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Diversification Analysis

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