Looking to diversify beyond BCHYX? The mutual funds below have historically moved differently from BCHYX, 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 BCHYX
30 mutual funds have low correlation with BCHYX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Municipal Real Return Portfolio (DMREX) (Municipal Bonds) with a 1Y correlation of 0.01, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Municipal Real Return Portfolio | 0.01 | 0.17 | 0.20 | 94 | Municipal Bonds | BCHYX vs DMREX | |
| American Century Equity Income Fund | 0.16 | 0.15 | 0.11 | 83 | Dividend, Large Cap Value Equities | BCHYX vs TWEIX | |
| American Century Equity Income Fund Class I | 0.16 | 0.15 | 0.11 | 84 | Dividend, Large Cap Value Equities | BCHYX vs ACIIX | |
| American Century Investments Focused Large Cap Val... | 0.19 | 0.13 | 0.08 | 82 | Large Cap Value Equities | BCHYX vs ALVIX | |
| American Century Mid Cap Value R6 | 0.19 | 0.16 | 0.10 | 71 | Mid Cap Value Equities | BCHYX vs AMDVX |
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