Looking to diversify beyond BCRIX? The mutual funds below have the lowest correlation with BCRIX — 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 BCRIX.
Best Diversifiers for BCRIX
4 mutual funds have low correlation with BCRIX (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of -0.00, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | -0.00 | 0.01 | 0.01 | 95 | Long-Short | BCRIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.03 | -0.14 | -0.33 | 60 | Systematic Trend | BCRIX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | 0.18 | 0.13 | 0.11 | 66 | Technology Equities | BCRIX vs BGSAX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.26 | 0.15 | 0.12 | 70 | Large Cap Growth Equities | BCRIX vs NASDX | |
| iShares S&P 500 Index Fund Class K | 0.33 | 0.21 | 0.14 | 66 | S&P 500 | BCRIX vs WFSPX |
See all 14 diversifiers for BCRIX
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