Looking to diversify beyond BCSIX? The mutual funds below have the lowest correlation with BCSIX — 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 BCSIX.
Best Diversifiers for BCSIX
2 mutual funds have low correlation with BCSIX (below 0.3), 0 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 0.22, up from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.22 | 0.14 | 0.04 | 95 | Long-Short | BCSIX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.26 | 0.23 | 0.06 | 60 | Systematic Trend | BCSIX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | 0.41 | 0.54 | 0.70 | 66 | Technology Equities | BCSIX vs BGSAX | |
| Driehaus Micro Cap Growth Fund | 0.48 | 0.66 | 0.73 | 83 | Small Cap Growth Equities | BCSIX vs DMCRX | |
| Needham Aggressive Growth Fund | 0.48 | 0.65 | 0.72 | 93 | Small Cap Growth Equities | BCSIX vs NEAGX |
See all 25 diversifiers for BCSIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BCSIX
Add BCSIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BCSIX