Looking to diversify beyond BCSSX? The mutual funds below have the lowest correlation with BCSSX — 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 BCSSX.
Best Diversifiers for BCSSX
1 mutual funds have low correlation with BCSSX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Growth Fund (QISGX) (Small Cap Growth Equities) with a 1Y correlation of 0.22, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT Small Cap Growth Fund | 0.22 | 0.54 | 0.70 | 66 | Small Cap Growth Equities | BCSSX vs QISGX | |
| Driehaus Micro Cap Growth Fund | 0.48 | 0.67 | 0.72 | 81 | Small Cap Growth Equities | BCSSX vs DMCRX | |
| Needham Aggressive Growth Fund Institutional Class | 0.49 | 0.65 | 0.72 | 93 | Small Cap Growth Equities | BCSSX vs NEAIX | |
| Needham Aggressive Growth Fund | 0.49 | 0.66 | 0.72 | 92 | Small Cap Growth Equities | BCSSX vs NEAGX | |
| Calamos Timpani Small Cap Growth Fund | 0.51 | 0.69 | 0.76 | 72 | Small Cap Growth Equities | BCSSX vs CTSIX |
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