Looking to diversify beyond BDAFX? The mutual funds below have the lowest correlation with BDAFX — 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 BDAFX.
Best Diversifiers for BDAFX
0 mutual funds have low correlation with BDAFX (below 0.3), 0 of which are negatively correlated. The least correlated is Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.37, down from 0.82 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.37 | 0.76 | 0.82 | 99 | Large Cap Growth Equities | BDAFX vs EFCNX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.66 | 0.66 | 0.71 | 52 | Large Cap Growth Equities, Foreign Large Cap Equities | BDAFX vs VTMGX | |
| ICON Equity Fund | 0.66 | 0.65 | 0.72 | 76 | Large Cap Growth Equities | BDAFX vs IOLZX | |
| Adams Diversified Equity Fund, Inc. | 0.70 | 0.79 | 0.86 | 73 | Large Cap Growth Equities | BDAFX vs ADX | |
| One Rock Fund | 0.72 | 0.79 | 0.81 | 88 | Large Cap Growth Equities | BDAFX vs ONERX |
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