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 Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.52, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.52 | 0.61 | 0.67 | 52 | Large Cap Growth Equities | BDAFX vs BPTRX | |
| ICON Equity Fund | 0.66 | 0.65 | 0.73 | 85 | Large Cap Growth Equities | BDAFX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.68 | 0.66 | 0.71 | 65 | Foreign Large Cap Equities | BDAFX vs VTMGX | |
| Davis New York Venture Fund Class Y | 0.70 | 0.75 | 0.78 | 80 | Large Cap Growth Equities | BDAFX vs DNVYX | |
| Adams Diversified Equity Fund, Inc. | 0.71 | 0.79 | 0.86 | 61 | Large Cap Blend Equities | BDAFX vs ADX |
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