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Baron Durable Advantage Fund (BDAIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

The fund invests primarily in equity securities in the form of common stock of U.S. large-sized companies. The Adviser seeks to invest primarily in what the advisor believes are unique, well-managed, competitively advantaged businesses that generate significant excess free cash flow that is consistently returned to shareholders in the form of stock buybacks and/or dividends.

Looking to diversify beyond BDAIX? The mutual funds below have the lowest correlation with BDAIX — 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 BDAIX.

Best Diversifiers for BDAIX

0 mutual funds have low correlation with BDAIX (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 0.53, down from 0.67 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BPTRX
Baron Partners Fund0.530.610.67
67
Large Cap Growth EquitiesBDAIX vs BPTRX
IOLZX
ICON Equity Fund0.670.660.73
75
Large Cap Growth EquitiesBDAIX vs IOLZX
VTMGX
Vanguard Developed Markets Index Fund Admiral Shar...0.670.660.71
54
Foreign Large Cap EquitiesBDAIX vs VTMGX
DNVYX
Davis New York Venture Fund Class Y0.680.740.77
81
Large Cap Growth EquitiesBDAIX vs DNVYX
ADX
Adams Diversified Equity Fund, Inc.0.690.780.86
81
Large Cap Blend EquitiesBDAIX vs ADX
See all 27 diversifiers for BDAIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BDAIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BDAIX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.01, down from 0.41 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BRK-B
Berkshire Hathaway Inc.-0.010.230.41
53
Financial Services

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