Looking to diversify beyond BDBKX? The mutual funds below have historically moved differently from BDBKX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BDBKX
1 mutual funds have low correlation with BDBKX (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Short-Term TIPS Bond Index Fund Class K (BKIPX) (Inflation-Protected Bonds) with a 1Y correlation of 0.04, roughly unchanged from 0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Short-Term TIPS Bond Index Fund Class K | 0.04 | 0.10 | 0.11 | 59 | Inflation-Protected Bonds | BDBKX vs BKIPX | |
| DFA International Small Company Portfolio | 0.69 | 0.68 | 0.70 | 60 | Foreign Small & Mid Cap Equities, Small Cap Blend Equities | BDBKX vs DFISX | |
| Hennessy Cornerstone Growth Fund | 0.71 | 0.82 | 0.81 | 53 | Small Cap Blend Equities | BDBKX vs HFCGX | |
| iShares MSCI EAFE International Index Fund | 0.71 | 0.69 | 0.72 | 69 | Foreign Large Cap Equities | BDBKX vs BTMKX | |
| iShares MSCI EAFE International Index Fund | 0.71 | 0.69 | 0.72 | 63 | Foreign Large Cap Equities | BDBKX vs MDIIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BDBKX
Add BDBKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BDBKX