Looking to diversify beyond BDFIX? The mutual funds below have the lowest correlation with BDFIX — 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 BDFIX.
Best Diversifiers for BDFIX
0 mutual funds have low correlation with BDFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.52, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.52 | 0.63 | 0.70 | 96 | Semiconductors, Technology Equities | BDFIX vs FSELX | |
| Baron Partners Fund | 0.57 | 0.61 | 0.71 | 72 | Large Cap Growth Equities | BDFIX vs BPTRX | |
| Oberweis Micro Cap Fund | 0.70 | 0.82 | 0.85 | 91 | Small Cap Growth Equities | BDFIX vs OBMCX | |
| Driehaus Micro Cap Growth Fund | 0.71 | 0.81 | 0.85 | 83 | Small Cap Growth Equities | BDFIX vs DMCRX | |
| Needham Aggressive Growth Fund | 0.72 | 0.78 | 0.81 | 93 | Small Cap Growth Equities | BDFIX vs NEAGX |
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