Looking to diversify beyond BDSIX? The mutual funds below have historically moved differently from BDSIX, 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 BDSIX
0 mutual funds have low correlation with BDSIX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.35, up from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.35 | 0.17 | 0.08 | 97 | Equity Market Neutral | BDSIX vs BDMIX | |
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | 0.39 | 0.28 | 0.12 | 66 | Systematic Trend | BDSIX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Trust | 0.60 | 0.63 | 0.69 | 64 | Derivative Income | BDSIX vs BDJ | |
| Vanguard Equity Income Fund Admiral Shares | 0.66 | 0.76 | 0.78 | 84 | Dividend, Large Cap Value Equities | BDSIX vs VEIRX | |
| DFA International Small Company Portfolio | 0.68 | 0.67 | 0.71 | 60 | Foreign Small & Mid Cap Equities, Small Cap Blend Equities | BDSIX vs DFISX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BDSIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.05, down from 0.47 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.05 | 0.32 | 0.47 | 61 | Financial Services |
Build a portfolio that complements BDSIX
Add BDSIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BDSIX