Looking to diversify beyond BDSKX? The mutual funds below have the lowest correlation with BDSKX — 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 BDSKX.
Best Diversifiers for BDSKX
0 mutual funds have low correlation with BDSKX (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.
| 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 | 96 | Equity Market Neutral | BDSKX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.41 | 0.27 | 0.13 | 51 | Systematic Trend | BDSKX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.71 | 0.67 | 0.73 | 59 | Large Cap Growth Equities | BDSKX vs NASDX | |
| Auer Growth Fund | 0.75 | 0.79 | 0.82 | 86 | Small Cap Blend Equities | BDSKX vs AUERX | |
| iShares S&P 500 Index Fund Class K | 0.80 | 0.78 | 0.83 | 65 | S&P 500 | BDSKX vs WFSPX |
See all 38 diversifiers for BDSKX
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