Looking to diversify beyond BEQGX? The mutual funds below have the lowest correlation with BEQGX — 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 BEQGX.
Best Diversifiers for BEQGX
1 mutual funds have low correlation with BEQGX (below 0.3), 0 of which are negatively correlated. The least correlated is American Century California High Yield Municipal Fund (BCHYX) (Municipal Bonds) with a 1Y correlation of 0.18, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Century California High Yield Municipal F... | 0.18 | 0.14 | 0.10 | 72 | Municipal Bonds | BEQGX vs BCHYX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.13 | 0.11 | 72 | Large Cap Blend Equities | BEQGX vs SVPFX | |
| American Century Equity Income Fund | 0.45 | 0.52 | 0.67 | 51 | Large Cap Value Equities | BEQGX vs TWEIX | |
| American Century Equity Income Fund Class I | 0.46 | 0.52 | 0.67 | 52 | Large Cap Value Equities | BEQGX vs ACIIX | |
| North Square Preferred and Income Securities Fund | 0.48 | 0.34 | 0.42 | 69 | Large Cap Blend Equities | BEQGX vs ORDNX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BEQGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BEQGX and solid risk/return profiles. The least correlated is U.S. Bancorp (USB) (Financial Services) with a 1Y correlation of 0.43, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| U.S. Bancorp | 0.43 | 0.44 | 0.48 | 83 | Financial Services | |
| NVIDIA Corporation | 0.50 | 0.57 | 0.63 | 76 | Technology |
Build a portfolio that complements BEQGX
Add BEQGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BEQGX