Looking to diversify beyond BERIX? The mutual funds below have the lowest correlation with BERIX — 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 BERIX.
Best Diversifiers for BERIX
8 mutual funds have low correlation with BERIX (below 0.3), 1 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of -0.07, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | -0.07 | 0.12 | 0.32 | 69 | Diversified Portfolio | BERIX vs MHELX | |
| Federated Hermes Capital Income Fund | 0.10 | 0.46 | 0.61 | 84 | Diversified Portfolio | BERIX vs CAPAX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.21 | 0.32 | 0.43 | 99 | Diversified Portfolio | BERIX vs STDAX | |
| Virtus Diversified Income & Convertible Fund | 0.23 | 0.34 | 0.41 | 57 | Diversified Portfolio | BERIX vs ACV | |
| Hennessy Balanced Fund | 0.27 | 0.38 | 0.46 | 63 | Diversified Portfolio | BERIX vs HBFBX |
See all 275 diversifiers for BERIX
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