Looking to diversify beyond BFMSX? The mutual funds below have historically moved differently from BFMSX, 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 BFMSX
8 mutual funds have low correlation with BFMSX (below 0.3), 1 of which are negatively correlated. The least correlated is Virtus AlphaSimplex Managed Futures Strategy Fund Class I (ASFYX) (Systematic Trend) with a 1Y correlation of -0.05, up from -0.30 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | -0.05 | -0.13 | -0.30 | 66 | Systematic Trend | BFMSX vs ASFYX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.02 | 0.01 | -0.00 | 97 | Equity Market Neutral | BFMSX vs BDMIX | |
| GuidePath Absolute Return Allocation Fund | 0.17 | 0.48 | 0.57 | 69 | Short-Term Bond | BFMSX vs GPARX | |
| Leader Short Term High Yield Bond Fund | 0.18 | 0.15 | 0.21 | 84 | Short-Term Bond | BFMSX vs LCCMX | |
| DFA Two-Year Fixed Income Portfolio | 0.23 | 0.04 | 0.35 | 100 | Short-Term Bond | BFMSX vs DFCFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BFMSX
Add BFMSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BFMSX