Looking to diversify beyond BFOCX? The mutual funds below have the lowest correlation with BFOCX — 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 BFOCX.
Best Diversifiers for BFOCX
0 mutual funds have low correlation with BFOCX (below 0.3), 0 of which are negatively correlated. The least correlated is Gabelli Global Content & Connectivity Fund Class I (GTTIX) (Technology Equities) with a 1Y correlation of 0.39, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Gabelli Global Content & Connectivity Fund Class I | 0.39 | 0.50 | 0.59 | 82 | Technology Equities | BFOCX vs GTTIX | |
| ARK Venture Fund | 0.44 | 0.62 | — | 98 | Technology Equities | BFOCX vs ARKVX | |
| ICON Health and Information Technology Fund | 0.64 | 0.69 | 0.71 | 86 | Technology Equities | BFOCX vs ICTEX | |
| Columbia Seligman Premium Technology Growth Closed... | 0.69 | 0.74 | 0.74 | 98 | Technology Equities | BFOCX vs STK | |
| Fidelity 500 Index Fund | 0.70 | 0.77 | 0.77 | 73 | S&P 500 | BFOCX vs FXAIX |
See all 22 diversifiers for BFOCX
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