Looking to diversify beyond BGCBX? The mutual funds below have historically moved differently from BGCBX, 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 BGCBX
0 mutual funds have low correlation with BGCBX (below 0.3), 0 of which are negatively correlated. The least correlated is Baillie Gifford Emerging Markets Equities Fund (BGELX) (Emerging Markets Equities) with a 1Y correlation of 0.61, roughly unchanged from 0.69 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baillie Gifford Emerging Markets Equities Fund | 0.61 | 0.67 | 0.69 | 88 | Emerging Markets Equities | BGCBX vs BGELX | |
| Morgan Stanley China A Share Fund | 0.69 | 0.70 | 0.73 | 73 | China Equities, Asia Pacific Equities | BGCBX vs CAF | |
| T. Rowe Price China Evolution Equity Fund | 0.73 | 0.82 | 0.84 | 71 | China Equities, Asia Pacific Equities | BGCBX vs TRCLX | |
| Oberweis China Opportunities Fund | 0.76 | 0.79 | 0.78 | 57 | China Equities, Asia Pacific Equities | BGCBX vs OBCHX | |
| Fidelity China Region Fund | 0.77 | 0.81 | 0.86 | 85 | China Equities, Asia Pacific Equities | BGCBX vs FHKCX |
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