Looking to diversify beyond BGEEX? The mutual funds below have the lowest correlation with BGEEX — 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 BGEEX.
Best Diversifiers for BGEEX
16 mutual funds have low correlation with BGEEX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.13, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.13 | 0.14 | 0.09 | 95 | Long-Short | BGEEX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.15 | 0.27 | 0.12 | 60 | Systematic Trend | BGEEX vs ASFYX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.15 | 0.35 | 0.54 | 51 | Global Equities | BGEEX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.18 | 0.54 | 0.69 | 76 | Global Equities | BGEEX vs RTXAX | |
| GMO Climate Change Fund | 0.19 | 0.52 | 0.66 | 87 | Global Equities | BGEEX vs GCCHX |
See all 31 diversifiers for BGEEX
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