Looking to diversify beyond BGELX? The mutual funds below have historically moved differently from BGELX, 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 BGELX
2 mutual funds have low correlation with BGELX (below 0.3), 0 of which are negatively correlated. The least correlated is DoubleLine Low Duration Bond Fund (DBLSX) (Short-Term Bond) with a 1Y correlation of 0.06, roughly unchanged from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Low Duration Bond Fund | 0.06 | 0.05 | 0.08 | 95 | Short-Term Bond | BGELX vs DBLSX | |
| The Cook & Bynum Fund | 0.21 | 0.36 | 0.41 | 62 | Emerging Markets Equities | BGELX vs COBYX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.52 | 0.69 | 0.72 | 80 | Emerging Markets Equities | BGELX vs EMPTX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 0.53 | 0.68 | 0.69 | 56 | Emerging Markets Equities, Low Volatility | BGELX vs FGKPX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.56 | 0.67 | 0.67 | 96 | Emerging Markets Equities | BGELX vs ESCIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BGELX
Add BGELX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BGELX