Looking to diversify beyond BGH? The mutual funds below have historically moved differently from BGH, 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 BGH
7 mutual funds have low correlation with BGH (below 0.3), 1 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of -0.08, roughly unchanged from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.08 | -0.00 | 0.01 | 100 | High Yield Bonds | BGH vs XILSX | |
| Fairholme Focused Income Fund | 0.08 | 0.19 | 0.33 | 73 | High Yield Bonds | BGH vs FOCIX | |
| RiverPark Short Term High Yield Fund | 0.14 | 0.08 | 0.13 | 100 | High Yield Bonds | BGH vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.16 | 0.11 | 0.10 | 100 | Bank Loan, High Yield Bonds | BGH vs CCLFX | |
| T. Rowe Price Floating Rate Fund - Investor Class | 0.23 | 0.27 | 0.32 | 90 | High Yield Bonds | BGH vs PRFRX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BGH, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Cohen & Steers Infrastructure Fund, Inc (UTF) (Financial Services) with a 1Y correlation of 0.17, down from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cohen & Steers Infrastructure Fund, Inc | 0.17 | 0.26 | 0.33 | 74 | Financial Services | |
| PIMCO Dynamic Income Opportunities Fund | 0.28 | 0.37 | 0.43 | 65 | Financial Services |
Build a portfolio that complements BGH
Add BGH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BGH