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Brookfield Global Listed Infrastructure Fund (BGLYX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 4, 2026
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The fund normally invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in publicly traded equity securities of infrastructure companies listed on a domestic or foreign exchange, throughout the world, including the United States. It normally will maintain exposure to securities of infrastructure companies in the United States and in at least three countries outside the United States.

Looking to diversify beyond BGLYX? The mutual funds below have historically moved differently from BGLYX, 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 BGLYX

13 mutual funds have low correlation with BGLYX (below 0.3), 0 of which are negatively correlated. The least correlated is NXG Cushing® Midstream Energy Fund (SRV) (Energy Equities) with a 1Y correlation of 0.18, down from 0.36 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SRV
NXG Cushing® Midstream Energy Fund0.180.250.36
53
Energy EquitiesBGLYX vs SRV
VENAX
Vanguard Energy Index Fund Admiral Shares0.240.310.39
71
Energy EquitiesBGLYX vs VENAX
FSENX
Fidelity Select Energy Portfolio0.250.310.39
87
Energy EquitiesBGLYX vs FSENX
FSTEX
Invesco Energy Fund0.250.310.40
74
Energy EquitiesBGLYX vs FSTEX
GAGEX
Guinness Atkinson Global Energy Fund0.260.320.40
85
Energy EquitiesBGLYX vs GAGEX
See all 57 diversifiers for BGLYX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for BGLYX, 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 Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.30, down from 0.52 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BRK-B
Berkshire Hathaway Inc.0.300.410.52
61
Financial Services

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