Looking to diversify beyond BGNMX? The mutual funds below have the lowest correlation with BGNMX — 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 BGNMX.
Best Diversifiers for BGNMX
3 mutual funds have low correlation with BGNMX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short-Term Government Portfolio (DFFGX) (Government Bonds) with a 1Y correlation of 0.20, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.20 | 0.07 | 0.31 | 62 | Government Bonds | BGNMX vs DFFGX | |
| American Century Disciplined Core Value Fund | 0.27 | 0.22 | 0.17 | 79 | Large Cap Value Equities | BGNMX vs BIGRX | |
| GMO U.S. Treasury Fund | 0.28 | 0.10 | 0.08 | 99 | Government Bonds | BGNMX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | 0.36 | 0.55 | 0.53 | 99 | Government Bonds | BGNMX vs FEUGX | |
| Davis Government Bond Fund | 0.54 | 0.54 | 0.61 | 69 | Government Bonds | BGNMX vs RFBAX |
See all 14 diversifiers for BGNMX
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