Looking to diversify beyond BGNMX? The mutual funds below have historically moved differently from BGNMX, 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 BGNMX
3 mutual funds have low correlation with BGNMX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of 0.24, up from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.24 | 0.12 | 0.09 | 99 | Government Bonds | BGNMX vs GUSTX | |
| American Century Equity Income Fund | 0.27 | 0.26 | 0.21 | 87 | Dividend, Large Cap Value Equities | BGNMX vs TWEIX | |
| American Century Equity Income Fund Class I | 0.27 | 0.25 | 0.21 | 88 | Dividend, Large Cap Value Equities | BGNMX vs ACIIX | |
| DFA Short-Term Government Portfolio | 0.33 | 0.11 | 0.32 | 99 | Government Bonds | BGNMX vs DFFGX | |
| American Century Disciplined Core Value Fund | 0.33 | 0.24 | 0.18 | 94 | Large Cap Value Equities | BGNMX vs BIGRX |
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