Looking to diversify beyond BGRIX? The mutual funds below have the lowest correlation with BGRIX — 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 BGRIX.
Best Diversifiers for BGRIX
10 mutual funds have low correlation with BGRIX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Managed Income Fund (JMGIX) (Ultrashort Bond) with a 1Y correlation of 0.04, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Managed Income Fund | 0.04 | 0.03 | 0.02 | 97 | Ultrashort Bond | BGRIX vs JMGIX | |
| Baron Emerging Markets Fund | 0.10 | 0.32 | 0.45 | 58 | Emerging Markets Diversified | BGRIX vs BEXIX | |
| Essex Environmental Opportunities Fund | 0.13 | 0.45 | 0.62 | 79 | Mid Cap Growth Equities | BGRIX vs EEOFX | |
| Timothy Plan Aggressive Growth Fund | 0.13 | 0.49 | 0.68 | 90 | Mid Cap Growth Equities | BGRIX vs TAAGX | |
| Needham Growth Fund | 0.18 | 0.43 | 0.61 | 93 | Mid Cap Growth Equities | BGRIX vs NEEGX |
See all 16 diversifiers for BGRIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BGRIX
Add BGRIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BGRIX