Looking to diversify beyond BGSAX? The mutual funds below have the lowest correlation with BGSAX — 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 BGSAX.
Best Diversifiers for BGSAX
42 mutual funds have low correlation with BGSAX (below 0.3), 2 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.30, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.30 | -0.18 | -0.07 | 58 | Diversified Portfolio | BGSAX vs SIFAX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.07 | -0.01 | 0.01 | 99 | Municipal Bonds | BGSAX vs TFCYX | |
| iShares Short-Term TIPS Bond Index Fund | 0.03 | 0.03 | 0.07 | 63 | Inflation-Protected Bonds | BGSAX vs BIIPX | |
| BlackRock Allocation Target Shares Series A Portfo... | 0.04 | 0.07 | 0.06 | 98 | Short-Term Bond | BGSAX vs BATAX | |
| BlackRock Tactical Opportunities Fund | 0.08 | 0.24 | 0.19 | 81 | Macro Trading | BGSAX vs PCBAX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BGSAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BGSAX and solid risk/return profiles. The least correlated is Electronic Arts Inc. (EA) (Communication Services) with a 1Y correlation of 0.07, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Electronic Arts Inc. | 0.07 | 0.23 | 0.34 | 96 | Communication Services | |
| Apple Inc | 0.26 | 0.39 | 0.53 | 91 | Technology | |
| CrowdStrike Holdings, Inc. | 0.47 | 0.58 | 0.64 | 77 | Technology | |
| Alphabet Inc. Class A | 0.48 | 0.53 | 0.65 | 96 | Communication Services | |
| Advanced Micro Devices, Inc. | 0.68 | 0.66 | 0.73 | 97 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BGSAX
Add BGSAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BGSAX