Looking to diversify beyond BGSIX? The mutual funds below have historically moved differently from BGSIX, 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 BGSIX
0 mutual funds have low correlation with BGSIX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Strategic Income Opportunities Fund Class I (BSIIX) (Total Bond Market) with a 1Y correlation of 0.40, up from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Strategic Income Opportunities Fund Clas... | 0.40 | 0.25 | 0.29 | 64 | Total Bond Market | BGSIX vs BSIIX | |
| BlackRock Equity Dividend Fund | 0.40 | 0.40 | 0.52 | 87 | Large Cap Value Equities | BGSIX vs MADVX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.42 | 0.26 | 0.14 | 97 | Equity Market Neutral | BGSIX vs BDMIX | |
| BlackRock Global Equity Market Neutral Fund Invest... | 0.42 | 0.26 | 0.14 | 97 | Equity Market Neutral | BGSIX vs BDMAX | |
| ARK Venture Fund | 0.43 | 0.53 | — | 99 | Technology Equities | BGSIX vs ARKVX |
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