Looking to diversify beyond BGVIX? The mutual funds below have the lowest correlation with BGVIX — 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 BGVIX.
Best Diversifiers for BGVIX
0 mutual funds have low correlation with BGVIX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Global Technology Fund I Class (PGTIX) (Technology Equities) with a 1Y correlation of 0.45, roughly unchanged from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 0.45 | 0.50 | 0.53 | 88 | Technology Equities, Global Equities | BGVIX vs PGTIX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.49 | 0.57 | 0.63 | 52 | Global Equities | BGVIX vs CSUAX | |
| Oberweis Global Opportunities Fund | 0.54 | 0.65 | 0.70 | 79 | Global Equities | BGVIX vs OBEGX | |
| New Alternatives Fund | 0.58 | 0.65 | 0.65 | 63 | Global Equities | BGVIX vs NALFX | |
| Fidelity Advisor Worldwide Fund Class Z | 0.59 | 0.66 | 0.74 | 77 | Global Equities | BGVIX vs FIQOX |
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