Looking to diversify beyond BIAFX? The mutual funds below have the lowest correlation with BIAFX — 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 BIAFX.
Best Diversifiers for BIAFX
5 mutual funds have low correlation with BIAFX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) (Inflation-Protected Bonds) with a 1Y correlation of 0.06, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.06 | 0.08 | 0.14 | 89 | Inflation-Protected Bonds | BIAFX vs VTAPX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 0.15 | 0.04 | 0.07 | 99 | Ultrashort Bond | BIAFX vs TRBUX | |
| Brown Advisory Tax Exempt Bond Fund | 0.16 | 0.11 | 0.09 | 74 | Municipal Bonds | BIAFX vs BIAEX | |
| Brown Advisory Tax-Exempt Sustainable Bond Fund | 0.18 | 0.12 | 0.09 | 71 | Municipal Bonds | BIAFX vs BITEX | |
| Brown Advisory Maryland Bond Fund | 0.22 | 0.14 | 0.12 | 73 | Municipal Bonds | BIAFX vs BIAMX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BIAFX
Add BIAFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BIAFX