Looking to diversify beyond BIAGX? The mutual funds below have the lowest correlation with BIAGX — 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 BIAGX.
Best Diversifiers for BIAGX
3 mutual funds have low correlation with BIAGX (below 0.3), 0 of which are negatively correlated. The least correlated is Brown Advisory Tax Exempt Bond Fund (BIAEX) (Municipal Bonds) with a 1Y correlation of 0.17, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brown Advisory Tax Exempt Bond Fund | 0.17 | 0.11 | 0.12 | 74 | Municipal Bonds | BIAGX vs BIAEX | |
| Brown Advisory Tax-Exempt Sustainable Bond Fund | 0.17 | 0.12 | 0.11 | 71 | Municipal Bonds | BIAGX vs BITEX | |
| Brown Advisory Maryland Bond Fund | 0.21 | 0.15 | 0.16 | 73 | Municipal Bonds | BIAGX vs BIAMX | |
| Brown Advisory Small-Cap Fundamental Value Fund | 0.53 | 0.58 | 0.63 | 60 | Small Cap Blend Equities | BIAGX vs BIAUX | |
| Brown Advisory Emerging Markets Select Fund | 0.54 | 0.56 | 0.57 | 77 | Emerging Markets Diversified | BIAGX vs BIAQX |
See all 30 diversifiers for BIAGX
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