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Brown Advisory Growth Equity Fund (BIAGX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
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The investment seeks to achieve capital appreciation by primarily investing in equity securities. The fund normally invests at least 80% of the value of its net assets (plus any borrowings for investment purposes) in equity securities of domestic companies. It invests primarily in securities of medium and large market capitalization companies that the Adviser believes have exhibited an above average rate of earnings growth and that have prospects for above average, sustainable growth in the future. Medium and large market capitalization companies are those companies with market capitalizations generally greater than $2 billion at the time of purchase.

Looking to diversify beyond BIAGX? The mutual funds below have historically moved differently from BIAGX, 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 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 0.20, roughly unchanged from 0.13 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BIAEX
Brown Advisory Tax Exempt Bond Fund0.200.120.13
73
Municipal BondsBIAGX vs BIAEX
BITEX
Brown Advisory Tax-Exempt Sustainable Bond Fund0.220.130.13
74
Municipal BondsBIAGX vs BITEX
BIAMX
Brown Advisory Maryland Bond Fund0.230.160.17
70
Municipal BondsBIAGX vs BIAMX
AMRGX
American Growth Fund Series One0.530.710.79
56
Large Cap Growth EquitiesBIAGX vs AMRGX
BIAUX
Brown Advisory Small-Cap Fundamental Value Fund0.530.570.63
81
Small Cap Blend EquitiesBIAGX vs BIAUX
See all 28 diversifiers for BIAGX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for BIAGX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Sysco Corporation (SYY) (Consumer Defensive) with a 1Y correlation of 0.06, down from 0.29 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
SYY
Sysco Corporation0.060.140.29
55
Consumer Defensive

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