Looking to diversify beyond BIAPX? The mutual funds below have the lowest correlation with BIAPX — 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 BIAPX.
Best Diversifiers for BIAPX
7 mutual funds have low correlation with BIAPX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.25, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.25 | -0.06 | 0.09 | 73 | Diversified Portfolio | BIAPX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.05 | 0.18 | 0.49 | 64 | Diversified Portfolio | BIAPX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.27 | 0.46 | 0.55 | 95 | Diversified Portfolio | BIAPX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.27 | 0.47 | 0.56 | 96 | Diversified Portfolio | BIAPX vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.28 | 0.46 | 0.55 | 96 | Diversified Portfolio | BIAPX vs FIQDX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BIAPX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BIAPX and solid risk/return profiles. The least correlated is Oracle Corporation (ORCL) (Technology) with a 1Y correlation of 0.36, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Oracle Corporation | 0.36 | 0.52 | 0.54 | 58 | Technology |
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