Looking to diversify beyond BIAQX? The mutual funds below have the lowest correlation with BIAQX — 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 BIAQX.
Best Diversifiers for BIAQX
2 mutual funds have low correlation with BIAQX (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 0.13, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brown Advisory Tax Exempt Bond Fund | 0.13 | 0.09 | 0.10 | 75 | Municipal Bonds | BIAQX vs BIAEX | |
| Brown Advisory Tax-Exempt Sustainable Bond Fund | 0.13 | 0.10 | 0.10 | 70 | Municipal Bonds | BIAQX vs BITEX | |
| Brown Advisory Small-Cap Fundamental Value Fund | 0.46 | 0.48 | 0.52 | 52 | Small Cap Blend Equities | BIAQX vs BIAUX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.52 | 0.65 | 0.70 | 86 | Emerging Markets Diversified | BIAQX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | 0.68 | 0.63 | 0.67 | 61 | Emerging Markets Diversified | BIAQX vs WAEMX |
See all 23 diversifiers for BIAQX
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