Looking to diversify beyond BIASX? The mutual funds below have the lowest correlation with BIASX — 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 BIASX.
Best Diversifiers for BIASX
4 mutual funds have low correlation with BIASX (below 0.3), 0 of which are negatively correlated. The least correlated is Brown Advisory Tax-Exempt Sustainable Bond Fund (BITEX) (Municipal Bonds) with a 1Y correlation of 0.15, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brown Advisory Tax-Exempt Sustainable Bond Fund | 0.15 | 0.12 | 0.11 | 70 | Municipal Bonds | BIASX vs BITEX | |
| Brown Advisory Tax Exempt Bond Fund | 0.15 | 0.12 | 0.12 | 75 | Municipal Bonds | BIASX vs BIAEX | |
| Brown Advisory Maryland Bond Fund | 0.17 | 0.14 | 0.14 | 71 | Municipal Bonds | BIASX vs BIAMX | |
| Federated Hermes MDT Small Cap Growth Fund | 0.23 | 0.60 | 0.77 | 66 | Small Cap Growth Equities | BIASX vs QISGX | |
| Brown Advisory Emerging Markets Select Fund | 0.50 | 0.54 | 0.58 | 85 | Emerging Markets Diversified | BIASX vs BIAQX |
See all 18 diversifiers for BIASX
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