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Brown Advisory Sustainable Growth Fund (BIAWX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 16, 2026

The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of sustainable domestic companies. It invests primarily in the securities of medium and large capitalization companies that Brown Advisory LLC (the "Adviser") believes (1) have the fundamental strengths (strong financials and business models) to outperform their peers and deliver above-average earnings growth over a market cycle, (2) effectively implement Sustainable Business Advantages, and (3) have attractive valuations.

Looking to diversify beyond BIAWX? The mutual funds below have the lowest correlation with BIAWX — 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 BIAWX.

Best Diversifiers for BIAWX

3 mutual funds have low correlation with BIAWX (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 0.10, roughly unchanged from 0.10 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BIAEX
Brown Advisory Tax Exempt Bond Fund0.100.080.10
78
Municipal BondsBIAWX vs BIAEX
BITEX
Brown Advisory Tax-Exempt Sustainable Bond Fund0.140.100.10
75
Municipal BondsBIAWX vs BITEX
BIAMX
Brown Advisory Maryland Bond Fund0.160.130.14
79
Municipal BondsBIAWX vs BIAMX
AHIFX
American Funds American High-Inc F20.540.460.49
80
High Yield BondsBIAWX vs AHIFX
BIAQX
Brown Advisory Emerging Markets Select Fund0.550.560.58
63
Emerging Markets DiversifiedBIAWX vs BIAQX
See all 36 diversifiers for BIAWX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BIAWX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BIAWX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.06, down from 0.38 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BRK-B
Berkshire Hathaway Inc.0.060.230.38
52
Financial Services

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