Looking to diversify beyond BILDX? The mutual funds below have the lowest correlation with BILDX — 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 BILDX.
Best Diversifiers for BILDX
2 mutual funds have low correlation with BILDX (below 0.3), 1 of which are negatively correlated. The least correlated is DoubleLine Strategic Commodity Fund (DBCMX) (Commodities) with a 1Y correlation of -0.25, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Strategic Commodity Fund | -0.25 | -0.12 | -0.07 | 88 | Commodities | BILDX vs DBCMX | |
| Nationwide Amundi Strategic Income Fund | 0.02 | 0.26 | 0.12 | 99 | Multisector Bonds | BILDX vs NWXHX | |
| Holbrook Income Fund Class I | 0.34 | 0.33 | 0.38 | 98 | Intermediate Core-Plus Bond | BILDX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 0.34 | 0.19 | 0.14 | 93 | Intermediate Core-Plus Bond | BILDX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.35 | 0.21 | 0.16 | 91 | Intermediate Core-Plus Bond | BILDX vs LCTRX |
See all 18 diversifiers for BILDX
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