PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Baird Intermediate Bond Fund Class Institutional (BIMIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The Baird Intermediate Bond Fund (BIMIX) aims to achieve an annual total return greater than the Bloomberg Barclays Intermediate U.S. Government/Credit Bond Index after accounting for expenses. The fund typically invests at least 80% of its net assets in U.S. dollar-denominated debt obligations, including U.S. government and public-sector agency debt, asset-backed and mortgage-backed obligations issued by U.S. and foreign entities, and corporate debt issued by U.S. and foreign entities.

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

Best Diversifiers for BIMIX

2 mutual funds have low correlation with BIMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Baird Ultra Short Bond Fund Institutional Class (BUBIX) (Ultrashort Bond) with a 1Y correlation of 0.13, down from 0.30 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BUBIX
Baird Ultra Short Bond Fund Institutional Class0.130.280.30
100
Ultrashort BondBIMIX vs BUBIX
BUBSX
Baird Ultra Short Bond Fund0.290.280.34
100
Ultrashort BondBIMIX vs BUBSX
BTMSX
Baird Short-Term Municipal Bond Fund0.400.470.44
87
Municipal BondsBIMIX vs BTMSX
BSNSX
Baird Strategic Municipal Bond Fund0.430.570.53
85
Municipal BondsBIMIX vs BSNSX
BMNSX
Baird Core Intermediate Municipal Bond Fund0.490.560.50
78
Municipal BondsBIMIX vs BMNSX
See all 14 diversifiers for BIMIX

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from BIMIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BIMIX and solid risk/return profiles. The least correlated is Cloudflare, Inc. (NET) (Technology) with a 1Y correlation of 0.02, down from 0.12 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
NET
Cloudflare, Inc.0.020.090.12
67
Technology

Rows per page

1–1 of 1

Diversification Analysis

Build a portfolio that complements BIMIX

Add BIMIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with BIMIX