Looking to diversify beyond BISLX? The mutual funds below have the lowest correlation with BISLX — 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 BISLX.
Best Diversifiers for BISLX
2 mutual funds have low correlation with BISLX (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 0.25, roughly unchanged from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brown Advisory Tax Exempt Bond Fund | 0.25 | 0.20 | — | 75 | Municipal Bonds | BISLX vs BIAEX | |
| Brown Advisory Tax-Exempt Sustainable Bond Fund | 0.30 | 0.21 | — | 70 | Municipal Bonds | BISLX vs BITEX | |
| Kopernik International Fund | 0.46 | 0.42 | — | 81 | Foreign Large Cap Equities | BISLX vs KGIIX | |
| SA International Value Fund | 0.51 | 0.56 | — | 87 | Foreign Large Cap Equities | BISLX vs SAHMX | |
| EuroPac International Dividend Income Fund | 0.52 | 0.59 | — | 87 | Foreign Large Cap Equities | BISLX vs EPDIX |
See all 14 diversifiers for BISLX
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