Looking to diversify beyond BISLX? The mutual funds below have historically moved differently from BISLX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BISLX
0 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 0.31, up from 0.21 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brown Advisory Tax Exempt Bond Fund | 0.31 | 0.21 | — | 73 | Municipal Bonds | BISLX vs BIAEX | |
| Brown Advisory Tax-Exempt Sustainable Bond Fund | 0.33 | 0.22 | — | 74 | Municipal Bonds | BISLX vs BITEX | |
| Kopernik International Fund | 0.42 | 0.40 | 0.50 | 66 | Foreign Large Cap Equities | BISLX vs KGIIX | |
| Federated Hermes International Strategic Value Div... | 0.45 | 0.55 | 0.63 | 88 | Foreign Large Cap Equities | BISLX vs IVFIX | |
| PIMCO RAE PLUS International Fund | 0.47 | 0.52 | — | 95 | Foreign Large Cap Equities | BISLX vs PTSIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BISLX
Add BISLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BISLX