Looking to diversify beyond BISMX? The mutual funds below have the lowest correlation with BISMX — 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 BISMX.
Best Diversifiers for BISMX
1 mutual funds have low correlation with BISMX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Energy Infrastructure Fund (GLEIX) (Energy Equities) with a 1Y correlation of 0.07, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Energy Infrastructure Fund | 0.07 | 0.25 | 0.42 | 57 | Energy Equities | BISMX vs GLEIX | |
| Aegis Value Fund | 0.43 | 0.50 | 0.60 | 88 | Small Cap Value Equities | BISMX vs AVALX | |
| Pear Tree Polaris International Opportunities Fund | 0.50 | 0.61 | 0.65 | 52 | Foreign Small & Mid Cap Equities | BISMX vs QISIX | |
| Thornburg Investment Income Builder Fund Class I | 0.56 | 0.64 | 0.71 | 98 | Diversified Portfolio | BISMX vs TIBIX | |
| Hood River International Opportunity Fund | 0.59 | 0.61 | — | 94 | Foreign Small & Mid Cap Equities | BISMX vs HRIOX |
See all 21 diversifiers for BISMX
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