Looking to diversify beyond BITSX? The mutual funds below have the lowest correlation with BITSX — 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 BITSX.
Best Diversifiers for BITSX
0 mutual funds have low correlation with BITSX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.31, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.16 | 0.13 | 72 | Large Cap Blend Equities | BITSX vs SVPFX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.38 | 0.22 | 0.13 | 95 | Long-Short | BITSX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.45 | 0.33 | 0.16 | 60 | Systematic Trend | BITSX vs ASFYX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.36 | 0.42 | 69 | Large Cap Blend Equities | BITSX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.65 | 0.74 | 0.83 | 62 | Large Cap Blend Equities | BITSX vs RCKSX |
See all 45 diversifiers for BITSX
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