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American Funds Moderate Growth and Income Portfolio Class A (BLPAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The American Funds Moderate Growth and Income Portfolio (BLPAX) is a mutual fund managed by American Funds, a leading provider of investment products and services. The fund is designed for investors who are looking to achieve a balance between the potential for growth and risk management.

The portfolio is composed of a mix of global stocks and bonds, which helps diversify the holdings and reduce the impact of volatility on the fund's overall performance. By offering exposure to various assets, the fund aims to provide investors with the opportunity to pursue their future financial goals while also helping to manage risk.

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

Best Diversifiers for BLPAX

2 mutual funds have low correlation with BLPAX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.14, down from 0.18 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SIFAX
SEI Institutional Managed Trust Multi-Asset Inflat...-0.140.050.18
76
Diversified PortfolioBLPAX vs SIFAX
MHELX
MH Elite Small Cap Fund of Funds Fund0.090.190.50
63
Diversified PortfolioBLPAX vs MHELX
FCSRX
Fidelity Advisor Strategic Real Return Fund Class ...0.400.590.65
95
Diversified PortfolioBLPAX vs FCSRX
FIQDX
Fidelity Advisor Strategic Real Return Fund Class ...0.400.590.65
96
Diversified PortfolioBLPAX vs FIQDX
FSIRX
Fidelity Advisor Strategic Real Return Fund Class ...0.400.590.66
96
Diversified PortfolioBLPAX vs FSIRX
See all 44 diversifiers for BLPAX

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