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Looking to diversify beyond BLPIX? The mutual funds below have historically moved differently from BLPIX, 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 BLPIX

2 mutual funds have low correlation with BLPIX (below 0.3), 1 of which are negatively correlated. The least correlated is ProFunds UltraSector Oil & Gas Fund (ENPIX) (Leveraged Equities) with a 1Y correlation of -0.14, down from 0.29 over 5 years.

How candidates are selected

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