Looking to diversify beyond BLUEX? The mutual funds below have the lowest correlation with BLUEX — 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 BLUEX.
Best Diversifiers for BLUEX
28 mutual funds have low correlation with BLUEX (below 0.3), 0 of which are negatively correlated. The least correlated is Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.13, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.13 | 0.40 | 0.57 | 98 | Large Cap Growth Equities | BLUEX vs EFCNX | |
| One Rock Fund | 0.15 | 0.31 | 0.46 | 87 | Large Cap Growth Equities | BLUEX vs ONERX | |
| Alger Large Cap Growth Portfolio Fund | 0.23 | 0.37 | 0.55 | 50 | Large Cap Growth Equities | BLUEX vs AAGOX | |
| Alger Focus Equity Fund Class Z | 0.25 | 0.37 | 0.55 | 62 | Large Cap Growth Equities | BLUEX vs ALZFX | |
| Alger Focus Equity A Fund | 0.25 | 0.37 | 0.55 | 61 | Large Cap Growth Equities | BLUEX vs ALAFX |
See all 97 diversifiers for BLUEX
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