Looking to diversify beyond BNUEX? The mutual funds below have the lowest correlation with BNUEX — 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 BNUEX.
Best Diversifiers for BNUEX
1 mutual funds have low correlation with BNUEX (below 0.3), 0 of which are negatively correlated. The least correlated is PACE Municipal Fixed Income Investments (PCMNX) (Municipal Bonds) with a 1Y correlation of 0.26, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PACE Municipal Fixed Income Investments | 0.26 | 0.24 | 0.20 | 74 | Municipal Bonds | BNUEX vs PCMNX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 0.35 | 0.33 | 0.27 | 55 | Intermediate Core Bond | BNUEX vs PCGTX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.47 | 0.59 | 0.67 | 94 | Emerging Markets Diversified | BNUEX vs EMPTX | |
| Kopernik International Fund | 0.51 | 0.48 | 0.60 | 81 | Foreign Large Cap Equities | BNUEX vs KGIIX | |
| PACE International Emerging Markets Equity Investm... | 0.53 | 0.62 | 0.71 | 92 | Emerging Markets Diversified | BNUEX vs PCEMX |
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