Looking to diversify beyond BPAVX? The mutual funds below have historically moved differently from BPAVX, 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 BPAVX
2 mutual funds have low correlation with BPAVX (below 0.3), 0 of which are negatively correlated. The least correlated is GQG Partners US Quality Dividend Income Fund (GQHPX) (Quality Factor) with a 1Y correlation of 0.14, down from 0.66 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GQG Partners US Quality Dividend Income Fund | 0.14 | 0.52 | 0.66 | 62 | Quality Factor, Large Cap Value Equities | BPAVX vs GQHPX | |
| Voya Corporate Leaders Trust Fund | 0.23 | 0.53 | 0.67 | 93 | Large Cap Value Equities | BPAVX vs LEXCX | |
| AMG Yacktman Focused Fund | 0.39 | 0.63 | 0.76 | 89 | Large Cap Value Equities | BPAVX vs YAFFX | |
| Federated Hermes Strategic Value Dividend Fund | 0.39 | 0.55 | 0.68 | 94 | Large Cap Value Equities | BPAVX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.47 | 0.70 | 0.79 | 87 | Large Cap Value Equities | BPAVX vs BUFBX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BPAVX
Add BPAVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BPAVX