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BlackRock Inflation Protected Bond Fund (BPRIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 5, 2026

The investment seeks to maximize real return, consistent with preservation of real capital and prudent investment management. The fund invests at least 80% of its assets in inflation-indexed bonds of varying maturities issued by the U.S. and non-U.S. governments, their agencies or instrumentalities, and U.S. and non-U.S. corporations. It may invest up to 20% of its assets in non-investment grade bonds or securities of emerging market issuers. The fund maintains an average portfolio duration that is within ±20% of the duration of the Bloomberg Barclays U.S. Treasury Inflation Protected Securities Index (the benchmark).

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

Best Diversifiers for BPRIX

10 mutual funds have low correlation with BPRIX (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of -0.02, roughly unchanged from -0.01 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BDMIX
BlackRock Global Long/Short Equity Fund Class I-0.02-0.00-0.01
92
Long-ShortBPRIX vs BDMIX
SEIAX
SEI Multi-Asset Real Return Fund Class A0.110.280.31
82
Inflation-Protected BondsBPRIX vs SEIAX
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y0.13-0.12-0.23
69
Systematic TrendBPRIX vs ASFYX
NASDX
Shelton Capital Management Nasdaq-100 Index Fund D...0.200.150.14
71
Large Cap Growth EquitiesBPRIX vs NASDX
WFSPX
iShares S&P 500 Index Fund0.240.190.16
66
S&P 500BPRIX vs WFSPX
See all 24 diversifiers for BPRIX

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Diversification Analysis

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