Looking to diversify beyond BQMGX? The mutual funds below have historically moved differently from BQMGX, 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 BQMGX
0 mutual funds have low correlation with BQMGX (below 0.3), 0 of which are negatively correlated. The least correlated is Needham Growth Fund (NEEGX) (Mid Cap Growth Equities) with a 1Y correlation of 0.40, down from 0.70 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Needham Growth Fund | 0.40 | 0.58 | 0.70 | 56 | Mid Cap Growth Equities | BQMGX vs NEEGX | |
| Needham Growth Fund Institutional Class | 0.40 | 0.58 | 0.70 | 56 | Mid Cap Growth Equities | BQMGX vs NEEIX | |
| Timothy Plan Aggressive Growth Fund | 0.44 | 0.67 | 0.78 | 63 | Mid Cap Growth Equities | BQMGX vs TAAGX | |
| PRIMECAP Odyssey Aggressive Growth Fund | 0.45 | 0.63 | 0.74 | 75 | Mid Cap Growth Equities | BQMGX vs POAGX | |
| Vanguard Capital Opportunity Fund Investor Shares | 0.48 | 0.66 | 0.77 | 84 | Mid Cap Growth Equities | BQMGX vs VHCOX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BQMGX
Add BQMGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BQMGX