Looking to diversify beyond BRAMX? The mutual funds below have the lowest correlation with BRAMX — 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 BRAMX.
Best Diversifiers for BRAMX
10 mutual funds have low correlation with BRAMX (below 0.3), 2 of which are negatively correlated. The least correlated is AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) (Systematic Trend) with a 1Y correlation of -0.04, up from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AlphaSimplex Managed Futures Strategy Fund Class Y | -0.04 | -0.16 | -0.34 | 58 | Systematic Trend | BRAMX vs ASFYX | |
| BlackRock Global Equity Market Neutral Fund Class ... | -0.04 | 0.00 | -0.00 | 96 | Equity Market Neutral | BRAMX vs BDMIX | |
| DFA Two-Year Fixed Income Portfolio | 0.10 | 0.03 | 0.33 | 100 | Short-Term Bond | BRAMX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.14 | 0.12 | 0.19 | 80 | Short-Term Bond | BRAMX vs LCCMX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.22 | 0.16 | 0.16 | 57 | Large Cap Growth Equities | BRAMX vs NASDX |
See all 26 diversifiers for BRAMX
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