Looking to diversify beyond BRKIX? The mutual funds below have the lowest correlation with BRKIX — 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 BRKIX.
Best Diversifiers for BRKIX
2 mutual funds have low correlation with BRKIX (below 0.3), 0 of which are negatively correlated. The least correlated is MFS Value Fund (MEIKX) (Large Cap Value Equities) with a 1Y correlation of 0.26, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Value Fund | 0.26 | 0.33 | 0.42 | 53 | Large Cap Value Equities | BRKIX vs MEIKX | |
| MFS Value Fund Class I | 0.26 | 0.33 | 0.42 | 52 | Large Cap Value Equities | BRKIX vs MEIIX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.47 | 0.62 | 0.70 | 81 | Emerging Markets Diversified | BRKIX vs ESCIX | |
| Delaware Emerging Markets Fund | 0.77 | 0.80 | 0.85 | 95 | Emerging Markets Diversified | BRKIX vs DEMIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.80 | 0.84 | 0.86 | 84 | Emerging Markets Diversified | BRKIX vs EMPTX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BRKIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BRKIX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.14, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.14 | 0.09 | 0.23 | 53 | Financial Services |
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