Looking to diversify beyond BRLGX? The mutual funds below have the lowest correlation with BRLGX — 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 BRLGX.
Best Diversifiers for BRLGX
0 mutual funds have low correlation with BRLGX (below 0.3), 0 of which are negatively correlated. The least correlated is American Beacon Frontier Markets Income Fund (AGEPX) (Emerging Markets Bonds) with a 1Y correlation of 0.34, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon Frontier Markets Income Fund | 0.34 | 0.23 | 0.26 | 98 | Emerging Markets Bonds | BRLGX vs AGEPX | |
| American Beacon Developing World Income Fund Class... | 0.36 | 0.26 | 0.27 | 98 | Emerging Markets Bonds | BRLGX vs AGEYX | |
| American Beacon AHL Managed Futures Strategy Fund | 0.36 | 0.23 | 0.10 | 91 | Systematic Trend | BRLGX vs AHLPX | |
| American Beacon SiM High Yld Opps Fund | 0.51 | 0.41 | 0.44 | 96 | High Yield Bonds | BRLGX vs SHYPX | |
| Baron Partners Fund | 0.53 | 0.60 | 0.69 | 52 | Large Cap Growth Equities | BRLGX vs BPTRX |
See all 32 diversifiers for BRLGX
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