Looking to diversify beyond BRLVX? The mutual funds below have the lowest correlation with BRLVX — 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 BRLVX.
Best Diversifiers for BRLVX
2 mutual funds have low correlation with BRLVX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Equity Income Fund (LEIFX) (Large Cap Value Equities) with a 1Y correlation of 0.18, down from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.18 | 0.56 | 0.76 | 65 | Large Cap Value Equities | BRLVX vs LEIFX | |
| American Beacon Frontier Markets Income Fund | 0.29 | 0.25 | 0.27 | 98 | Emerging Markets Bonds | BRLVX vs AGEPX | |
| American Beacon AHL Managed Futures Strategy Fund | 0.40 | 0.21 | 0.10 | 88 | Systematic Trend | BRLVX vs AHLPX | |
| Federated Hermes Strategic Value Dividend Fund | 0.41 | 0.55 | 0.68 | 78 | Large Cap Value Equities | BRLVX vs SVAIX | |
| American Beacon SiM High Yld Opps Fund | 0.51 | 0.45 | 0.46 | 96 | High Yield Bonds | BRLVX vs SHYPX |
See all 40 diversifiers for BRLVX
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