Looking to diversify beyond BRUFX? The mutual funds below have the lowest correlation with BRUFX — 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 BRUFX.
Best Diversifiers for BRUFX
6 mutual funds have low correlation with BRUFX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.05, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.05 | 0.10 | 0.36 | 67 | Diversified Portfolio | BRUFX vs MHELX | |
| SEI Institutional Managed Trust Multi-Asset Inflat... | 0.14 | 0.24 | 0.26 | 60 | Diversified Portfolio | BRUFX vs SIFAX | |
| Federated Hermes Capital Income Fund | 0.21 | 0.41 | 0.58 | 81 | Diversified Portfolio | BRUFX vs CAPAX | |
| Virtus Diversified Income & Convertible Fund | 0.21 | 0.32 | 0.40 | 73 | Diversified Portfolio | BRUFX vs ACV | |
| Standpoint Multi-Asset Fund Institutional | 0.27 | 0.31 | 0.35 | 80 | Diversified Portfolio | BRUFX vs BLNDX |
See all 271 diversifiers for BRUFX
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