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Looking to diversify beyond BRWIX? The mutual funds below have the lowest correlation with BRWIX — 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 BRWIX.

Best Diversifiers for BRWIX

2 mutual funds have low correlation with BRWIX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG GW&K Municipal Enhanced Yield Fund (GWMEX) (High Yield Muni) with a 1Y correlation of 0.24, roughly unchanged from 0.19 over 5 years.


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Diversification Analysis

Build a portfolio that complements BRWIX

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