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Looking to diversify beyond BRWIX? The mutual funds below have historically moved differently from BRWIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for BRWIX

3 mutual funds have low correlation with BRWIX (below 0.3), 0 of which are negatively correlated. The least correlated is Cromwell CenterSquare Real Estate Fund (MRESX) (REIT) with a 1Y correlation of 0.19, down from 0.55 over 5 years.

How candidates are selected

See all 31 diversifiers for BRWIX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for BRWIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.16, down from 0.21 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
The Coca-Cola Company-0.160.070.21
90
Consumer Defensive
Merck & Co., Inc.0.110.140.14
96
Healthcare
General Electric Company0.490.500.54
74
Industrials
GE Vernova Inc.0.510.510.51
76
Industrials

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