Looking to diversify beyond BRWJX? The mutual funds below have the lowest correlation with BRWJX — 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 BRWJX.
Best Diversifiers for BRWJX
0 mutual funds have low correlation with BRWJX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.54, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.54 | 0.62 | 0.71 | 72 | Large Cap Growth Equities | BRWJX vs BPTRX | |
| ICON Equity Fund | 0.58 | 0.58 | 0.70 | 84 | Large Cap Growth Equities | BRWJX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.63 | 0.71 | 0.76 | 80 | Large Cap Growth Equities | BRWJX vs DNVYX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.66 | 0.63 | 0.69 | 61 | Foreign Large Cap Equities | BRWJX vs VTMGX | |
| Adams Diversified Equity Fund, Inc. | 0.74 | 0.80 | 0.87 | 67 | Large Cap Blend Equities | BRWJX vs ADX |
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