Looking to diversify beyond BRWJX? The mutual funds below have historically moved differently from BRWJX, 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 BRWJX
0 mutual funds have low correlation with BRWJX (below 0.3), 0 of which are negatively correlated. The least correlated is MFS Value Fund (MEIKX) (Large Cap Value Equities) with a 1Y correlation of 0.30, down from 0.60 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Value Fund | 0.30 | 0.42 | 0.60 | 70 | Large Cap Value Equities | BRWJX vs MEIKX | |
| MFS Value Fund Class I | 0.30 | 0.42 | 0.60 | 69 | Large Cap Value Equities | BRWJX vs MEIIX | |
| MFS Value Fund | 0.30 | 0.42 | 0.60 | 67 | Large Cap Value Equities | BRWJX vs MEIAX | |
| MFS International Intrinsic Value Fund Class I | 0.61 | 0.60 | 0.68 | 51 | Large Cap Growth Equities, Foreign Large Cap Equities | BRWJX vs MINIX | |
| Davis New York Venture Fund Class Y | 0.61 | 0.69 | 0.76 | 90 | Large Cap Growth Equities | BRWJX vs DNVYX |
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