Looking to diversify beyond BRXAX? The mutual funds below have the lowest correlation with BRXAX — 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 BRXAX.
Best Diversifiers for BRXAX
0 mutual funds have low correlation with BRXAX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.66, roughly unchanged from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.66 | 0.58 | 0.68 | 54 | Foreign Large Cap Equities | BRXAX vs KGIIX | |
| Northern Income Equity Fund | 0.68 | 0.70 | 0.73 | 77 | Large Cap Value Equities | BRXAX vs NOIEX | |
| Fidelity Blue Chip Growth Fund | 0.69 | 0.64 | 0.69 | 73 | Large Cap Growth Equities | BRXAX vs FBGRX | |
| EuroPac International Dividend Income Fund | 0.72 | 0.72 | 0.76 | 75 | Foreign Large Cap Equities | BRXAX vs EPDIX | |
| EuroPac International Dividend Income Fund Class A | 0.72 | 0.72 | 0.76 | 74 | Foreign Large Cap Equities, Dividend | BRXAX vs EPDPX |
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