Looking to diversify beyond BSBAX? The mutual funds below have historically moved differently from BSBAX, 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 BSBAX
8 mutual funds have low correlation with BSBAX (below 0.3), 1 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of -0.01, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | -0.01 | 0.07 | 0.20 | 78 | Short-Term Bond | BSBAX vs LCCMX | |
| GuidePath Absolute Return Allocation Fund | 0.13 | 0.52 | 0.63 | 55 | Short-Term Bond | BSBAX vs GPARX | |
| DFA Short-Duration Real Return Portfolio | 0.24 | 0.23 | 0.40 | 98 | Short-Term Bond | BSBAX vs DFAIX | |
| DFA Two-Year Fixed Income Portfolio | 0.26 | 0.08 | 0.41 | 100 | Short-Term Bond | BSBAX vs DFCFX | |
| Holbrook Income Fund | 0.28 | 0.30 | 0.37 | 96 | Short-Term Bond | BSBAX vs HOBEX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements BSBAX
Add BSBAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BSBAX