Looking to diversify beyond BSCFX? The mutual funds below have the lowest correlation with BSCFX — 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 BSCFX.
Best Diversifiers for BSCFX
2 mutual funds have low correlation with BSCFX (below 0.3), 1 of which are negatively correlated. The least correlated is MFS Commodity Strategy Fund (MCSFX) (Commodities) with a 1Y correlation of -0.03, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Commodity Strategy Fund | -0.03 | 0.08 | 0.12 | 77 | Commodities | BSCFX vs MCSFX | |
| Lord Abbett Short Duration Income Fund | 0.17 | 0.13 | 0.14 | 69 | Short-Term Bond | BSCFX vs LALDX | |
| Baron Emerging Markets Fund | 0.47 | 0.55 | 0.59 | 57 | Emerging Markets Diversified | BSCFX vs BEXIX | |
| Invesco Developing Markets Fund | 0.48 | 0.55 | 0.60 | 82 | Emerging Markets Diversified | BSCFX vs ODMAX | |
| American Funds New World Fund | 0.54 | 0.65 | 0.74 | 65 | Emerging Markets Equities | BSCFX vs NFFFX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BSCFX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BSCFX and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.28, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.28 | 0.40 | 0.56 | 82 | Technology | |
| Apple Inc | 0.31 | 0.36 | 0.51 | 90 | Technology |
Build a portfolio that complements BSCFX
Add BSCFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BSCFX