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Baron Small Cap Fund (BSCFX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The investment seeks capital appreciation through investments primarily in securities of small-sized growth companies. The fund invests 80% of its net assets in equity securities in the form of common stock of U.S. small-sized growth companies. BAMCO, Inc. ("BAMCO" or the "Adviser") defines small-sized companies as those, at the time of purchase, with market capitalizations up to the largest market cap stock in the Russell 2000 Growth Index at reconstitution, or companies with market capitalizations up to $2.5 billion, whichever is larger.

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

1 mutual funds have low correlation with BSCFX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Short Duration Income Fund (LALDX) (Short-Term Bond) with a 1Y correlation of 0.18, roughly unchanged from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LALDX
Lord Abbett Short Duration Income Fund0.180.150.14
61
Short-Term BondBSCFX vs LALDX
BEXIX
Baron Emerging Markets Fund0.480.550.59
52
Emerging Markets DiversifiedBSCFX vs BEXIX
ODMAX
Invesco Developing Markets Fund0.490.550.60
74
Emerging Markets DiversifiedBSCFX vs ODMAX
FDGRX
Fidelity Growth Company Fund0.550.660.77
72
Large Cap Growth EquitiesBSCFX vs FDGRX
NFFFX
American Funds New World Fund0.550.650.74
69
Emerging Markets EquitiesBSCFX vs NFFFX
See all 37 diversifiers for BSCFX

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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 Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.30, down from 0.50 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
AAPL
Apple Inc0.300.360.50
87
Technology
NVDA
NVIDIA Corporation0.300.410.56
72
Technology

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