PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Baillie Gifford International Concentrated Growth Equities Fund (BTLSX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The fund invests in an international portfolio of common stocks and other equity securities of issuers located in countries of developed and emerging markets. It may invest up to 20% of its net assets in common stocks and other equities of companies located in the U.S. The fund may invest in equity securities either directly or indirectly, such as through depositary receipts, and may invest in preferred stocks, convertible securities and warrants. It is non-diversified.

Looking to diversify beyond BTLSX? The mutual funds below have the lowest correlation with BTLSX — 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 BTLSX.

Best Diversifiers for BTLSX

1 mutual funds have low correlation with BTLSX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.22, down from 0.42 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
IVFIX
Federated Hermes International Strategic Value Div...0.220.340.42
63
Foreign Large Cap EquitiesBTLSX vs IVFIX
PTSIX
PIMCO RAE PLUS International Fund0.350.390.42
83
Foreign Large Cap EquitiesBTLSX vs PTSIX
SAHMX
SA International Value Fund0.380.410.47
89
Foreign Large Cap EquitiesBTLSX vs SAHMX
EPDPX
EuroPac International Dividend Income Fund Class A0.390.420.45
75
Foreign Large Cap Equities, DividendBTLSX vs EPDPX
EPDIX
EuroPac International Dividend Income Fund0.390.430.46
76
Foreign Large Cap EquitiesBTLSX vs EPDIX
See all 17 diversifiers for BTLSX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements BTLSX

Add BTLSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with BTLSX