Looking to diversify beyond BTSMX? The mutual funds below have historically moved differently from BTSMX, 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 BTSMX
0 mutual funds have low correlation with BTSMX (below 0.3), 0 of which are negatively correlated. The least correlated is Tarkio Fund (TARKX) (Mid Cap Blend Equities) with a 1Y correlation of 0.51, down from 0.79 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Tarkio Fund | 0.51 | 0.69 | 0.79 | 53 | Mid Cap Blend Equities | BTSMX vs TARKX | |
| Hodges Fund | 0.53 | 0.66 | 0.75 | 56 | Mid Cap Blend Equities | BTSMX vs HDPMX | |
| The Texas Fund | 0.53 | 0.73 | 0.77 | 53 | Mid Cap Blend Equities | BTSMX vs BIGTX | |
| Fidelity 500 Index Fund | 0.54 | 0.67 | 0.78 | 59 | S&P 500 | BTSMX vs FXAIX | |
| Paradigm Select Fund | 0.54 | 0.70 | 0.79 | 91 | Mid Cap Blend Equities | BTSMX vs PFSLX |
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