Looking to diversify beyond BUBIX? The mutual funds below have the lowest correlation with BUBIX — 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 BUBIX.
Best Diversifiers for BUBIX
74 mutual funds have low correlation with BUBIX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA Two-Year Government Portfolio (DFYGX) (Ultrashort Bond) with a 1Y correlation of -0.04, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Government Portfolio | -0.04 | -0.01 | 0.13 | 55 | Ultrashort Bond | BUBIX vs DFYGX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 0.02 | 0.05 | 0.05 | 98 | Ultrashort Bond | BUBIX vs TSDUX | |
| PIMCO Short Term Fund | 0.03 | 0.04 | 0.07 | 99 | Ultrashort Bond | BUBIX vs PTSHX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 0.04 | 0.09 | 0.12 | 99 | Ultrashort Bond | BUBIX vs TRBUX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.04 | 0.09 | 0.11 | 99 | Ultrashort Bond | BUBIX vs ENIAX |
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