Looking to diversify beyond BUBSX? The mutual funds below have the lowest correlation with BUBSX — 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 BUBSX.
Best Diversifiers for BUBSX
65 mutual funds have low correlation with BUBSX (below 0.3), 1 of which are negatively correlated. The least correlated is Navigator Ultra Short Term Bond Fund (NUSIX) (Ultrashort Bond) with a 1Y correlation of -0.03, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | -0.03 | 0.04 | 0.13 | 100 | Ultrashort Bond | BUBSX vs NUSIX | |
| PIMCO Short Term Fund | 0.01 | -0.05 | -0.01 | 99 | Ultrashort Bond | BUBSX vs PTSHX | |
| DFA Two-Year Government Portfolio | 0.02 | 0.04 | 0.24 | 55 | Ultrashort Bond | BUBSX vs DFYGX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 0.02 | 0.06 | 0.04 | 98 | Ultrashort Bond | BUBSX vs TSDUX | |
| Northern Tax-Advantaged U-S Fixed Income | 0.03 | 0.13 | 0.16 | 90 | Ultrashort Bond | BUBSX vs NTAUX |
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