Looking to diversify beyond BUFMX? The mutual funds below have the lowest correlation with BUFMX — 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 BUFMX.
Best Diversifiers for BUFMX
1 mutual funds have low correlation with BUFMX (below 0.3), 0 of which are negatively correlated. The least correlated is Buffalo Flexible Income Fund (BUFBX) (Large Cap Value Equities) with a 1Y correlation of 0.27, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Buffalo Flexible Income Fund | 0.27 | 0.51 | 0.60 | 55 | Large Cap Value Equities | BUFMX vs BUFBX | |
| Buffalo High Yield Fund | 0.53 | 0.54 | 0.56 | 52 | High Yield Bonds | BUFMX vs BUFHX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.67 | 0.76 | 0.79 | 81 | Mid Cap Value Equities | BUFMX vs VMVAX | |
| Needham Growth Fund Institutional Class | 0.69 | 0.72 | 0.80 | 82 | Mid Cap Growth Equities | BUFMX vs NEEIX | |
| Needham Growth Fund | 0.70 | 0.72 | 0.80 | 82 | Mid Cap Growth Equities | BUFMX vs NEEGX |
See all 12 diversifiers for BUFMX
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