Looking to diversify beyond BVALX? The mutual funds below have the lowest correlation with BVALX — 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 BVALX.
Best Diversifiers for BVALX
4 mutual funds have low correlation with BVALX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Equity Income Fund (LEIFX) (Large Cap Value Equities) with a 1Y correlation of 0.13, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.13 | 0.54 | 0.71 | 53 | Large Cap Value Equities | BVALX vs LEIFX | |
| Brown Advisory Tax Exempt Bond Fund | 0.17 | 0.16 | 0.10 | 75 | Municipal Bonds | BVALX vs BIAEX | |
| Brown Advisory Maryland Bond Fund | 0.17 | 0.15 | 0.13 | 71 | Municipal Bonds | BVALX vs BIAMX | |
| Brown Advisory Tax-Exempt Sustainable Bond Fund | 0.19 | 0.16 | 0.10 | 70 | Municipal Bonds | BVALX vs BITEX | |
| Voya Corporate Leaders Trust Fund | 0.34 | 0.55 | 0.65 | 53 | Large Cap Value Equities | BVALX vs LEXCX |
See all 35 diversifiers for BVALX
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