Looking to diversify beyond BVEFX? The mutual funds below have the lowest correlation with BVEFX — 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 BVEFX.
Best Diversifiers for BVEFX
0 mutual funds have low correlation with BVEFX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.47, down from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.47 | 0.61 | 0.72 | 78 | Large Cap Value Equities | BVEFX vs SVAIX | |
| Hennessy Cornerstone Value Fund | 0.61 | 0.76 | 0.82 | 81 | Large Cap Value Equities | BVEFX vs HFCVX | |
| Smead Value Fund | 0.61 | 0.74 | 0.81 | 62 | Large Cap Value Equities | BVEFX vs SMVLX | |
| Rational Equity Armor Fund | 0.63 | 0.65 | 0.73 | 55 | Large Cap Value Equities | BVEFX vs HDCTX | |
| Northern Income Equity Fund | 0.72 | 0.78 | 0.86 | 77 | Large Cap Value Equities | BVEFX vs NOIEX |
See all 31 diversifiers for BVEFX
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