Looking to diversify beyond BXMIX? The mutual funds below have the lowest correlation with BXMIX — 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 BXMIX.
Best Diversifiers for BXMIX
13 mutual funds have low correlation with BXMIX (below 0.3), 1 of which are negatively correlated. The least correlated is GMO Alternative Allocation Fund (GAAVX) (Multistrategy) with a 1Y correlation of -0.10, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Alternative Allocation Fund | -0.10 | 0.05 | 0.10 | 66 | Multistrategy | BXMIX vs GAAVX | |
| AQR Diversified Arbitrage Fund Class N | 0.06 | 0.17 | 0.33 | 99 | Multistrategy | BXMIX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 0.07 | 0.20 | 0.36 | 99 | Multistrategy | BXMIX vs ADAIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | 0.07 | 0.06 | 0.06 | 100 | Multistrategy | BXMIX vs SRRIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 0.07 | 0.03 | 0.04 | 98 | Multistrategy | BXMIX vs SHRIX |
See all 34 diversifiers for BXMIX
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