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
20 mutual funds have low correlation with BXMIX (below 0.3), 2 of which are negatively correlated. The least correlated is GMO Alternative Allocation Fund (GAAVX) (Multistrategy) with a 1Y correlation of -0.09, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Alternative Allocation Fund | -0.09 | 0.04 | 0.10 | 65 | Multistrategy | BXMIX vs GAAVX | |
| Stone Ridge Diversified Alternatives Fund | -0.08 | -0.10 | -0.04 | 93 | Multistrategy | BXMIX vs SRDAX | |
| GuideStone Funds Strategic Alternatives Fund | 0.00 | -0.06 | -0.09 | 86 | Multistrategy | BXMIX vs GFSYX | |
| AQR Style Premia Alternative R6 | 0.03 | -0.04 | -0.07 | 71 | Multistrategy | BXMIX vs QSPRX | |
| AQR Style Premia Alternative Fund | 0.05 | -0.04 | -0.06 | 70 | Multistrategy | BXMIX vs QSPIX |
See all 46 diversifiers for BXMIX
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