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BlackRock China A Opportunities Fund (CHILX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 17, 2026

Normally, the fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in equity securities of issuers domiciled in the China (for the purpose of this prospectus, excluding Hong Kong, Macau and Taiwan) and listed in China (i.e., A-shares), and derivatives that have similar economic characteristics to such securities. The Advisor primarily intends to invest in equity securities or other financial instruments that are components of, or have characteristics similar to, the securities included in the MSCI China A Onshore Index.

Looking to diversify beyond CHILX? The mutual funds below have the lowest correlation with CHILX — 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 CHILX.

Best Diversifiers for CHILX

1 mutual funds have low correlation with CHILX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.18, up from 0.04 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BDMIX
BlackRock Global Equity Market Neutral Fund Class ...0.180.070.04
96
Equity Market NeutralCHILX vs BDMIX
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y0.370.170.06
55
Systematic TrendCHILX vs ASFYX
WFSPX
iShares S&P 500 Index Fund Class K0.420.280.32
68
S&P 500CHILX vs WFSPX
VTCLX
Vanguard Tax-Managed Capital Appreciation Fund Adm...0.430.280.33
68
Large Cap Blend EquitiesCHILX vs VTCLX
NASDX
Shelton Capital Management Nasdaq-100 Index Fund D...0.440.290.33
53
Large Cap Growth EquitiesCHILX vs NASDX
See all 35 diversifiers for CHILX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from CHILX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CHILX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.01, down from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BRK-B
Berkshire Hathaway Inc.0.010.060.14
53
Financial Services

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