Looking to diversify beyond JACAX? The mutual funds below have the lowest correlation with JACAX — 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 JACAX.
Best Diversifiers for JACAX
0 mutual funds have low correlation with JACAX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.48, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.48 | 0.58 | 0.67 | 72 | Large Cap Growth Equities | JACAX vs BPTRX | |
| ICON Equity Fund | 0.54 | 0.58 | 0.70 | 84 | Large Cap Growth Equities | JACAX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.62 | 0.64 | 0.70 | 61 | Foreign Large Cap Equities | JACAX vs VTMGX | |
| Adams Diversified Equity Fund, Inc. | 0.71 | 0.79 | 0.85 | 67 | Large Cap Blend Equities | JACAX vs ADX | |
| Vanguard PRIMECAP Fund Investor Shares | 0.72 | 0.81 | 0.86 | 94 | Large Cap Growth Equities | JACAX vs VPMCX |
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