Looking to diversify beyond JACSX? The mutual funds below have the lowest correlation with JACSX — 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 JACSX.
Best Diversifiers for JACSX
1 mutual funds have low correlation with JACSX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.28, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.28 | 0.30 | 0.35 | 80 | Multisector Bonds | JACSX vs JMSIX | |
| JPMorgan Equity Income Fund R6 | 0.72 | 0.74 | 0.81 | 65 | Large Cap Value Equities, Dividend | JACSX vs OIEJX | |
| Dimensional Retirement Income Fund | 0.74 | 0.77 | 0.74 | 83 | Target Retirement Date | JACSX vs TDIFX | |
| Fidelity Freedom Income Fund | 0.80 | 0.73 | 0.70 | 76 | Target Retirement Date | JACSX vs FFFAX | |
| Fidelity Freedom Income Fund Class K | 0.80 | 0.73 | 0.70 | 75 | Target Retirement Date | JACSX vs FNSHX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JACSX
Add JACSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JACSX