Looking to diversify beyond JAENX? The mutual funds below have the lowest correlation with JAENX — 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 JAENX.
Best Diversifiers for JAENX
0 mutual funds have low correlation with JAENX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) (Technology Equities) with a 1Y correlation of 0.55, down from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson VIT Global Technology and Innovati... | 0.55 | 0.64 | 0.76 | 80 | Technology Equities | JAENX vs JGLTX | |
| Janus Henderson Global Technology and Innovation F... | 0.55 | 0.65 | 0.77 | 79 | Technology Equities | JAENX vs JATIX | |
| Janus Global Technology and Innovation Fund | 0.56 | 0.65 | 0.76 | 79 | Technology Equities | JAENX vs JAGTX | |
| Janus Henderson Global Technology and Innovation F... | 0.56 | 0.65 | 0.77 | 79 | Technology Equities | JAENX vs JNGTX | |
| Tanaka Growth Fund | 0.60 | 0.68 | 0.75 | 54 | Mid Cap Growth Equities | JAENX vs TGFRX |
See all 18 diversifiers for JAENX
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