Looking to diversify beyond JAGTX? The mutual funds below have historically moved differently from JAGTX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JAGTX
7 mutual funds have low correlation with JAGTX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson Short Duration Flexible Bond Fund (JNSTX) (Short-Term Bond) with a 1Y correlation of 0.07, roughly unchanged from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson Short Duration Flexible Bond Fund | 0.07 | 0.03 | 0.09 | 82 | Short-Term Bond | JAGTX vs JNSTX | |
| Janus Henderson Global Life Sciences Fund | 0.10 | 0.30 | 0.47 | 92 | Health & Biotech Equities | JAGTX vs JNGLX | |
| Janus Henderson Global Life Sciences Fund Class A | 0.10 | 0.30 | 0.47 | 91 | Health & Biotech Equities | JAGTX vs JFNAX | |
| Janus Henderson Global Life Sciences Fund Class T | 0.11 | 0.31 | 0.48 | 91 | Health & Biotech Equities | JAGTX vs JAGLX | |
| Janus Henderson Global Real Estate Fund | 0.11 | 0.29 | 0.45 | 55 | REIT | JAGTX vs JERIX |
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