Looking to diversify beyond JAGTX? The mutual funds below have the lowest correlation with JAGTX — 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 JAGTX.
Best Diversifiers for JAGTX
8 mutual funds have low correlation with JAGTX (below 0.3), 1 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 -0.01, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson Short Duration Flexible Bond Fund | -0.01 | 0.04 | 0.09 | 66 | Short-Term Bond | JAGTX vs JNSTX | |
| Janus Henderson Global Life Sciences Fund Class A | 0.19 | 0.36 | 0.51 | 51 | Health & Biotech Equities | JAGTX vs JFNAX | |
| Janus Henderson Absolute Return Income Opportuniti... | 0.21 | 0.14 | 0.19 | 90 | Nontraditional Bonds | JAGTX vs JUCIX | |
| Janus Henderson Global Life Sciences Fund | 0.21 | 0.36 | 0.51 | 52 | Health & Biotech Equities | JAGTX vs JNGLX | |
| Janus Henderson Global Life Sciences Fund Class T | 0.21 | 0.37 | 0.51 | 52 | Health & Biotech Equities | JAGTX vs JAGLX |
See all 61 diversifiers for JAGTX
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