Looking to diversify beyond JAKVX? The mutual funds below have the lowest correlation with JAKVX — 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 JAKVX.
Best Diversifiers for JAKVX
10 mutual funds have low correlation with JAKVX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Market Neutral Fund Institutional Shares | -0.10 | — | — | 85 | Long-Short | JAKVX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | -0.09 | — | — | 85 | Long-Short | JAKVX vs VMNFX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | 0.05 | — | — | 100 | Multistrategy | JAKVX vs SRRIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 0.10 | — | — | 98 | Multistrategy | JAKVX vs SHRIX | |
| Knights of Columbus Long/Short Equity Fund | 0.10 | — | — | 60 | Long-Short | JAKVX vs KCEIX |
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