Looking to diversify beyond JAKVX? The mutual funds below have historically moved differently from JAKVX, 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 JAKVX
14 mutual funds have low correlation with JAKVX (below 0.3), 2 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Market Neutral Fund Investor Shares | -0.07 | — | — | 97 | Long-Short | JAKVX vs VMNFX | |
| Vanguard Market Neutral Fund Institutional Shares | -0.06 | — | — | 97 | Long-Short | JAKVX vs VMNIX | |
| Knights of Columbus Long/Short Equity Fund | 0.08 | — | — | 95 | Long-Short | JAKVX vs KCEIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | 0.08 | — | — | 100 | Multistrategy | JAKVX vs SRRIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 0.12 | — | — | 99 | Multistrategy | JAKVX vs SHRIX |
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