Looking to diversify beyond JAMVX? The mutual funds below have the lowest correlation with JAMVX — 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 JAMVX.
Best Diversifiers for JAMVX
0 mutual funds have low correlation with JAMVX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) (Technology Equities) with a 1Y correlation of 0.31, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson Global Technology and Innovation F... | 0.31 | 0.44 | 0.57 | 78 | Technology Equities | JAMVX vs JNGTX | |
| Janus Henderson VIT Global Technology and Innovati... | 0.32 | 0.45 | 0.57 | 79 | Technology Equities | JAMVX vs JGLTX | |
| Janus Henderson Global Technology and Innovation F... | 0.32 | 0.45 | 0.57 | 78 | Technology Equities | JAMVX vs JATIX | |
| Janus Global Technology and Innovation Fund | 0.32 | 0.44 | 0.57 | 78 | Technology Equities | JAMVX vs JAGTX | |
| Invesco Value Opportunities Fund Class Y | 0.77 | 0.83 | 0.88 | 81 | Mid Cap Value Equities | JAMVX vs VVOIX |
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