Looking to diversify beyond JANBX? The mutual funds below have the lowest correlation with JANBX — 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 JANBX.
Best Diversifiers for JANBX
8 mutual funds have low correlation with JANBX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.06, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.06 | 0.16 | 0.46 | 67 | Diversified Portfolio | JANBX vs MHELX | |
| Janus Henderson Short Duration Flexible Bond Fund | 0.17 | 0.20 | 0.22 | 71 | Short-Term Bond | JANBX vs JNSTX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.22 | 0.45 | 0.52 | 86 | Diversified Portfolio | JANBX vs FSIRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.23 | 0.45 | 0.52 | 88 | Diversified Portfolio | JANBX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.23 | 0.44 | 0.51 | 88 | Diversified Portfolio | JANBX vs FIQDX |
See all 62 diversifiers for JANBX
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