Looking to diversify beyond JANFX? The mutual funds below have the lowest correlation with JANFX — 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 JANFX.
Best Diversifiers for JANFX
5 mutual funds have low correlation with JANFX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) (Technology Equities) with a 1Y correlation of 0.15, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson VIT Global Technology and Innovati... | 0.15 | 0.13 | 0.12 | 75 | Technology Equities | JANFX vs JGLTX | |
| Janus Henderson Global Technology and Innovation F... | 0.15 | 0.13 | 0.13 | 75 | Technology Equities | JANFX vs JATIX | |
| Janus Global Technology and Innovation Fund | 0.15 | 0.13 | 0.13 | 75 | Technology Equities | JANFX vs JAGTX | |
| Janus Henderson Global Technology and Innovation F... | 0.16 | 0.14 | 0.13 | 75 | Technology Equities | JANFX vs JNGTX | |
| Fidelity Blue Chip Growth Fund | 0.22 | 0.14 | 0.12 | 68 | Large Cap Growth Equities | JANFX vs FBGRX |
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