Looking to diversify beyond JANRX? The mutual funds below have the lowest correlation with JANRX — 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 JANRX.
Best Diversifiers for JANRX
1 mutual funds have low correlation with JANRX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson Short Duration Flexible Bond Fund (JNSTX) (Short-Term Bond) with a 1Y correlation of 0.18, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson Short Duration Flexible Bond Fund | 0.18 | 0.14 | 0.14 | 82 | Short-Term Bond | JANRX vs JNSTX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.31 | 0.43 | 0.57 | 75 | Global Equities | JANRX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.34 | 0.48 | 0.64 | 69 | Global Equities | JANRX vs FGIAX | |
| Janus Henderson Absolute Return Income Opportuniti... | 0.38 | 0.26 | 0.27 | 94 | Nontraditional Bonds | JANRX vs JUCIX | |
| Janus Henderson Global Life Sciences Fund Class T | 0.40 | 0.53 | 0.62 | 91 | Health & Biotech Equities | JANRX vs JAGLX |
See all 57 diversifiers for JANRX
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