Looking to diversify beyond JATIX? The mutual funds below have the lowest correlation with JATIX — 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 JATIX.
Best Diversifiers for JATIX
7 mutual funds have low correlation with JATIX (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 0.03, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson Short Duration Flexible Bond Fund | 0.03 | 0.04 | 0.09 | 71 | Short-Term Bond | JATIX vs JNSTX | |
| Janus Henderson Global Life Sciences Fund Class T | 0.17 | 0.35 | 0.50 | 59 | Health & Biotech Equities | JATIX vs JAGLX | |
| Janus Henderson Global Life Sciences Fund | 0.17 | 0.35 | 0.50 | 59 | Health & Biotech Equities | JATIX vs JNGLX | |
| Janus Henderson Global Life Sciences Fund Class A | 0.17 | 0.35 | 0.50 | 58 | Health & Biotech Equities | JATIX vs JFNAX | |
| Janus Henderson Absolute Return Income Opportuniti... | 0.24 | 0.16 | 0.20 | 92 | Nontraditional Bonds | JATIX vs JUCIX |
See all 59 diversifiers for JATIX
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