Looking to diversify beyond JCMAX? The mutual funds below have the lowest correlation with JCMAX — 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 JCMAX.
Best Diversifiers for JCMAX
1 mutual funds have low correlation with JCMAX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.26, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.26 | 0.24 | 0.29 | 80 | Multisector Bonds | JCMAX vs JMSIX | |
| JPMorgan Emerging Markets Equity Fund Class I | 0.52 | 0.58 | 0.63 | 92 | Emerging Markets Equities | JCMAX vs JEMSX | |
| Victory Trivalent International Small-Cap Fund Cla... | 0.66 | 0.69 | 0.75 | 53 | Mid Cap Blend Equities, Foreign Small & Mid Cap Equities | JCMAX vs MISIX | |
| Tarkio Fund | 0.71 | 0.78 | 0.85 | 62 | Mid Cap Blend Equities | JCMAX vs TARKX | |
| 13D Activist Fund | 0.75 | 0.82 | 0.86 | 65 | Mid Cap Blend Equities | JCMAX vs DDDIX |
See all 18 diversifiers for JCMAX
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