Looking to diversify beyond JCMAX? The mutual funds below have historically moved differently from JCMAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JCMAX
0 mutual funds have low correlation with JCMAX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund Class I (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.32, roughly unchanged from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund Class I | 0.32 | 0.25 | 0.29 | 87 | Multisector Bonds, Investment Grade Bonds, High Yield Bonds, Actively Managed | JCMAX vs JMSIX | |
| JPMorgan Emerging Markets Equity Fund Class I | 0.56 | 0.58 | 0.63 | 76 | Emerging Markets Equities | JCMAX vs JEMSX | |
| 13D Activist Fund | 0.70 | 0.80 | 0.85 | 78 | Mid Cap Blend Equities | JCMAX vs DDDIX | |
| Tarkio Fund | 0.70 | 0.77 | 0.84 | 65 | Mid Cap Blend Equities | JCMAX vs TARKX | |
| Hodges Fund | 0.74 | 0.81 | 0.86 | 59 | Mid Cap Blend Equities | JCMAX vs HDPMX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JCMAX
Add JCMAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JCMAX