Looking to diversify beyond JDDVX? The mutual funds below have the lowest correlation with JDDVX — 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 JDDVX.
Best Diversifiers for JDDVX
0 mutual funds have low correlation with JDDVX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund Class A (SVAAX) (Dividend) with a 1Y correlation of 0.42, down from 0.55 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund Cla... | 0.42 | 0.55 | — | 86 | Dividend | JDDVX vs SVAAX | |
| Janus Henderson Global Life Sciences Fund | 0.48 | 0.58 | — | 85 | Health & Biotech Equities | JDDVX vs JNGLX | |
| EuroPac International Dividend Income Fund Class A | 0.51 | 0.44 | — | 76 | Foreign Large Cap Equities, Dividend | JDDVX vs EPDPX | |
| Pioneer Multi-Asset Income Fund A | 0.57 | 0.57 | — | 83 | Diversified Portfolio, Dividend | JDDVX vs PMAIX | |
| Janus Henderson International Dividend Fund Class ... | 0.67 | 0.64 | — | 55 | Global Equity Income | JDDVX vs HDDVX |
See all 20 diversifiers for JDDVX
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