Looking to diversify beyond JDEUX? The mutual funds below have the lowest correlation with JDEUX — 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 JDEUX.
Best Diversifiers for JDEUX
3 mutual funds have low correlation with JDEUX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.21, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.21 | 0.20 | 0.27 | 80 | Multisector Bonds | JDEUX vs JMSIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.26 | 0.12 | 0.11 | 73 | Large Cap Blend Equities | JDEUX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund | 0.30 | 0.62 | 0.79 | 56 | Large Cap Blend Equities | JDEUX vs QIACX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.30 | 0.62 | 0.79 | 56 | Large Cap Blend Equities | JDEUX vs QKACX | |
| North Square Preferred and Income Securities Fund | 0.47 | 0.34 | 0.42 | 72 | Large Cap Blend Equities | JDEUX vs ORDNX |
See all 44 diversifiers for JDEUX
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