Looking to diversify beyond JDIAX? The mutual funds below have the lowest correlation with JDIAX — 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 JDIAX.
Best Diversifiers for JDIAX
0 mutual funds have low correlation with JDIAX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.59, roughly unchanged from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.59 | 0.50 | 0.63 | 81 | Foreign Large Cap Equities | JDIAX vs KGIIX | |
| Janus Henderson VIT Global Technology and Innovati... | 0.60 | 0.60 | 0.64 | 80 | Technology Equities | JDIAX vs JGLTX | |
| Janus Henderson Global Technology and Innovation F... | 0.60 | 0.61 | 0.64 | 79 | Technology Equities | JDIAX vs JATIX | |
| Janus Global Technology and Innovation Fund | 0.60 | 0.61 | 0.64 | 79 | Technology Equities | JDIAX vs JAGTX | |
| Janus Henderson Global Technology and Innovation F... | 0.60 | 0.61 | 0.64 | 79 | Technology Equities | JDIAX vs JNGTX |
See all 18 diversifiers for JDIAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JDIAX
Add JDIAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JDIAX