Looking to diversify beyond JDIEX? The mutual funds below have the lowest correlation with JDIEX — 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 JDIEX.
Best Diversifiers for JDIEX
8 mutual funds have low correlation with JDIEX (below 0.3), 0 of which are negatively correlated. The least correlated is Symmetry Panoramic Alternatives Fund (SPATX) (Multistrategy) with a 1Y correlation of 0.04, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Symmetry Panoramic Alternatives Fund | 0.04 | 0.02 | -0.03 | 97 | Multistrategy | JDIEX vs SPATX | |
| Pioneer ILS Interval Fund | 0.05 | 0.01 | 0.01 | 100 | High Yield Bonds | JDIEX vs XILSX | |
| Easterly Income Opportunities Fund | 0.05 | 0.01 | 0.02 | 80 | Multisector Bonds | JDIEX vs JSVIX | |
| Cliffwater Corporate Lending Fund | 0.11 | 0.11 | 0.08 | 100 | High Yield Bonds | JDIEX vs CCLFX | |
| Princeton Premium Fund | 0.17 | 0.15 | 0.15 | 100 | Options Trading | JDIEX vs PPFIX |
See all 41 diversifiers for JDIEX
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