Looking to diversify beyond JDVWX? The mutual funds below have the lowest correlation with JDVWX — 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 JDVWX.
Best Diversifiers for JDVWX
0 mutual funds have low correlation with JDVWX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.30, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.30 | 0.56 | 0.70 | 53 | Large Cap Value Equities | JDVWX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.41 | 0.52 | 0.66 | 70 | Large Cap Value Equities | JDVWX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.53 | 0.71 | 0.81 | 71 | Large Cap Value Equities | JDVWX vs BUFBX | |
| Hennessy Cornerstone Value Fund | 0.55 | 0.71 | 0.81 | 89 | Large Cap Value Equities | JDVWX vs HFCVX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.56 | 0.52 | 0.52 | 94 | Long-Short | JDVWX vs JAKRX |
See all 24 diversifiers for JDVWX
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