Looking to diversify beyond JECIX? The mutual funds below have the lowest correlation with JECIX — 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 JECIX.
Best Diversifiers for JECIX
0 mutual funds have low correlation with JECIX (below 0.3), 0 of which are negatively correlated. The least correlated is John Hancock High Yield Fund (JHHBX) (High Yield Bonds) with a 1Y correlation of 0.33, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| John Hancock High Yield Fund | 0.33 | 0.38 | 0.42 | 52 | High Yield Bonds | JECIX vs JHHBX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.38 | — | — | 94 | Long-Short | JECIX vs JAKRX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.39 | — | — | 94 | Long-Short | JECIX vs JAKVX | |
| John Hancock Variable Insurance Trust Science & Te... | 0.45 | 0.57 | 0.67 | 92 | Technology Equities | JECIX vs JESTX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.48 | 0.63 | 0.72 | 95 | Multistrategy | JECIX vs JAAAX |
See all 29 diversifiers for JECIX
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