Looking to diversify beyond JEMDX? The mutual funds below have the lowest correlation with JEMDX — 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 JEMDX.
Best Diversifiers for JEMDX
2 mutual funds have low correlation with JEMDX (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.06 | — | — | 100 | Nontraditional Bonds | JEMDX vs CBYYX | |
| Virtus Stone Harbor Emerging Markets Income Fund | 0.25 | 0.28 | 0.33 | 63 | Emerging Markets Bonds | JEMDX vs EDF | |
| JPMorgan Equity Income Fund R6 | 0.37 | 0.29 | 0.30 | 77 | Large Cap Value Equities, Dividend | JEMDX vs OIEJX | |
| JPMorgan Income Fund | 0.44 | 0.58 | 0.61 | 81 | Multisector Bonds | JEMDX vs JMSIX | |
| MainStay MacKay High Yield Municipal Bond Fund | 0.47 | 0.53 | 0.47 | 76 | High Yield Muni | JEMDX vs MMHVX |
See all 24 diversifiers for JEMDX
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Diversification Analysis
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