Looking to diversify beyond JEMUX? The mutual funds below have the lowest correlation with JEMUX — 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 JEMUX.
Best Diversifiers for JEMUX
0 mutual funds have low correlation with JEMUX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.40, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.40 | 0.48 | 0.61 | 56 | Energy Equities | JEMUX vs JEEIX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.46 | 0.39 | 0.39 | 81 | Long-Short | JEMUX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.57 | 0.65 | 0.74 | 93 | Multistrategy | JEMUX vs JAAAX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | 0.59 | 0.65 | 0.74 | 65 | Large Cap Blend Equities | JEMUX vs JFIVX | |
| John Hancock Balanced Fund | 0.63 | 0.66 | 0.73 | 88 | Diversified Portfolio | JEMUX vs SVBAX |
See all 26 diversifiers for JEMUX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JEMUX
Add JEMUX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JEMUX