Looking to diversify beyond JEMWX? The mutual funds below have the lowest correlation with JEMWX — 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 JEMWX.
Best Diversifiers for JEMWX
1 mutual funds have low correlation with JEMWX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.16, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.16 | 0.17 | 0.24 | 86 | Multisector Bonds | JEMWX vs JMSIX | |
| JPMorgan Equity Income Fund R6 | 0.44 | 0.45 | 0.51 | 84 | Large Cap Value Equities, Dividend | JEMWX vs OIEJX | |
| Pzena Emerging Markets Value Fund Institutional Cl... | 0.47 | 0.57 | 0.61 | 52 | Emerging Markets Equities | JEMWX vs PZIEX | |
| Templeton Emerging Markets Fund | 0.73 | 0.75 | 0.79 | 88 | Emerging Markets Equities | JEMWX vs EMF | |
| William Blair Emerging Markets ex China Growth Fun... | 0.74 | 0.68 | — | 90 | Emerging Markets Equities | JEMWX vs WXCIX |
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