Looking to diversify beyond JENHX? The mutual funds below have the lowest correlation with JENHX — 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 JENHX.
Best Diversifiers for JENHX
1 mutual funds have low correlation with JENHX (below 0.3), 0 of which are negatively correlated. The least correlated is Johnson Municipal Income Fund (JMUNX) (Municipal Bonds) with a 1Y correlation of 0.19, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Johnson Municipal Income Fund | 0.19 | 0.19 | 0.17 | 59 | Municipal Bonds | JENHX vs JMUNX | |
| Johnson Institutional Short Duration Bond Fund | 0.38 | 0.27 | 0.25 | 72 | Short-Term Bond | JENHX vs JIBDX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.38 | 0.23 | 0.21 | 72 | Large Cap Blend Equities | JENHX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.53 | 0.39 | 0.44 | 69 | Large Cap Blend Equities | JENHX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.61 | 0.71 | 0.80 | 62 | Large Cap Blend Equities | JENHX vs RCKSX |
See all 37 diversifiers for JENHX
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