Looking to diversify beyond JEPAX? The mutual funds below have historically moved differently from JEPAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JEPAX
14 mutual funds have low correlation with JEPAX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Ultra-Short Municipal Fund (USMTX) (Municipal Bonds) with a 1Y correlation of 0.00, roughly unchanged from -0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Ultra-Short Municipal Fund | 0.00 | 0.01 | -0.01 | 98 | Municipal Bonds | JEPAX vs USMTX | |
| JPMorgan Ultra-Short Municipal Fund | 0.09 | 0.05 | 0.07 | 98 | Municipal Bonds | JEPAX vs USMSX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.15 | -0.06 | -0.10 | 99 | Total Bond Market | JEPAX vs JSOSX | |
| JPMorgan Tax Aware Real Return Fund | 0.19 | 0.16 | 0.19 | 65 | Municipal Bonds | JEPAX vs TXRIX | |
| JPMorgan Short Duration Bond Fund | 0.24 | 0.14 | 0.13 | 78 | Short-Term Bond | JEPAX vs HLLVX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JEPAX
Add JEPAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JEPAX