Looking to diversify beyond JEQIX? The mutual funds below have the lowest correlation with JEQIX — 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 JEQIX.
Best Diversifiers for JEQIX
1 mutual funds have low correlation with JEQIX (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 0.16, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Johnson Municipal Income Fund | 0.16 | 0.16 | 0.13 | 59 | Municipal Bonds | JEQIX vs JMUNX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.35 | 0.14 | 0.13 | 72 | Large Cap Blend Equities | JEQIX vs SVPFX | |
| Johnson Institutional Short Duration Bond Fund | 0.36 | 0.20 | 0.18 | 72 | Short-Term Bond | JEQIX vs JIBDX | |
| North Square Preferred and Income Securities Fund | 0.41 | 0.33 | 0.41 | 69 | Large Cap Blend Equities | JEQIX vs ORDNX | |
| Fidelity Leveraged Company Stock Fund Class K | 0.56 | 0.65 | 0.77 | 59 | Large Cap Blend Equities | JEQIX vs FLCKX |
See all 37 diversifiers for JEQIX
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