Looking to diversify beyond JESGX? The mutual funds below have the lowest correlation with JESGX — 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 JESGX.
Best Diversifiers for JESGX
0 mutual funds have low correlation with JESGX (below 0.3), 0 of which are negatively correlated. The least correlated is John Hancock Funds Alternative Asset Allocation Fund (JAAAX) (Multistrategy) with a 1Y correlation of 0.41, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| John Hancock Funds Alternative Asset Allocation Fu... | 0.41 | 0.61 | 0.68 | 95 | Multistrategy | JESGX vs JAAAX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | 0.65 | 0.70 | 0.78 | 73 | Large Cap Blend Equities | JESGX vs JFIVX | |
| John Hancock Balanced Fund | 0.65 | 0.70 | 0.76 | 91 | Diversified Portfolio | JESGX vs SVBAX | |
| John Hancock Funds Disciplined Value Fund | 0.66 | 0.72 | 0.76 | 84 | Large Cap Value Equities | JESGX vs JVLIX | |
| Oberweis Micro Cap Fund | 0.69 | 0.79 | 0.85 | 90 | Small Cap Growth Equities | JESGX vs OBMCX |
See all 13 diversifiers for JESGX
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