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
1 mutual funds have low correlation with JESGX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.14, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.14 | 0.32 | 0.47 | 58 | Energy Equities | JESGX vs JEEIX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.39 | — | — | 83 | Long-Short | JESGX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.42 | 0.60 | 0.68 | 94 | Multistrategy | JESGX vs JAAAX | |
| John Hancock International Dynamic Growth Fund | 0.60 | 0.63 | 0.69 | 54 | Foreign Large Cap Equities | JESGX vs JIJIX | |
| John Hancock Balanced Fund | 0.67 | 0.70 | 0.76 | 88 | Diversified Portfolio | JESGX vs SVBAX |
See all 20 diversifiers for JESGX
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