Looking to diversify beyond JESTX? The mutual funds below have the lowest correlation with JESTX — 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 JESTX.
Best Diversifiers for JESTX
0 mutual funds have low correlation with JESTX (below 0.3), 0 of which are negatively correlated. The least correlated is ARK Venture Fund (ARKVX) (Technology Equities) with a 1Y correlation of 0.39, down from 0.53 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ARK Venture Fund | 0.39 | 0.53 | — | 98 | Technology Equities | JESTX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.43 | 0.52 | 0.67 | 82 | Technology Equities | JESTX vs GTTIX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.45 | 0.57 | 0.65 | 95 | Multistrategy | JESTX vs JAAAX | |
| John Hancock Variable Insurance Trust Mid Cap Inde... | 0.45 | 0.57 | 0.67 | 63 | Mid Cap Blend Equities | JESTX vs JECIX | |
| John Hancock Funds Disciplined Value Fund | 0.53 | 0.55 | 0.61 | 84 | Large Cap Value Equities | JESTX vs JVLIX |
See all 25 diversifiers for JESTX
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