Looking to diversify beyond JESVX? The mutual funds below have the lowest correlation with JESVX — 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 JESVX.
Best Diversifiers for JESVX
1 mutual funds have low correlation with JESVX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.16, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.16 | 0.37 | 0.52 | 58 | Energy Equities | JESVX vs JEEIX | |
| Aegis Value Fund | 0.31 | 0.42 | 0.51 | 89 | Small Cap Value Equities | JESVX vs AVALX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.36 | — | — | 82 | Long-Short | JESVX vs JAKRX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.36 | — | — | 83 | Long-Short | JESVX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.45 | 0.55 | 0.66 | 94 | Multistrategy | JESVX vs JAAAX |
See all 36 diversifiers for JESVX
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