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 Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.27, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund | 0.27 | 0.41 | 0.51 | 94 | Small Cap Value Equities | JESVX vs AVALX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.33 | — | — | 94 | Long-Short | JESVX vs JAKRX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.42 | 0.54 | 0.66 | 95 | Multistrategy | JESVX vs JAAAX | |
| Third Avenue Small Cap Value Fund | 0.51 | 0.70 | 0.80 | 78 | Small Cap Value Equities | JESVX vs TASCX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | 0.51 | 0.57 | 0.69 | 73 | Large Cap Blend Equities | JESVX vs JFIVX |
See all 27 diversifiers for JESVX
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