Looking to diversify beyond JETSX? The mutual funds below have the lowest correlation with JETSX — 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 JETSX.
Best Diversifiers for JETSX
1 mutual funds have low correlation with JETSX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.22, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.22 | 0.18 | 0.15 | 73 | Large Cap Blend Equities | JETSX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.44 | 0.36 | 0.43 | 72 | Large Cap Blend Equities | JETSX vs ORDNX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.49 | — | — | 94 | Long-Short | JETSX vs JAKRX | |
| Rock Oak Core Growth Fund | 0.54 | 0.66 | 0.79 | 56 | Large Cap Blend Equities | JETSX vs RCKSX | |
| First Eagle Overseas Fund Class I | 0.57 | 0.58 | 0.65 | 57 | Large Cap Blend Equities, Foreign Large Cap Equities | JETSX vs SGOIX |
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