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
2 mutual funds have low correlation with JETSX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.19, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.19 | 0.33 | 0.51 | 58 | Energy Equities | JETSX vs JEEIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.29 | 0.20 | 0.15 | 70 | Large Cap Blend Equities | JETSX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.49 | 0.38 | 0.43 | 68 | Large Cap Blend Equities | JETSX vs ORDNX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.51 | — | — | 82 | Long-Short | JETSX vs JAKRX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.54 | — | — | 83 | Long-Short | JETSX vs JAKVX |
See all 48 diversifiers for JETSX
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