Looking to diversify beyond JFNAX? The mutual funds below have the lowest correlation with JFNAX — 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 JFNAX.
Best Diversifiers for JFNAX
4 mutual funds have low correlation with JFNAX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) (Technology Equities) with a 1Y correlation of 0.17, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson VIT Global Technology and Innovati... | 0.17 | 0.35 | 0.50 | 73 | Technology Equities | JFNAX vs JGLTX | |
| Janus Henderson Global Technology and Innovation F... | 0.17 | 0.35 | 0.50 | 72 | Technology Equities | JFNAX vs JATIX | |
| Janus Henderson Global Technology and Innovation F... | 0.17 | 0.35 | 0.50 | 72 | Technology Equities | JFNAX vs JNGTX | |
| Janus Global Technology and Innovation Fund | 0.17 | 0.35 | 0.50 | 72 | Technology Equities | JFNAX vs JAGTX | |
| Vanguard 500 Index Fund Admiral Shares | 0.43 | 0.54 | 0.64 | 66 | S&P 500, Large Cap Blend Equities | JFNAX vs VFIAX |
See all 19 diversifiers for JFNAX
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