Looking to diversify beyond JGASX? The mutual funds below have the lowest correlation with JGASX — 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 JGASX.
Best Diversifiers for JGASX
1 mutual funds have low correlation with JGASX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.20, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.20 | 0.18 | 0.27 | 80 | Multisector Bonds | JGASX vs JMSIX | |
| Franklin Income Fund Advisor Class | 0.35 | 0.38 | 0.53 | 92 | Diversified Portfolio | JGASX vs FRIAX | |
| Emerald Insights Fund | 0.39 | 0.80 | 0.88 | 99 | Large Cap Growth Equities | JGASX vs EFCNX | |
| JPMorgan Equity Income Fund R6 | 0.45 | 0.48 | 0.62 | 65 | Large Cap Value Equities, Dividend | JGASX vs OIEJX | |
| American Funds The Income Fund of America® Class F... | 0.50 | 0.56 | 0.65 | 54 | Diversified Portfolio | JGASX vs AMEFX |
See all 21 diversifiers for JGASX
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