Looking to diversify beyond JGEFX? The mutual funds below have the lowest correlation with JGEFX — 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 JGEFX.
Best Diversifiers for JGEFX
0 mutual funds have low correlation with JGEFX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Global Technology Fund I Class (PGTIX) (Technology Equities) with a 1Y correlation of 0.49, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 0.49 | 0.57 | 0.61 | 87 | Technology Equities, Global Equities | JGEFX vs PGTIX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.57 | 0.57 | 0.65 | 51 | Global Equities | JGEFX vs CSUAX | |
| JHancock Infrastructure Fund | 0.58 | 0.61 | 0.69 | 56 | Energy Equities | JGEFX vs JEEIX | |
| Oberweis Global Opportunities Fund | 0.58 | 0.67 | 0.72 | 75 | Global Equities | JGEFX vs OBEGX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.62 | — | — | 81 | Long-Short | JGEFX vs JAKVX |
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