Looking to diversify beyond JHBSX? The mutual funds below have the lowest correlation with JHBSX — 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 JHBSX.
Best Diversifiers for JHBSX
2 mutual funds have low correlation with JHBSX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| John Hancock Disciplined Value Global Long/Short F... | 0.28 | — | — | 81 | Long-Short | JHBSX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.28 | 0.30 | 0.26 | 93 | Multistrategy | JHBSX vs JAAAX | |
| John Hancock Funds Disciplined Value Fund | 0.32 | 0.23 | 0.14 | 85 | Large Cap Value Equities | JHBSX vs JVLIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | 0.33 | 0.22 | 0.18 | 65 | Large Cap Blend Equities | JHBSX vs JFIVX | |
| John Hancock Balanced Fund | 0.44 | 0.40 | 0.36 | 88 | Diversified Portfolio | JHBSX vs SVBAX |
See all 13 diversifiers for JHBSX
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