Looking to diversify beyond JHCIX? The mutual funds below have the lowest correlation with JHCIX — 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 JHCIX.
Best Diversifiers for JHCIX
1 mutual funds have low correlation with JHCIX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.16, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.16 | 0.16 | 0.31 | 63 | Diversified Portfolio | JHCIX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.31 | 0.49 | 0.50 | 95 | Diversified Portfolio | JHCIX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.31 | 0.48 | 0.51 | 96 | Diversified Portfolio | JHCIX vs FSIRX | |
| Fidelity Strategic Real Return Fund | 0.31 | 0.49 | 0.51 | 96 | Diversified Portfolio | JHCIX vs FSRRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.31 | 0.49 | 0.51 | 96 | Diversified Portfolio | JHCIX vs FIQDX |
See all 25 diversifiers for JHCIX
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