Looking to diversify beyond JHQTX? The mutual funds below have the lowest correlation with JHQTX — 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 JHQTX.
Best Diversifiers for JHQTX
2 mutual funds have low correlation with JHQTX (below 0.3), 0 of which are negatively correlated. The least correlated is Princeton Premium Fund (PPFIX) (Options Trading) with a 1Y correlation of 0.18, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Princeton Premium Fund | 0.18 | 0.16 | 0.18 | 100 | Options Trading | JHQTX vs PPFIX | |
| JPMorgan Income Fund | 0.19 | 0.16 | 0.25 | 78 | Multisector Bonds | JHQTX vs JMSIX | |
| Rational Tactical Return Fund | 0.49 | 0.36 | 0.25 | 52 | Options Trading | JHQTX vs HRSTX | |
| Calamos Market Neutral Income Fund Institutional C... | 0.57 | 0.63 | 0.77 | 98 | JHQTX vs CMNIX | ||
| JPMorgan Equity Income Fund R6 | 0.65 | 0.66 | 0.76 | 80 | Large Cap Value Equities, Dividend | JHQTX vs OIEJX |
See all 19 diversifiers for JHQTX
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