Looking to diversify beyond JHTFX? The mutual funds below have historically moved differently from JHTFX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JHTFX
9 mutual funds have low correlation with JHTFX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| John Hancock Disciplined Value Global Long/Short F... | 0.19 | — | — | 94 | Long-Short | JHTFX vs JAKRX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.20 | — | — | 94 | Long-Short | JHTFX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.20 | 0.18 | 0.16 | 96 | Multistrategy | JHTFX vs JAAAX | |
| John Hancock Funds Disciplined Value Fund | 0.22 | 0.14 | 0.08 | 86 | Large Cap Value Equities | JHTFX vs JVLIX | |
| John Hancock Variable Insurance Trust Mid Cap Inde... | 0.22 | 0.16 | 0.12 | 69 | Mid Cap Blend Equities | JHTFX vs JECIX |
See all 37 diversifiers for JHTFX
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