Looking to diversify beyond JIBEX? The mutual funds below have the lowest correlation with JIBEX — 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 JIBEX.
Best Diversifiers for JIBEX
0 mutual funds have low correlation with JIBEX (below 0.3), 0 of which are negatively correlated. The least correlated is Johnson Enhanced Return Fund (JENHX) (Large Cap Blend Equities) with a 1Y correlation of 0.38, up from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Johnson Enhanced Return Fund | 0.38 | 0.29 | 0.25 | 55 | Large Cap Blend Equities | JIBEX vs JENHX | |
| Johnson Municipal Income Fund | 0.43 | 0.52 | 0.51 | 59 | Municipal Bonds | JIBEX vs JMUNX | |
| Hartford Schroders Tax-Aware Bond Fund | 0.64 | 0.69 | 0.66 | 53 | Intermediate Core Bond | JIBEX vs STWTX | |
| Loomis Sayles Securitized Asset Fund | 0.79 | 0.89 | 0.91 | 64 | Intermediate Core Bond | JIBEX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 0.86 | 0.90 | 0.90 | 54 | Intermediate Core Bond | JIBEX vs PCGTX |
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