Looking to diversify beyond JIEHX? The mutual funds below have the lowest correlation with JIEHX — 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 JIEHX.
Best Diversifiers for JIEHX
0 mutual funds have low correlation with JIEHX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.35, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.35 | 0.49 | 0.63 | 56 | Energy Equities | JIEHX vs JEEIX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.66 | — | — | 81 | Long-Short | JIEHX vs JAKVX | |
| Dimensional 2020 Target Date Retirement Income Fun... | 0.75 | 0.67 | 0.60 | 53 | Target Retirement Date | JIEHX vs DRIRX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.76 | 0.84 | 0.86 | 93 | Multistrategy | JIEHX vs JAAAX | |
| Dimensional Retirement Income Fund | 0.78 | 0.77 | 0.74 | 77 | Target Retirement Date | JIEHX vs TDIFX |
See all 619 diversifiers for JIEHX
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