Looking to diversify beyond JIGAX? The mutual funds below have the lowest correlation with JIGAX — 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 JIGAX.
Best Diversifiers for JIGAX
1 mutual funds have low correlation with JIGAX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.19, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.19 | 0.16 | 0.26 | 81 | Multisector Bonds | JIGAX vs JMSIX | |
| JPMorgan Equity Income Fund R6 | 0.43 | 0.49 | 0.63 | 77 | Large Cap Value Equities, Dividend | JIGAX vs OIEJX | |
| ICON Equity Fund | 0.58 | 0.58 | 0.70 | 84 | Large Cap Growth Equities | JIGAX vs IOLZX | |
| PrimeCap Odyssey Growth Fund | 0.75 | 0.79 | 0.85 | 93 | Large Cap Growth Equities | JIGAX vs POGRX | |
| One Rock Fund | 0.75 | 0.81 | 0.84 | 87 | Large Cap Growth Equities | JIGAX vs ONERX |
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