Looking to diversify beyond JIISX? The mutual funds below have the lowest correlation with JIISX — 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 JIISX.
Best Diversifiers for JIISX
1 mutual funds have low correlation with JIISX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.27, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.27 | 0.22 | 0.29 | 81 | Multisector Bonds | JIISX vs JMSIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.34 | 0.15 | 0.13 | 72 | Large Cap Blend Equities | JIISX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.51 | 0.36 | 0.43 | 69 | Large Cap Blend Equities | JIISX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.61 | 0.70 | 0.80 | 62 | Large Cap Blend Equities | JIISX vs RCKSX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.67 | 0.79 | 0.87 | 88 | Large Cap Blend Equities | JIISX vs RESGX |
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