Looking to diversify beyond JILAX? The mutual funds below have the lowest correlation with JILAX — 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 JILAX.
Best Diversifiers for JILAX
2 mutual funds have low correlation with JILAX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.09, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.09 | 0.23 | 0.56 | 70 | Diversified Portfolio | JILAX vs MHELX | |
| JHancock Infrastructure Fund | 0.28 | 0.42 | 0.58 | 58 | Energy Equities | JILAX vs JEEIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.32 | 0.54 | 0.61 | 82 | Diversified Portfolio | JILAX vs FCSRX | |
| Fidelity Strategic Real Return Fund | 0.32 | 0.55 | 0.62 | 87 | Diversified Portfolio | JILAX vs FSRRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.33 | 0.54 | 0.62 | 88 | Diversified Portfolio | JILAX vs FIQDX |
See all 34 diversifiers for JILAX
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