Looking to diversify beyond JILCX? The mutual funds below have historically moved differently from JILCX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JILCX
4 mutual funds have low correlation with JILCX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.20, down from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.20 | 0.06 | 0.17 | 83 | Diversified Portfolio | JILCX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.14 | 0.18 | 0.42 | 68 | Diversified Portfolio | JILCX vs MHELX | |
| Concorde Wealth Management Fund | 0.22 | 0.41 | 0.54 | 84 | Diversified Portfolio | JILCX vs CONWX | |
| JHancock Infrastructure Fund | 0.25 | 0.44 | 0.57 | 80 | Infrastructure Equities, Energy Equities | JILCX vs JEEIX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.30 | 0.54 | 0.60 | 92 | Diversified Portfolio | JILCX vs FSRKX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JILCX
Add JILCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JILCX