Looking to diversify beyond JILGX? The mutual funds below have the lowest correlation with JILGX — 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 JILGX.
Best Diversifiers for JILGX
1 mutual funds have low correlation with JILGX (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 0.10, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.10 | 0.23 | 0.55 | 67 | Diversified Portfolio | JILGX vs MHELX | |
| JHancock Infrastructure Fund | 0.31 | 0.44 | 0.60 | 56 | Energy Equities | JILGX vs JEEIX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.33 | 0.56 | 0.63 | 88 | Diversified Portfolio | JILGX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.55 | 0.62 | 82 | Diversified Portfolio | JILGX vs FCSRX | |
| Fidelity Strategic Real Return Fund | 0.34 | 0.56 | 0.63 | 87 | Diversified Portfolio | JILGX vs FSRRX |
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