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
3 mutual funds have low correlation with JILGX (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 -0.22, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.22 | -0.00 | 0.12 | 58 | Diversified Portfolio | JILGX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.07 | 0.21 | 0.54 | 69 | Diversified Portfolio | JILGX vs MHELX | |
| JHancock Infrastructure Fund | 0.26 | 0.41 | 0.58 | 75 | Energy Equities | JILGX vs JEEIX | |
| Concorde Wealth Management Fund | 0.33 | 0.55 | 0.70 | 71 | Diversified Portfolio | JILGX vs CONWX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.34 | 0.54 | 0.62 | 79 | Diversified Portfolio | JILGX vs FCSRX |
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