Looking to diversify beyond JIREX? The mutual funds below have the lowest correlation with JIREX — 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 JIREX.
Best Diversifiers for JIREX
7 mutual funds have low correlation with JIREX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.17 | — | — | 98 | REIT | JIREX vs QREARX | |
| Redwood Real Estate Income Fund | -0.01 | — | — | 100 | REIT | JIREX vs CREMX | |
| American Funds New World Fund® Class R-6 | 0.18 | 0.36 | 0.48 | 65 | Emerging Markets Diversified | JIREX vs RNWGX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | 0.20 | 0.41 | 0.56 | 65 | Large Cap Blend Equities | JIREX vs JFIVX | |
| John Hancock Balanced Fund | 0.24 | 0.46 | 0.58 | 88 | Diversified Portfolio | JIREX vs SVBAX |
See all 11 diversifiers for JIREX
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Diversification Analysis
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