Looking to diversify beyond JLEAX? The mutual funds below have the lowest correlation with JLEAX — 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 JLEAX.
Best Diversifiers for JLEAX
0 mutual funds have low correlation with JLEAX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| John Hancock Disciplined Value Global Long/Short F... | 0.69 | — | — | 94 | Long-Short | JLEAX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.78 | 0.83 | 0.85 | 95 | Multistrategy | JLEAX vs JAAAX | |
| Dimensional Retirement Income Fund | 0.79 | 0.86 | 0.83 | 83 | Target Retirement Date | JLEAX vs TDIFX | |
| John Hancock Funds Disciplined Value Fund | 0.82 | 0.82 | 0.83 | 84 | Large Cap Value Equities | JLEAX vs JVLIX | |
| Voya Target In-Retirement Fund | 0.86 | 0.91 | 0.91 | 82 | Target Retirement Date | JLEAX vs ISOLX |
See all 45 diversifiers for JLEAX
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Diversification Analysis
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