Looking to diversify beyond JLGQX? The mutual funds below have the lowest correlation with JLGQX — 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 JLGQX.
Best Diversifiers for JLGQX
1 mutual funds have low correlation with JLGQX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.20, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.20 | 0.18 | 0.26 | 81 | Multisector Bonds | JLGQX vs JMSIX | |
| JPMorgan Equity Income Fund R6 | 0.45 | 0.47 | 0.61 | 77 | Large Cap Value Equities, Dividend | JLGQX vs OIEJX | |
| Baron Partners Fund | 0.46 | 0.60 | 0.70 | 72 | Large Cap Growth Equities | JLGQX vs BPTRX | |
| BNY Mellon Dynamic Value Fund | 0.54 | 0.56 | 0.67 | 82 | Large Cap Value Equities | JLGQX vs DAGVX | |
| Davis New York Venture Fund Class Y | 0.58 | 0.68 | 0.76 | 80 | Large Cap Growth Equities | JLGQX vs DNVYX |
See all 33 diversifiers for JLGQX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JLGQX
Add JLGQX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JLGQX