Looking to diversify beyond JLGRX? The mutual funds below have the lowest correlation with JLGRX — 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 JLGRX.
Best Diversifiers for JLGRX
1 mutual funds have low correlation with JLGRX (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 | JLGRX vs JMSIX | |
| JPMorgan Equity Income Fund R6 | 0.44 | 0.47 | 0.61 | 77 | Large Cap Value Equities, Dividend | JLGRX vs OIEJX | |
| Baron Partners Fund Institutional Class | 0.46 | 0.60 | 0.70 | 73 | Large Cap Growth Equities | JLGRX vs BPTIX | |
| Baron Partners Fund | 0.47 | 0.60 | 0.70 | 72 | Large Cap Growth Equities | JLGRX vs BPTRX | |
| Davis New York Venture Fund Class Y | 0.58 | 0.68 | 0.76 | 80 | Large Cap Growth Equities | JLGRX vs DNVYX |
See all 32 diversifiers for JLGRX
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