Looking to diversify beyond JLKYX? The mutual funds below have the lowest correlation with JLKYX — 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 JLKYX.
Best Diversifiers for JLKYX
0 mutual funds have low correlation with JLKYX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.36, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.36 | 0.49 | 0.63 | 51 | Energy Equities | JLKYX vs JEEIX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.65 | — | — | 81 | Long-Short | JLKYX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.76 | 0.84 | 0.86 | 92 | Multistrategy | JLKYX vs JAAAX | |
| Dimensional Retirement Income Fund | 0.78 | 0.77 | 0.74 | 64 | Target Retirement Date | JLKYX vs TDIFX | |
| Connecticut Higher Education Trust 529 College Sav... | 0.81 | — | — | 75 | Target Retirement Date | JLKYX vs FAELX |
See all 585 diversifiers for JLKYX
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