Looking to diversify beyond JLMRX? The mutual funds below have historically moved differently from JLMRX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for JLMRX
1 mutual funds have low correlation with JLMRX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.01, down from 0.45 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.01 | 0.11 | 0.45 | 66 | Diversified Portfolio | JLMRX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.43 | 0.61 | 0.65 | 91 | Diversified Portfolio | JLMRX vs FIQDX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.44 | 0.61 | 0.65 | 91 | Diversified Portfolio | JLMRX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.45 | 0.61 | 0.65 | 89 | Diversified Portfolio | JLMRX vs FSRTX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.45 | 0.61 | 0.65 | 89 | Diversified Portfolio | JLMRX vs FCSRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JLMRX
Add JLMRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JLMRX