Looking to diversify beyond JMENX? The mutual funds below have the lowest correlation with JMENX — 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 JMENX.
Best Diversifiers for JMENX
0 mutual funds have low correlation with JMENX (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... | 0.63 | — | — | 91 | Long-Short | JMENX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.75 | 0.83 | 0.86 | 94 | Multistrategy | JMENX vs JAAAX | |
| Dimensional Retirement Income Fund | 0.77 | 0.77 | 0.73 | 84 | Target Retirement Date | JMENX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.79 | 0.74 | 0.74 | 70 | Target Retirement Date | JMENX vs FRQIX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.79 | 0.74 | 0.74 | 84 | Target Retirement Date | JMENX vs FRQHX |
See all 40 diversifiers for JMENX
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