Looking to diversify beyond JMIEX? The mutual funds below have the lowest correlation with JMIEX — 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 JMIEX.
Best Diversifiers for JMIEX
2 mutual funds have low correlation with JMIEX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity SAI Inflation-Focused (FIFGX) (Commodities) with a 1Y correlation of -0.05, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity SAI Inflation-Focused | -0.05 | 0.15 | 0.19 | 54 | Commodities | JMIEX vs FIFGX | |
| JPMorgan Income Fund | 0.16 | 0.17 | 0.24 | 86 | Multisector Bonds | JMIEX vs JMSIX | |
| LSV Small Cap Value Fund | 0.41 | 0.47 | 0.53 | 63 | Small Cap Value Equities | JMIEX vs LSVQX | |
| JPMorgan Equity Income Fund R6 | 0.44 | 0.46 | 0.51 | 84 | Large Cap Value Equities, Dividend | JMIEX vs OIEJX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.48 | 0.64 | 0.70 | 83 | Emerging Markets Diversified | JMIEX vs ESCIX |
See all 28 diversifiers for JMIEX
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