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
1 mutual funds have low correlation with JMIEX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.16, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.16 | 0.16 | 0.24 | 81 | Multisector Bonds | JMIEX vs JMSIX | |
| LSV Small Cap Value Fund | 0.43 | 0.49 | 0.54 | 57 | Small Cap Value Equities | JMIEX vs LSVQX | |
| JPMorgan Equity Income Fund R6 | 0.46 | 0.47 | 0.51 | 77 | Large Cap Value Equities, Dividend | JMIEX vs OIEJX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.53 | 0.66 | 0.70 | 87 | Emerging Markets Diversified | JMIEX vs ESCIX | |
| Fidelity Small Cap Index Fund | 0.57 | 0.56 | 0.59 | 69 | Small Cap Blend Equities | JMIEX vs FSSNX |
See all 30 diversifiers for JMIEX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JMIEX
Add JMIEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JMIEX