Looking to diversify beyond JMM? The mutual funds below have the lowest correlation with JMM — 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 JMM.
Best Diversifiers for JMM
16 mutual funds have low correlation with JMM (below 0.3), 0 of which are negatively correlated. The least correlated is CrossingBridge Responsible Credit Fund (CBRDX) (Multisector Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| CrossingBridge Responsible Credit Fund | 0.08 | 0.14 | — | 58 | Multisector Bonds | JMM vs CBRDX | |
| CrossingBridge Low Duration High Yield Fund | 0.09 | 0.14 | 0.11 | 97 | Multisector Bonds | JMM vs CBLDX | |
| Potomac Managed Volatility Fund | 0.09 | 0.16 | 0.11 | 54 | Multisector Bonds | JMM vs CRMVX | |
| Nationwide Strategic Income A | 0.12 | 0.14 | 0.08 | 99 | Multisector Bonds | JMM vs NWXEX | |
| Rational Special Situations Income Fund | 0.18 | 0.14 | 0.11 | 98 | Multisector Bonds | JMM vs RFXIX |
See all 21 diversifiers for JMM
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Diversification Analysis
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