Looking to diversify beyond JNEMX? The mutual funds below have the lowest correlation with JNEMX — 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 JNEMX.
Best Diversifiers for JNEMX
0 mutual funds have low correlation with JNEMX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.36, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.36 | 0.32 | 0.36 | 81 | Multisector Bonds | JNEMX vs JMSIX | |
| Kopernik International Fund | 0.56 | 0.48 | 0.60 | 54 | Foreign Large Cap Equities | JNEMX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.57 | 0.71 | 0.77 | 91 | Foreign Large Cap Equities | JNEMX vs THOIX | |
| PIMCO RAE PLUS International Fund | 0.61 | 0.63 | 0.64 | 75 | Foreign Large Cap Equities | JNEMX vs PTSIX | |
| SA International Value Fund | 0.63 | 0.67 | 0.73 | 88 | Foreign Large Cap Equities | JNEMX vs SAHMX |
See all 25 diversifiers for JNEMX
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