Looking to diversify beyond JNGIX? The mutual funds below have the lowest correlation with JNGIX — 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 JNGIX.
Best Diversifiers for JNGIX
1 mutual funds have low correlation with JNGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.30, up from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.30 | 0.13 | 0.11 | 95 | Large Cap Blend Equities | JNGIX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.50 | 0.33 | 0.40 | 68 | Large Cap Blend Equities | JNGIX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.60 | 0.71 | 0.80 | 80 | Large Cap Blend Equities | JNGIX vs RCKSX | |
| First Eagle Overseas Fund Class I | 0.62 | 0.58 | 0.63 | 61 | Large Cap Blend Equities, Foreign Large Cap Equities | JNGIX vs SGOIX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.69 | 0.79 | 0.87 | 88 | Large Cap Blend Equities | JNGIX vs RESGX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from JNGIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JNGIX and solid risk/return profiles. The least correlated is Biogen Inc. (BIIB) (Healthcare) with a 1Y correlation of 0.12, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Biogen Inc. | 0.12 | 0.27 | 0.38 | 87 | Healthcare |
Build a portfolio that complements JNGIX
Add JNGIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JNGIX