Looking to diversify beyond JNOSX? The mutual funds below have the lowest correlation with JNOSX — 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 JNOSX.
Best Diversifiers for JNOSX
0 mutual funds have low correlation with JNOSX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.42, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.42 | 0.53 | 0.65 | 61 | Foreign Large Cap Equities | JNOSX vs IVFIX | |
| Janus Global Technology and Innovation Fund | 0.61 | 0.61 | 0.65 | 51 | Technology Equities | JNOSX vs JAGTX | |
| Janus Henderson Global Technology and Innovation F... | 0.61 | 0.61 | 0.65 | 52 | Technology Equities | JNOSX vs JNGTX | |
| Janus Henderson Global Technology and Innovation F... | 0.61 | 0.61 | 0.65 | 52 | Technology Equities | JNOSX vs JATIX | |
| Janus Henderson VIT Global Technology and Innovati... | 0.62 | 0.61 | 0.65 | 51 | Technology Equities | JNOSX vs JGLTX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JNOSX
Add JNOSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JNOSX