Looking to diversify beyond JNOSX? The mutual funds below have historically moved differently from JNOSX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 Goldman Sachs GQG Partners International Opportunities Fund (GSINX) (Foreign Large Cap Equities) with a 1Y correlation of 0.36, down from 0.75 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.36 | 0.63 | 0.75 | 61 | Foreign Large Cap Equities | JNOSX vs GSINX | |
| Federated Hermes International Strategic Value Div... | 0.36 | 0.51 | 0.64 | 88 | Foreign Large Cap Equities | JNOSX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.37 | 0.63 | 0.75 | 61 | Foreign Large Cap Equities | JNOSX vs GSIMX | |
| GQG Partners International Quality Dividend Income... | 0.43 | 0.63 | 0.71 | 71 | Quality Factor, Foreign Large Cap Equities | JNOSX vs GQJPX | |
| Fidelity SAI International Low Volatility Index Fu... | 0.54 | 0.66 | 0.71 | 66 | Foreign Large Cap Equities, Low Volatility | JNOSX vs FSKLX |
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