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 Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.57, roughly unchanged from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.57 | 0.50 | 0.63 | 54 | Foreign Large Cap Equities | JNOSX vs KGIIX | |
| Janus Henderson VIT Global Technology and Innovati... | 0.60 | 0.60 | 0.64 | 73 | Technology Equities | JNOSX vs JGLTX | |
| Janus Henderson Global Technology and Innovation F... | 0.61 | 0.61 | 0.64 | 72 | Technology Equities | JNOSX vs JNGTX | |
| Janus Henderson Global Technology and Innovation F... | 0.61 | 0.61 | 0.65 | 72 | Technology Equities | JNOSX vs JATIX | |
| Janus Global Technology and Innovation Fund | 0.61 | 0.61 | 0.65 | 72 | Technology Equities | JNOSX vs JAGTX |
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