Looking to diversify beyond JNVMX? The mutual funds below have the lowest correlation with JNVMX — 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 JNVMX.
Best Diversifiers for JNVMX
0 mutual funds have low correlation with JNVMX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.34, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.34 | 0.29 | 0.31 | 80 | Multisector Bonds | JNVMX vs JMSIX | |
| Kopernik International Fund | 0.59 | 0.52 | 0.62 | 81 | Foreign Large Cap Equities | JNVMX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.60 | 0.71 | 0.78 | 94 | Foreign Large Cap Equities | JNVMX vs THOIX | |
| American Beacon Tocqueville International Value Fu... | 0.62 | 0.66 | 0.76 | 93 | Foreign Large Cap Equities | JNVMX vs TIVFX | |
| JPMorgan Equity Income Fund R6 | 0.64 | 0.59 | 0.68 | 65 | Large Cap Value Equities, Dividend | JNVMX vs OIEJX |
See all 21 diversifiers for JNVMX
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