Looking to diversify beyond JPTBX? The mutual funds below have the lowest correlation with JPTBX — 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 JPTBX.
Best Diversifiers for JPTBX
0 mutual funds have low correlation with JPTBX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.32, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.32 | 0.31 | 0.35 | 81 | Multisector Bonds | JPTBX vs JMSIX | |
| JPMorgan Equity Income Fund R6 | 0.73 | 0.75 | 0.81 | 77 | Large Cap Value Equities, Dividend | JPTBX vs OIEJX | |
| Dimensional Retirement Income Fund | 0.78 | 0.77 | 0.74 | 77 | Target Retirement Date | JPTBX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.82 | 0.75 | 0.75 | 65 | Target Retirement Date | JPTBX vs FRQIX | |
| Fidelity Managed Retirement Income Fund | 0.82 | 0.74 | 0.71 | 66 | Target Retirement Date | JPTBX vs FIRMX |
See all 59 diversifiers for JPTBX
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