Looking to diversify beyond JRLLX? The mutual funds below have the lowest correlation with JRLLX — 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 JRLLX.
Best Diversifiers for JRLLX
0 mutual funds have low correlation with JRLLX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.49, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.49 | 0.61 | 0.70 | 56 | Energy Equities | JRLLX vs JEEIX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.75 | 0.79 | 0.82 | 93 | Multistrategy | JRLLX vs JAAAX | |
| John Hancock Funds Disciplined Value Fund | 0.79 | 0.78 | 0.79 | 85 | Large Cap Value Equities | JRLLX vs JVLIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | 0.82 | 0.77 | 0.82 | 65 | Large Cap Blend Equities | JRLLX vs JFIVX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.83 | 0.83 | 0.86 | 81 | Target Retirement Date | JRLLX vs DRILX |
See all 59 diversifiers for JRLLX
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