Looking to diversify beyond JRTVX? The mutual funds below have the lowest correlation with JRTVX — 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 JRTVX.
Best Diversifiers for JRTVX
0 mutual funds have low correlation with JRTVX (below 0.3), 0 of which are negatively correlated. The least correlated is John Hancock Disciplined Value Global Long/Short Fund Class R6 (JAKVX) (Long-Short) with a 1Y correlation of 0.67, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| John Hancock Disciplined Value Global Long/Short F... | 0.67 | 0.61 | 0.61 | 81 | Long-Short | JRTVX vs JAKVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.77 | 0.85 | 0.87 | 93 | Multistrategy | JRTVX vs JAAAX | |
| Dimensional Retirement Income Fund | 0.79 | 0.80 | 0.77 | 77 | Target Retirement Date | JRTVX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.84 | 0.87 | 0.90 | 61 | Target Retirement Date | JRTVX vs LTTIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.85 | 0.78 | 0.75 | 65 | Target Retirement Date | JRTVX vs FRIMX |
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