Looking to diversify beyond JRTYX? The mutual funds below have the lowest correlation with JRTYX — 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 JRTYX.
Best Diversifiers for JRTYX
0 mutual funds have low correlation with JRTYX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.74, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.74 | 0.77 | 0.74 | 83 | Target Retirement Date | JRTYX vs TDIFX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.75 | 0.84 | 0.86 | 95 | Multistrategy | JRTYX vs JAAAX | |
| Prudential Day One Income Fund | 0.80 | 0.82 | 0.83 | 85 | Target Retirement Date | JRTYX vs PDAHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.81 | 0.74 | 0.71 | 72 | Target Retirement Date | JRTYX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.75 | 0.75 | 72 | Target Retirement Date | JRTYX vs FRQIX |
See all 45 diversifiers for JRTYX
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