Looking to diversify beyond JSDUX? The mutual funds below have the lowest correlation with JSDUX — 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 JSDUX.
Best Diversifiers for JSDUX
5 mutual funds have low correlation with JSDUX (below 0.3), 0 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of 0.13, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | 0.13 | 0.09 | 0.17 | 79 | Short-Term Bond | JSDUX vs LCCMX | |
| GuidepathConservative Income Fund | 0.21 | 0.35 | 0.43 | 99 | Short-Term Bond | JSDUX vs GPICX | |
| JPMorgan Equity Income Fund R6 | 0.23 | 0.10 | 0.09 | 77 | Large Cap Value Equities, Dividend | JSDUX vs OIEJX | |
| GuidePath Absolute Return Allocation Fund | 0.24 | 0.57 | 0.63 | 57 | Short-Term Bond | JSDUX vs GPARX | |
| DFA Short-Duration Real Return Portfolio | 0.30 | 0.27 | 0.40 | 98 | Short-Term Bond | JSDUX vs DFAIX |
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