Looking to diversify beyond JSGIX? The mutual funds below have the lowest correlation with JSGIX — 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 JSGIX.
Best Diversifiers for JSGIX
1 mutual funds have low correlation with JSGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab Monthly Income Fund - Maximum Payout (SWLRX) (Diversified Portfolio) with a 1Y correlation of 0.29, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab Monthly Income Fund - Maximum Payout | 0.30 | 0.36 | 0.44 | 67 | Diversified Portfolio | JSGIX vs SWLRX | |
| Emerald Insights Fund | 0.37 | 0.77 | 0.84 | 99 | Large Cap Growth Equities | JSGIX vs EFCNX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.55 | 0.65 | 0.73 | 95 | Multistrategy | JSGIX vs JAAAX | |
| ICON Equity Fund | 0.59 | 0.56 | 0.69 | 76 | Large Cap Growth Equities | JSGIX vs IOLZX | |
| John Hancock Funds Disciplined Value Fund | 0.64 | 0.65 | 0.72 | 84 | Large Cap Value Equities | JSGIX vs JVLIX |
See all 30 diversifiers for JSGIX
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Diversification Analysis
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