Looking to diversify beyond JSMSX? The mutual funds below have the lowest correlation with JSMSX — 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 JSMSX.
Best Diversifiers for JSMSX
0 mutual funds have low correlation with JSMSX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.37, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.37 | 0.41 | 0.45 | 80 | Multisector Bonds | JSMSX vs JMSIX | |
| JPMorgan Equity Income Fund R6 | 0.71 | 0.72 | 0.79 | 65 | Large Cap Value Equities, Dividend | JSMSX vs OIEJX | |
| Dimensional Retirement Income Fund | 0.79 | 0.84 | 0.81 | 83 | Target Retirement Date | JSMSX vs TDIFX | |
| Voya Target In-Retirement Fund | 0.86 | 0.89 | 0.89 | 82 | Target Retirement Date | JSMSX vs ISOLX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.87 | 0.92 | 0.95 | 83 | Target Retirement Date | JSMSX vs DRILX |
See all 56 diversifiers for JSMSX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements JSMSX
Add JSMSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JSMSX