Looking to diversify beyond JVMRX? The mutual funds below have the lowest correlation with JVMRX — 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 JVMRX.
Best Diversifiers for JVMRX
0 mutual funds have low correlation with JVMRX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.46, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.46 | 0.56 | 0.64 | 74 | Energy Equities | JVMRX vs JEEIX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.49 | — | — | 90 | Long-Short | JVMRX vs JAKRX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.49 | — | — | 90 | Long-Short | JVMRX vs JAKVX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | 0.61 | 0.71 | 0.80 | 64 | Large Cap Blend Equities | JVMRX vs JFIVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.62 | 0.71 | 0.77 | 94 | Multistrategy | JVMRX vs JAAAX |
See all 29 diversifiers for JVMRX
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