Looking to diversify beyond OIEJX? The mutual funds below have the lowest correlation with OIEJX — 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 OIEJX.
Best Diversifiers for OIEJX
15 mutual funds have low correlation with OIEJX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Ultra-Short Municipal Fund (USMTX) (Municipal Bonds) with a 1Y correlation of 0.01, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Ultra-Short Municipal Fund | 0.01 | 0.01 | -0.04 | 99 | Municipal Bonds | OIEJX vs USMTX | |
| JPMorgan Ultra-Short Municipal Fund | 0.03 | 0.05 | 0.04 | 99 | Municipal Bonds | OIEJX vs USMSX | |
| JPMorgan Tax Aware Real Return Fund | 0.13 | 0.14 | 0.18 | 73 | Municipal Bonds | OIEJX vs TXRIX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.16 | -0.06 | -0.09 | 99 | Total Bond Market | OIEJX vs JSOSX | |
| JPMorgan California Tax Free Bond Fund | 0.18 | 0.14 | 0.07 | 60 | Municipal Bonds | OIEJX vs JPICX |
See all 134 diversifiers for OIEJX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements OIEJX
Add OIEJX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OIEJX