Looking to diversify beyond SRJSX? The mutual funds below have the lowest correlation with SRJSX — 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 SRJSX.
Best Diversifiers for SRJSX
0 mutual funds have low correlation with SRJSX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.36, roughly unchanged from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund | 0.36 | 0.37 | 0.40 | 85 | Multisector Bonds | SRJSX vs JMSIX | |
| JPMorgan Equity Income Fund R6 | 0.73 | 0.74 | 0.80 | 81 | Large Cap Value Equities, Dividend | SRJSX vs OIEJX | |
| Dimensional Retirement Income Fund | 0.81 | 0.82 | 0.78 | 83 | Target Retirement Date | SRJSX vs TDIFX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.85 | 0.81 | 0.80 | 83 | Target Retirement Date | SRJSX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.85 | 0.81 | 0.80 | 69 | Target Retirement Date | SRJSX vs FRQIX |
See all 29 diversifiers for SRJSX
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