Looking to diversify beyond USGLX? The mutual funds below have the lowest correlation with USGLX — 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 USGLX.
Best Diversifiers for USGLX
1 mutual funds have low correlation with USGLX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.14, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.14 | 0.28 | 0.47 | 56 | Energy Equities | USGLX vs JEEIX | |
| John Hancock Variable Insurance Trust Mid Cap Inde... | 0.45 | 0.57 | 0.69 | 68 | Mid Cap Blend Equities | USGLX vs JECIX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.46 | — | — | 81 | Long-Short | USGLX vs JAKVX | |
| John Hancock Disciplined Value Global Long/Short F... | 0.46 | — | — | 80 | Long-Short | USGLX vs JAKRX | |
| One Rock Fund | 0.48 | 0.65 | 0.74 | 87 | Large Cap Growth Equities | USGLX vs ONERX |
See all 32 diversifiers for USGLX
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