Looking to diversify beyond VHIAX? The mutual funds below have the lowest correlation with VHIAX — 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 VHIAX.
Best Diversifiers for VHIAX
16 mutual funds have low correlation with VHIAX (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 0.13, up from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Ultra-Short Municipal Fund | 0.13 | 0.02 | 0.00 | 99 | Municipal Bonds | VHIAX vs USMTX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.16 | -0.05 | -0.11 | 99 | Total Bond Market | VHIAX vs JSOSX | |
| JPMorgan California Tax Free Bond Fund Class C | 0.18 | 0.11 | 0.10 | 55 | Municipal Bonds | VHIAX vs JCBCX | |
| JPMorgan Tax Aware Real Return Fund | 0.19 | 0.13 | 0.17 | 76 | Municipal Bonds | VHIAX vs TXRIX | |
| JPMorgan Ultra-Short Municipal Fund | 0.20 | 0.08 | 0.06 | 99 | Municipal Bonds | VHIAX vs USMSX |
See all 86 diversifiers for VHIAX
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