Looking to diversify beyond VNJTX? The mutual funds below have the lowest correlation with VNJTX — 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 VNJTX.
Best Diversifiers for VNJTX
20 mutual funds have low correlation with VNJTX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of 0.02, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | 0.02 | 0.18 | 0.22 | 95 | Municipal Bonds | VNJTX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.03 | 0.19 | 0.23 | 94 | Municipal Bonds | VNJTX vs DMREX | |
| Vanguard Information Technology Index Fund Admiral... | 0.11 | 0.08 | 0.10 | 65 | Technology Equities | VNJTX vs VITAX | |
| JPMorgan Ultra-Short Municipal Fund | 0.15 | 0.30 | 0.37 | 99 | Municipal Bonds | VNJTX vs USMSX | |
| DFA Short Term Municipal Bond Portfolio | 0.17 | 0.27 | 0.36 | 99 | Municipal Bonds | VNJTX vs DFSMX |
See all 39 diversifiers for VNJTX
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