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Invesco Global Real Estate Income Fund (ASRAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of real estate and real estate related issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. It may invest up to 30% of its net assets in below-investment grade securities (commonly known as "junk bonds") of real estate and real estate related issuers.

Looking to diversify beyond ASRAX? The mutual funds below have the lowest correlation with ASRAX — 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 ASRAX.

Best Diversifiers for ASRAX

2 mutual funds have low correlation with ASRAX (below 0.3), 2 of which are negatively correlated. The least correlated is TIAA Real Estate Account (QREARX) (REIT) with a 1Y correlation of -0.21, roughly unchanged from -0.17 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QREARX
TIAA Real Estate Account-0.21-0.17-0.17
98
REITASRAX vs QREARX
CREMX
Redwood Real Estate Income Fund-0.04——
100
REITASRAX vs CREMX
IVNQX
Invesco Nasdaq 100 Index Fund0.300.380.51
76
Large Cap Growth EquitiesASRAX vs IVNQX
VVOAX
Invesco Value Opportunities Fund0.470.560.60
87
Mid Cap Value EquitiesASRAX vs VVOAX
VSCAX
Invesco Small Cap Value Fund0.480.570.60
89
Small Cap Value EquitiesASRAX vs VSCAX
See all 8 diversifiers for ASRAX

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