Looking to diversify beyond AWP? The mutual funds below have the lowest correlation with AWP — 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 AWP.
Best Diversifiers for AWP
2 mutual funds have low correlation with AWP (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.14 | — | — | 98 | REIT | AWP vs QREARX | |
| Redwood Real Estate Income Fund | -0.00 | — | — | 100 | REIT | AWP vs CREMX | |
| Fidelity Series Real Estate Income Fund | 0.36 | 0.46 | 0.60 | 89 | REIT | AWP vs FSREX |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AWP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AWP and solid risk/return profiles. The least correlated is Cohen & Steers Quality Income Realty Fund (RQI) (Financial Services) with a 1Y correlation of 0.66, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cohen & Steers Quality Income Realty Fund | 0.66 | 0.71 | 0.75 | 67 | Financial Services |
Build a portfolio that complements AWP
Add AWP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AWP