Brookfield Global Listed Real Estate Fund (BLRYX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund seeks to achieve its investment objective by investing primarily in REITs and other securities in the real estate industry. Under normal market conditions, the manager will attempt to achieve its investment objective by investing, as a principal strategy, at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in publicly traded equity securities of real estate companies listed on a domestic or foreign exchange, throughout the world, including the United States (the "80% Policy").

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

Best Diversifiers for BLRYX

2 mutual funds have low correlation with BLRYX (below 0.3), 2 of which are negatively correlated.

Symbol	Name	Correlation 1Y	Correlation 3Y	Correlation 5Y	Risk / Return Rank	Category	Compare
QREARX	TIAA Real Estate Account	-0.22	—	—	98	REIT	BLRYX vs QREARX
CREMX	Redwood Real Estate Income Fund	-0.02	—	—	100	REIT	BLRYX vs CREMX
FSREX	Fidelity Series Real Estate Income Fund	0.49	0.55	0.67	89	REIT	BLRYX vs FSREX

Diversification Analysis

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