Looking to diversify beyond CRARX? The mutual funds below have historically moved differently from CRARX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CRARX
15 mutual funds have low correlation with CRARX (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.20 | — | — | 99 | REIT | CRARX vs QREARX | |
| Redwood Real Estate Income Fund | 0.04 | — | — | 100 | REIT | CRARX vs CREMX | |
| MainStay Floating Rate Fund | 0.04 | 0.15 | 0.17 | 69 | Bank Loan | CRARX vs MXFIX | |
| NYLI S&P 500 Index Class A | 0.16 | 0.39 | 0.55 | 58 | S&P 500 | CRARX vs MSXAX | |
| MainStay S&P 500 Index Fund | 0.16 | 0.39 | 0.55 | 58 | Large Cap Blend Equities | CRARX vs MSPIX |
See all 59 diversifiers for CRARX
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