Looking to diversify beyond CRARX? The mutual funds below have the lowest correlation with CRARX — 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 CRARX.
Best Diversifiers for CRARX
8 mutual funds have low correlation with CRARX (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.18 | — | — | 98 | REIT | CRARX vs QREARX | |
| Redwood Real Estate Income Fund | 0.01 | — | — | 100 | REIT | CRARX vs CREMX | |
| MainStay Floating Rate Fund | 0.06 | 0.17 | 0.18 | 64 | Bank Loan | CRARX vs MXFIX | |
| NYLI S&P 500 Index Class A | 0.23 | 0.42 | 0.57 | 63 | S&P 500 | CRARX vs MSXAX | |
| MainStay S&P 500 Index Fund | 0.23 | 0.42 | 0.57 | 65 | Large Cap Blend Equities | CRARX vs MSPIX |
See all 22 diversifiers for CRARX
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Diversification Analysis
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