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BNY Mellon Global Real Estate Securities Fund (DRLIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in publicly-traded equity securities of companies principally engaged in the real estate sector. It normally invests in a global portfolio of equity securities of real estate companies, including real estate investment trusts (REITs) and real estate operating companies, with principal places of business located in, but not limited to, the developed markets of Europe, Australia, Asia and North America (including the United States).

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

Best Diversifiers for DRLIX

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

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QREARX
TIAA Real Estate Account-0.25——
98
REITDRLIX vs QREARX
CREMX
Redwood Real Estate Income Fund-0.04——
100
REITDRLIX vs CREMX
DFLYX
BNY Mellon Floating Rate Income Fund0.240.250.27
82
Bank LoanDRLIX vs DFLYX
DLDRX
BNY Mellon Natural Resources Fund0.320.400.41
89
Energy EquitiesDRLIX vs DLDRX
DLHRX
BNY Mellon High Yield Fund0.400.490.50
64
High Yield BondsDRLIX vs DLHRX
See all 7 diversifiers for DRLIX

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