Looking to diversify beyond FIRIX? The mutual funds below have historically moved differently from FIRIX, 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 FIRIX
3 mutual funds have low correlation with FIRIX (below 0.3), 2 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 | -0.24 | — | — | 99 | REIT | FIRIX vs QREARX | |
| Redwood Real Estate Income Fund | -0.04 | — | — | 100 | REIT | FIRIX vs CREMX | |
| Fidelity Select Semiconductors Portfolio | 0.24 | 0.31 | 0.41 | 80 | Semiconductors, Technology Equities | FIRIX vs FSELX | |
| JHancock Real Estate Securities Fund | 0.36 | 0.46 | 0.52 | 72 | REIT | FIRIX vs JIREX | |
| Cromwell CenterSquare Real Estate Fund | 0.36 | 0.46 | 0.52 | 56 | REIT | FIRIX vs MRESX |
See all 36 diversifiers for FIRIX
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