Looking to diversify beyond FREEX? The mutual funds below have historically moved differently from FREEX, 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 FREEX
2 mutual funds have low correlation with FREEX (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 | FREEX vs QREARX | |
| Redwood Real Estate Income Fund | 0.04 | — | — | 100 | REIT | FREEX vs CREMX | |
| Templeton Institutional Fund International Equity ... | 0.34 | 0.45 | 0.50 | 63 | Foreign Large Cap Equities | FREEX vs TFEQX | |
| Fidelity Series Real Estate Income Fund | 0.35 | 0.47 | 0.63 | 87 | REIT | FREEX vs FSREX | |
| Franklin Income Fund Advisor Class | 0.51 | 0.56 | 0.62 | 93 | Diversified Portfolio | FREEX vs FRIAX |
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