Looking to diversify beyond FSREX? The mutual funds below have historically moved differently from FSREX, 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 FSREX
7 mutual funds have low correlation with FSREX (below 0.3), 3 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 | -0.34 | — | — | 99 | REIT | FSREX vs QREARX | |
| Fidelity Series Treasury Bill Index Fund | -0.06 | 0.05 | 0.08 | 100 | Ultrashort Bond | FSREX vs FHQFX | |
| Redwood Real Estate Income Fund | -0.02 | — | — | 100 | REIT | FSREX vs CREMX | |
| Fidelity Conservative Income Bond Institutional Cl... | 0.09 | 0.24 | 0.18 | 99 | Ultrashort Bond | FSREX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | 0.12 | 0.18 | 0.16 | 99 | Total Bond Market | FSREX vs FJTDX |
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