Looking to diversify beyond GREZX? The mutual funds below have the lowest correlation with GREZX — 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 GREZX.
Best Diversifiers for GREZX
2 mutual funds have low correlation with GREZX (below 0.3), 2 of which are negatively correlated. The least correlated is TIAA Real Estate Account (QREARX) (REIT) with a 1Y correlation of -0.23, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.23 | -0.16 | -0.16 | 98 | REIT | GREZX vs QREARX | |
| Redwood Real Estate Income Fund | -0.03 | -0.02 | -0.02 | 100 | REIT | GREZX vs CREMX | |
| GuideStone Funds Emerging Markets Equity Fund | 0.34 | 0.44 | 0.49 | 90 | Emerging Markets Diversified | GREZX vs GEMYX | |
| GuideStone Funds Low-Duration Bond Fund | 0.38 | 0.29 | 0.26 | 89 | Short-Term Bond | GREZX vs GLDYX | |
| GuideStone Funds Equity Index Fund | 0.40 | 0.53 | 0.63 | 70 | Large Cap Blend Equities | GREZX vs GEQYX |
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