Looking to diversify beyond GRIFX? The mutual funds below have the lowest correlation with GRIFX — 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 GRIFX.
Best Diversifiers for GRIFX
2 mutual funds have low correlation with GRIFX (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.20 | — | — | 99 | REIT | GRIFX vs QREARX | |
| Redwood Real Estate Income Fund | 0.00 | — | — | 100 | REIT | GRIFX vs CREMX | |
| Fidelity Series Real Estate Income Fund | 0.40 | 0.46 | 0.59 | 89 | REIT | GRIFX vs FSREX | |
| JHancock Real Estate Securities Fund | 0.73 | 0.84 | 0.87 | 57 | REIT | GRIFX vs JIREX | |
| Fidelity Advisor Real Estate Income Fund Class M | 0.86 | 0.84 | 0.84 | 60 | REIT | GRIFX vs FRIQX |
See all 14 diversifiers for GRIFX
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Diversification Analysis
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