Apollo Diversified Real Estate Fund Class I (GRIFX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The Apollo Diversified Real Estate Fund seeks to generate returns through both current income and capital appreciation by strategically investing across private institutional real estate funds and a diversified set of public real estate securities, including REITs and related income-producing assets.

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), 2 of which are negatively correlated.

Symbol	Name	Correlation 1Y	Correlation 3Y	Correlation 5Y	Risk / Return Rank	Category	Compare
QREARX	TIAA Real Estate Account	-0.19	—	—	98	REIT	GRIFX vs QREARX
CREMX	Redwood Real Estate Income Fund	-0.02	—	—	100	REIT	GRIFX vs CREMX
FSREX	Fidelity Series Real Estate Income Fund	0.40	0.47	0.59	89	REIT	GRIFX vs FSREX

Diversification Analysis

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