LDR Real Estate Value Opportunity Fund (HLRRX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of companies principally engaged in the real estate industry and other real estate related investments. The advisor considers a company to be principally engaged in the real estate industry if it either (i) derives at least 50% of its revenues from the ownership, construction, financing, management or sale of commercial or residential real estate or (ii) has at least 50% of its assets in real estate or such real estate businesses.

Looking to diversify beyond HLRRX? The mutual funds below have the lowest correlation with HLRRX — 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 HLRRX.

Best Diversifiers for HLRRX

2 mutual funds have low correlation with HLRRX (below 0.3), 1 of which are negatively correlated.

Symbol	Name	Correlation 1Y	Correlation 3Y	Correlation 5Y	Risk / Return Rank	Category	Compare
QREARX	TIAA Real Estate Account	-0.12	—	—	98	REIT	HLRRX vs QREARX
CREMX	Redwood Real Estate Income Fund	0.00	—	—	100	REIT	HLRRX vs CREMX
FSREX	Fidelity Series Real Estate Income Fund	0.38	0.49	0.64	89	REIT	HLRRX vs FSREX

Diversification Analysis

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