Looking to diversify beyond IRFIX? The mutual funds below have the lowest correlation with IRFIX — 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 IRFIX.
Best Diversifiers for IRFIX
3 mutual funds have low correlation with IRFIX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.21 | — | — | 98 | REIT | IRFIX vs QREARX | |
| Redwood Real Estate Income Fund | -0.03 | — | — | 100 | REIT | IRFIX vs CREMX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 0.07 | 0.27 | 0.34 | 95 | Energy Equities | IRFIX vs MLOZX | |
| Fidelity Flex 500 Index Fund | 0.45 | 0.44 | 0.51 | 61 | Large Cap Blend Equities | IRFIX vs FDFIX | |
| Fidelity Series Real Estate Income Fund | 0.45 | 0.47 | 0.55 | 86 | REIT | IRFIX vs FSREX |
See all 10 diversifiers for IRFIX
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Diversification Analysis
Build a portfolio that complements IRFIX
Add IRFIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IRFIX