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

Best Diversifiers for MGLIX

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


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TIAA Real Estate Account-0.22
98
REITMGLIX vs QREARX
Redwood Real Estate Income Fund0.01
100
REITMGLIX vs CREMX
Fidelity Series Real Estate Income Fund0.540.550.69
89
REITMGLIX vs FSREX

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Diversification Analysis

Build a portfolio that complements MGLIX

Add MGLIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with MGLIX