Looking to diversify beyond MRESX? The mutual funds below have the lowest correlation with MRESX — 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 MRESX.
Best Diversifiers for MRESX
4 mutual funds have low correlation with MRESX (below 0.3), 1 of which are negatively correlated. The least correlated is TIAA Real Estate Account (QREARX) (REIT) with a 1Y correlation of -0.21, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.21 | -0.14 | -0.14 | 98 | REIT | MRESX vs QREARX | |
| Redwood Real Estate Income Fund | 0.03 | — | — | 100 | REIT | MRESX vs CREMX | |
| Schwab S&P 500 Index Fund | 0.24 | 0.38 | 0.54 | 52 | Large Cap Blend Equities, S&P 500 | MRESX vs SWPPX | |
| AMG Boston Common Global Impact Fund | 0.29 | 0.45 | 0.57 | 54 | Large Cap Growth Equities | MRESX vs BRWIX | |
| Fidelity Series Real Estate Income Fund | 0.41 | 0.51 | 0.65 | 86 | REIT | MRESX vs FSREX |
See all 6 diversifiers for MRESX
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