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Neuberger Berman Real Estate Fund (NBRFX) Diversifiers

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

The investment seeks total return through investment in real estate securities, emphasizing both capital appreciation and current income. The fund normally invests at least 80% of its net assets in equity securities issued by real estate investment trusts ("REITs") and common stocks and other securities issued by other real estate companies. The manager defines a real estate company as one that derives at least 50% of its revenue from, or has at least 50% of its assets in, real estate. The fund may invest up to 20% of its net assets in debt securities of real estate companies. It is non-diversified.

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

Best Diversifiers for NBRFX

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

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QREARX
TIAA Real Estate Account-0.18——
98
REITNBRFX vs QREARX
CREMX
Redwood Real Estate Income Fund0.01——
100
REITNBRFX vs CREMX
NBSRX
Neuberger Berman Sustainable Equity Fund0.240.390.54
82
Large Cap Blend EquitiesNBRFX vs NBSRX
NINLX
Neuberger Berman Intrinsic Value Fund0.340.460.54
87
Small Cap Blend EquitiesNBRFX vs NINLX
FSREX
Fidelity Series Real Estate Income Fund0.370.500.64
89
REITNBRFX vs FSREX
See all 6 diversifiers for NBRFX

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