Looking to diversify beyond NGREX? The mutual funds below have historically moved differently from NGREX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for NGREX
3 mutual funds have low correlation with NGREX (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.26 | — | — | 99 | REIT | NGREX vs QREARX | |
| Redwood Real Estate Income Fund | 0.05 | 0.00 | 0.00 | 100 | REIT | NGREX vs CREMX | |
| Northern Tax-Advantaged U-S Fixed Income | 0.21 | 0.19 | 0.16 | 86 | Ultrashort Bond | NGREX vs NTAUX | |
| Northern Stock Index Fund | 0.40 | 0.54 | 0.63 | 57 | Large Cap Blend Equities | NGREX vs NOSIX | |
| Northern Large Cap Core Fund | 0.41 | 0.54 | 0.63 | 73 | Large Cap Blend Equities | NGREX vs NOLCX |
See all 28 diversifiers for NGREX
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