Looking to diversify beyond NGREX? The mutual funds below have the lowest correlation with NGREX — 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 NGREX.
Best Diversifiers for NGREX
3 mutual funds have low correlation with NGREX (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.25 | — | — | 98 | REIT | NGREX vs QREARX | |
| Redwood Real Estate Income Fund | 0.03 | -0.01 | -0.01 | 100 | REIT | NGREX vs CREMX | |
| Northern Tax-Advantaged U-S Fixed Income | 0.25 | 0.18 | 0.16 | 90 | Ultrashort Bond | NGREX vs NTAUX | |
| Northern Stock Index Fund | 0.44 | 0.56 | 0.65 | 67 | Large Cap Blend Equities | NGREX vs NOSIX | |
| Northern Large Cap Core Fund | 0.44 | 0.56 | 0.64 | 77 | Large Cap Blend Equities | NGREX vs NOLCX |
See all 12 diversifiers for NGREX
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