Neuberger Berman Real Estate Securities Income Fund (NRO) belongs to the REIT category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NRO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NRO
Among 111 mutual funds in the REIT category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| CBRE Global Real Estate Income Fund | 0.04% | — | Feb 2004 | NRO vs IGR | |
| Fidelity SAI Real Estate Index Fund | 0.07% | — | Feb 2016 | NRO vs FESIX | |
| Fidelity Real Estate Index Fund | 0.07% | — | Aug 2011 | NRO vs FSRNX | |
| Vanguard Real Estate II Index Fund | 0.08% | — | Sep 2017 | NRO vs VRTPX | |
| Vanguard Global ex-U.S. Real Estate Index Fund Ins... | 0.11% | — | Apr 2011 | NRO vs VGRNX |
Best Risk-Adjusted Alternatives to NRO
NRO has a PortfoliosLab risk / return rank of 10. There are 106 mutual funds in the REIT category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 100 | — | Jun 2023 | NRO vs CREMX | |
| TIAA Real Estate Account | 99 | — | Oct 1995 | NRO vs QREARX | |
| T. Rowe Price Real Estate Fund Class I | 91 | — | Sep 2001 | NRO vs REIPX | |
| Fidelity Series Real Estate Income Fund | 87 | — | Oct 2011 | NRO vs FSREX | |
| abrdn Realty Income & Growth Fund | 82 | — | Dec 1998 | NRO vs AIGYX |
Top Performing NRO Alternatives (YTD)
NRO is at 6.81% YTD. There are 85 mutual funds in the REIT category with higher YTD returns, going as high as 22.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM US Real Estate Fund | 22.21% | — | Dec 2010 | NRO vs PJEZX | |
| abrdn Realty Income & Growth Fund | 21.63% | — | Dec 1998 | NRO vs AIGYX | |
| VY CBRE Real Estate Portfolio | 20.91% | — | Jan 1989 | NRO vs IVRSX | |
| Virtus Duff & Phelps Real Estate Securities Fund | 20.77% | — | Mar 1995 | NRO vs PHRAX | |
| Columbia Real Estate Equity Fund | 20.76% | — | Apr 1994 | NRO vs CREEX |
Lowest Volatility Alternatives to NRO
NRO has 14.97% 1-year volatility. There are 102 mutual funds in the REIT category with lower 1-year volatility, going as low as 0.44%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 0.44% | — | Jun 2023 | NRO vs CREMX | |
| TIAA Real Estate Account | 0.99% | — | Oct 1995 | NRO vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.48% | — | Oct 2011 | NRO vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.77% | — | Jun 2014 | NRO vs GRIFX | |
| Fidelity Real Estate Income Fund | 4.21% | — | Feb 2003 | NRO vs FRIFX |
Lowest Drawdown Alternatives to NRO
NRO has a 1-year max drawdown of -11.61%. There are 89 mutual funds in the REIT category with shallower 1-year drawdowns, going as shallow as -0.04%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | -0.04% | — | Jun 2023 | NRO vs CREMX | |
| TIAA Real Estate Account | -0.29% | — | Oct 1995 | NRO vs QREARX | |
| Apollo Diversified Real Estate Fund Class I | -1.70% | — | Jun 2014 | NRO vs GRIFX | |
| Fidelity Series Real Estate Income Fund | -2.06% | — | Oct 2011 | NRO vs FSREX | |
| Fidelity Real Estate Income Fund | -3.42% | — | Feb 2003 | NRO vs FRIFX |
Other Mutual Funds from Neuberger Berman
The 10 most viewed Neuberger Berman mutual funds shown here include NBGNX, NML, NLSIX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Neuberger Berman Genesis Fund | Small Cap Growth Equities | 17 | 12.58% | — | Sep 1988 | NRO vs NBGNX | |
| Neuberger Berman MLP | MLPs, Energy Equities | 71 | 28.84% | — | Mar 2013 | NRO vs NML | |
| Neuberger Berman Long Short Fund | Long-Short | 12 | 0.35% | — | Dec 2011 | NRO vs NLSIX | |
| Neuberger Berman Strategic Income Fund | Multisector Bonds | 37 | -0.16% | — | Jul 2003 | NRO vs NSTLX | |
| Neuberger Berman Guardian Fund | Large Cap Growth Equities | 12 | 2.19% | — | Jun 1950 | NRO vs NGUAX | |
| Neuberger Berman Large Cap Value Fund | Large Cap Value Equities | 96 | 20.16% | — | Jan 1975 | NRO vs NPRTX | |
| Neuberger Berman Next Generation Connectivity Fund | Technology Equities | 11 | 8.28% | — | May 2021 | NRO vs NBXG | |
| Neuberger Berman Mid Cap Growth Fund | Mid Cap Growth Equities | 3 | 2.39% | — | Mar 1979 | NRO vs NMANX | |
| Neuberger Berman Intrinsic Value Fund | Small Cap Blend Equities | 84 | 19.29% | — | May 2010 | NRO vs NINLX | |
| Neuberger Berman Sustainable Equity Fund | Large Cap Blend Equities | 65 | 11.52% | — | Mar 1994 | NRO vs NBSRX |
Often Compared With NRO
Investors most often compare NRO with RMM, RA, BST. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare NRO with Any Fund or Stock
Compare NRO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NRO with funds that move differently
Neuberger Berman Real Estate Securities Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NRO.
Explore NRO Diversifiers