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 112 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 Real Estate Index Fund Institutional Shar... | 0.10% | 69.90B | Dec 2003 | NRO vs VGSNX |
Best Risk-Adjusted Alternatives to NRO
NRO has a PortfoliosLab risk / return rank of 4. There are 107 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 | 98 | — | Oct 1995 | NRO vs QREARX | |
| Fidelity Series Real Estate Income Fund | 88 | — | Oct 2011 | NRO vs FSREX | |
| T. Rowe Price Real Estate Fund Class I | 62 | — | Sep 2001 | NRO vs REIPX | |
| Fidelity Advisor Real Estate Income Fund Class Z | 47 | — | Oct 2018 | NRO vs FIKMX |
Top Performing NRO Alternatives (YTD)
NRO is at 1.50% YTD. There are 96 mutual funds in the REIT category with higher YTD returns, going as high as 12.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| LDR Real Estate Value Opportunity Fund | 12.65% | — | Dec 2002 | NRO vs HLRRX | |
| MainStay CBRE Real Estate Fund | 12.22% | — | Dec 1996 | NRO vs CRARX | |
| PGIM US Real Estate Fund | 12.19% | — | Dec 2010 | NRO vs PJEZX | |
| BlackRock Real Estate Securities Fund | 11.70% | — | Sep 2012 | NRO vs BIREX | |
| American Funds Real Estate Index Fund Class R-6 | 11.70% | — | Mar 2023 | NRO vs RERFX |
Lowest Volatility Alternatives to NRO
NRO has 13.47% 1-year volatility. There are 90 mutual funds in the REIT category with lower 1-year volatility, going as low as 0.43%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | 0.43% | — | Jun 2023 | NRO vs CREMX | |
| TIAA Real Estate Account | 0.77% | — | Oct 1995 | NRO vs QREARX | |
| Fidelity Series Real Estate Income Fund | 2.47% | — | Oct 2011 | NRO vs FSREX | |
| Apollo Diversified Real Estate Fund Class I | 3.59% | — | Jun 2014 | NRO vs GRIFX | |
| Fidelity Advisor Real Estate Income Fund Class A | 4.03% | — | Apr 2010 | NRO vs FRINX |
Lowest Drawdown Alternatives to NRO
NRO has a 1-year max drawdown of -11.61%. There are 91 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 | -0.37% | — | 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 | 6 | 5.92% | — | Sep 1988 | NRO vs NBGNX | |
| Neuberger Berman MLP | MLPs, Energy Equities | 33 | 21.38% | — | Mar 2013 | NRO vs NML | |
| Neuberger Berman Long Short Fund | Long-Short | 20 | 2.54% | — | Dec 2011 | NRO vs NLSIX | |
| Neuberger Berman Strategic Income Fund | Multisector Bonds | 41 | 0.76% | — | Jul 2003 | NRO vs NSTLX | |
| Neuberger Berman Guardian Fund | Large Cap Growth Equities | 24 | 7.47% | — | Jun 1950 | NRO vs NGUAX | |
| Neuberger Berman Large Cap Value Fund | Large Cap Value Equities | 93 | 17.25% | — | Jan 1975 | NRO vs NPRTX | |
| Neuberger Berman Mid Cap Growth Fund | Mid Cap Growth Equities | 7 | 10.30% | — | Mar 1979 | NRO vs NMANX | |
| Neuberger Berman Next Generation Connectivity Fund | Technology Equities | 41 | 21.56% | — | May 2021 | NRO vs NBXG | |
| Neuberger Berman Intrinsic Value Fund | Small Cap Blend Equities | 86 | 22.52% | — | May 2010 | NRO vs NINLX | |
| Neuberger Berman Sustainable Equity Fund | Large Cap Blend Equities | 56 | 11.64% | — | Mar 1994 | NRO vs NBSRX |
Often Compared With NRO
Investors most often compare NRO with RA, RLTY, RMM. These 20 comparison targets span 8 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