Looking to diversify beyond REIPX? The mutual funds below have historically moved differently from REIPX, 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 REIPX
2 mutual funds have low correlation with REIPX (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 | -0.13 | — | — | 99 | REIT | REIPX vs QREARX | |
| Redwood Real Estate Income Fund | 0.01 | — | — | 100 | REIT | REIPX vs CREMX | |
| Fidelity Series Real Estate Income Fund | 0.45 | 0.38 | 0.53 | 87 | REIT | REIPX vs FSREX | |
| abrdn Realty Income & Growth Fund | 0.49 | 0.62 | 0.66 | 82 | REIT | REIPX vs AIGYX | |
| MainStay CBRE Real Estate Fund | 0.51 | 0.63 | 0.67 | 53 | REIT | REIPX vs CRARX |
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