Looking to diversify beyond RERFX? The mutual funds below have the lowest correlation with RERFX — 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 RERFX.
Best Diversifiers for RERFX
2 mutual funds have low correlation with RERFX (below 0.3), 1 of which are negatively correlated. The least correlated is TIAA Real Estate Account (QREARX) (REIT) with a 1Y correlation of -0.11, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.11 | -0.07 | -0.07 | 98 | REIT | RERFX vs QREARX | |
| Redwood Real Estate Income Fund | 0.02 | — | — | 100 | REIT | RERFX vs CREMX | |
| Fidelity Series Real Estate Income Fund | 0.44 | 0.40 | 0.53 | 89 | REIT | RERFX vs FSREX | |
| T. Rowe Price Real Estate Fund Class I | 0.60 | 0.61 | 0.68 | 62 | REIT | RERFX vs REIPX | |
| American Funds The Income Fund of America Class A | 0.73 | 0.75 | 0.78 | 53 | Diversified Portfolio, Dividend | RERFX vs AMECX |
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