Looking to diversify beyond RPFRX? The mutual funds below have historically moved differently from RPFRX, 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 RPFRX
3 mutual funds have low correlation with RPFRX (below 0.3), 1 of which are negatively correlated. The least correlated is TIAA Real Estate Account (QREARX) (REIT) with a 1Y correlation of -0.23, roughly unchanged from -0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.23 | -0.16 | -0.16 | 99 | REIT | RPFRX vs QREARX | |
| Redwood Real Estate Income Fund | 0.01 | — | — | 100 | REIT | RPFRX vs CREMX | |
| Davis Government Bond Fund | 0.14 | 0.20 | 0.18 | 78 | Government Bonds | RPFRX vs RFBAX | |
| Vanguard 500 Index Fund Admiral Shares | 0.30 | 0.46 | 0.58 | 59 | S&P 500, Large Cap Blend Equities | RPFRX vs VFIAX | |
| Fidelity Series Real Estate Income Fund | 0.41 | 0.46 | 0.62 | 85 | REIT | RPFRX vs FSREX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for RPFRX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Alibaba Group Holding Limited (BABA) (Consumer Cyclical) with a 1Y correlation of 0.08, down from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alibaba Group Holding Limited | 0.08 | 0.19 | 0.22 | 50 | Consumer Cyclical | |
| Apple Inc | 0.25 | 0.27 | 0.39 | 90 | Technology | |
| Omega Healthcare Investors, Inc. | 0.34 | 0.48 | 0.53 | 86 | Real Estate | |
| Cohen & Steers Quality Income Realty Fund, Inc. | 0.72 | 0.79 | 0.82 | 66 | Financial Services |
Build a portfolio that complements RPFRX
Add RPFRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with RPFRX