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Third Avenue Real Estate Value Fund (TAREX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks long-term capital appreciation. The fund seeks to achieve its objective primarily by investing in equity securities, including common stocks and convertible securities, of well-financed real estate and real estate-related companies, or in companies which own significant real estate assets or derive a significant portion of gross revenues or net profits from real estate-related companies at the time of investment. Under normal circumstances, at least 80% of the fund's net assets (plus the amount of any borrowing for investment purposes) will be invested in securities of real estate and real estate-related companies.

Looking to diversify beyond TAREX? The mutual funds below have the lowest correlation with TAREX — 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 TAREX.

Best Diversifiers for TAREX

2 mutual funds have low correlation with TAREX (below 0.3), 2 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QREARX
TIAA Real Estate Account-0.20——
98
REITTAREX vs QREARX
CREMX
Redwood Real Estate Income Fund-0.01——
100
REITTAREX vs CREMX
FSREX
Fidelity Series Real Estate Income Fund0.570.520.65
89
REITTAREX vs FSREX
TAVFX
Third Avenue Value Fund0.580.640.66
71
Global EquitiesTAREX vs TAVFX
TASCX
Third Avenue Small Cap Value Fund0.650.720.74
80
Small Cap Value EquitiesTAREX vs TASCX

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Diversification Analysis

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