AAAA vs. ASET

Last updated Aug 1, 2026

AAAA (Amplius Aggressive Asset Allocation ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both Diversified Portfolio funds. AAAA is actively managed, while ASET is passively managed. AAAA charges 0.49%/yr vs 0.57%/yr for ASET.

Performance

AAAA vs. ASET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplius Aggressive Asset Allocation ETF (AAAA) and FlexShares Real Assets Allocation Index Fund (ASET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AAAA

• 1D: 0.49%
• 1M: -0.51%
• 6M: 8.52%
• YTD: 10.46%
• 1Y: 21.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.71%

ASET

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AAAA Amplius Aggressive Asset Allocation ETF	$412.45K	$297.74K	$187.39K
ASET FlexShares Real Assets Allocation Index Fund	$0.00	$0.00	$0.00

AAAA vs. ASET - Yearly Performance Comparison

	2026 (YTD)
AAAA Amplius Aggressive Asset Allocation ETF	9.47%
ASET FlexShares Real Assets Allocation Index Fund	0.00%

Return for Risk

AAAA vs. ASET — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AAAA

AAAA Risk / Return Rank: 74
AAAA Sharpe Ratio Rank: 73
AAAA Sortino Ratio Rank: 73
AAAA Omega Ratio Rank: 72
AAAA Calmar Ratio Rank: 72
AAAA Martin Ratio Rank: 80

ASET

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AAAA vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplius Aggressive Asset Allocation ETF (AAAA) and FlexShares Real Assets Allocation Index Fund (ASET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAAA	ASET	Difference
Sharpe ratio: Return per unit of total volatility	1.66	—	—
Sortino ratio: Return per unit of downside risk	2.35	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.54	—	—
Martin ratio: Return relative to average drawdown	10.55	—	—

Drawdowns

AAAA vs. ASET - Drawdown Comparison

The maximum AAAA drawdown since its inception was -7.83%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for AAAA and ASET.

Drawdown Indicators

	AAAA	ASET	Difference
Max Drawdown Largest peak-to-trough decline	-7.83%	0.00%	-7.83%
Max Drawdown (1Y) Largest decline over 1 year	-7.83%	—	—
Current Drawdown Current decline from peak	-2.26%	0.00%	-2.26%
Average Drawdown Average peak-to-trough decline	-1.14%	0.00%	-1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	—	—

Volatility

Volatility by Period

	AAAA	ASET	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.84%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	0.00%	+11.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.76%	0.00%	+11.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.76%	0.00%	+11.76%

AAAA vs. ASET - Expense Ratio Comparison

AAAA has a 0.49% expense ratio, which is lower than ASET's 0.57% expense ratio.

Dividends

AAAA vs. ASET - Dividend Comparison

AAAA's dividend yield for the trailing twelve months is around 1.30%, while ASET has not paid dividends to shareholders.

Position	TTM	2025
AAAA Amplius Aggressive Asset Allocation ETF	1.30%	0.79%
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, AAAA or ASET?

On fees, AAAA is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAAA or ASET?

AAAA is cheaper with a 0.49% expense ratio, compared with 0.57% for ASET.

Which ETF pays a higher dividend yield, AAAA or ASET?

AAAA has the higher dividend yield at 1.30%, compared with 0.00% for ASET.

What is the main difference between AAAA and ASET?

They also come from different issuers: Amplius and Northern Trust. Their fees differ too: 0.49% for AAAA and 0.57% for ASET.