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AAAAX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AAAAXSPY
YTD Return9.85%23.55%
1Y Return21.75%41.88%
3Y Return (Ann)1.21%9.84%
5Y Return (Ann)5.88%15.74%
10Y Return (Ann)4.71%13.19%
Sharpe Ratio2.173.62
Sortino Ratio3.104.77
Omega Ratio1.411.68
Calmar Ratio1.014.11
Martin Ratio11.7823.79
Ulcer Index1.90%1.83%
Daily Std Dev10.30%12.04%
Max Drawdown-40.48%-55.19%
Current Drawdown-5.07%-0.48%

Correlation

-0.50.00.51.00.7

The correlation between AAAAX and SPY is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

AAAAX vs. SPY - Performance Comparison

In the year-to-date period, AAAAX achieves a 9.85% return, which is significantly lower than SPY's 23.55% return. Over the past 10 years, AAAAX has underperformed SPY with an annualized return of 4.71%, while SPY has yielded a comparatively higher 13.19% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%MayJuneJulyAugustSeptemberOctober
11.12%
16.63%
AAAAX
SPY

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AAAAX vs. SPY - Expense Ratio Comparison

AAAAX has a 1.22% expense ratio, which is higher than SPY's 0.09% expense ratio.


AAAAX
DWS RREEF Real Assets Fund - Class A
Expense ratio chart for AAAAX: current value at 1.22% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.22%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

AAAAX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS RREEF Real Assets Fund - Class A (AAAAX) and SPDR S&P 500 ETF (SPY). 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.


AAAAX
Sharpe ratio
The chart of Sharpe ratio for AAAAX, currently valued at 2.17, compared to the broader market-2.000.002.004.002.17
Sortino ratio
The chart of Sortino ratio for AAAAX, currently valued at 3.10, compared to the broader market0.005.0010.003.10
Omega ratio
The chart of Omega ratio for AAAAX, currently valued at 1.41, compared to the broader market1.002.003.004.001.41
Calmar ratio
The chart of Calmar ratio for AAAAX, currently valued at 1.01, compared to the broader market0.005.0010.0015.0020.001.01
Martin ratio
The chart of Martin ratio for AAAAX, currently valued at 11.78, compared to the broader market0.0020.0040.0060.0080.00100.0011.78
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 3.62, compared to the broader market-2.000.002.004.003.62
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 4.77, compared to the broader market0.005.0010.004.77
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.68, compared to the broader market1.002.003.004.001.68
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 4.11, compared to the broader market0.005.0010.0015.0020.004.11
Martin ratio
The chart of Martin ratio for SPY, currently valued at 23.79, compared to the broader market0.0020.0040.0060.0080.00100.0023.79

AAAAX vs. SPY - Sharpe Ratio Comparison

The current AAAAX Sharpe Ratio is 2.17, which is lower than the SPY Sharpe Ratio of 3.62. The chart below compares the historical Sharpe Ratios of AAAAX and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00MayJuneJulyAugustSeptemberOctober
2.17
3.62
AAAAX
SPY

Dividends

AAAAX vs. SPY - Dividend Comparison

AAAAX's dividend yield for the trailing twelve months is around 1.92%, more than SPY's 1.20% yield.


TTM20232022202120202019201820172016201520142013
AAAAX
DWS RREEF Real Assets Fund - Class A
1.92%2.08%4.17%2.31%1.33%1.81%1.61%1.52%1.47%2.15%2.94%1.34%
SPY
SPDR S&P 500 ETF
1.20%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

AAAAX vs. SPY - Drawdown Comparison

The maximum AAAAX drawdown since its inception was -40.48%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AAAAX and SPY. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptemberOctober
-5.07%
-0.48%
AAAAX
SPY

Volatility

AAAAX vs. SPY - Volatility Comparison

The current volatility for DWS RREEF Real Assets Fund - Class A (AAAAX) is 1.99%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.67%. This indicates that AAAAX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%MayJuneJulyAugustSeptemberOctober
1.99%
2.67%
AAAAX
SPY