AAAAX vs. T

Last updated Apr 1, 2026

Compare and contrast key facts about DWS RREEF Real Assets Fund - Class A (AAAAX) and AT&T Inc. (T).

AAAAX is managed by DWS. It was launched on Jul 30, 2007.

Performance

AAAAX vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS RREEF Real Assets Fund - Class A (AAAAX) and AT&T Inc. (T). The values are adjusted to include any dividend payments, if applicable.

AAAAX vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AAAAX DWS RREEF Real Assets Fund - Class A	8.59%	12.82%	5.24%	2.30%	-9.91%	23.45%	3.71%	21.42%	-5.36%	14.67%
T AT&T Inc.	18.07%	13.97%	44.08%	-2.74%	5.76%	-8.09%	-21.37%	45.55%	-22.25%	-4.01%

Returns By Period

In the year-to-date period, AAAAX achieves a 8.59% return, which is significantly lower than T's 18.07% return. Over the past 10 years, AAAAX has outperformed T with an annualized return of 7.28%, while T has yielded a comparatively lower 5.86% annualized return.

AAAAX

• 1D: 0.36%
• 1M: -4.37%
• YTD: 8.59%
• 6M: 10.72%
• 1Y: 16.80%
• 3Y*: 9.80%
• 5Y*: 6.74%
• 10Y*: 7.28%

T

• 1D: 0.73%
• 1M: 3.50%
• YTD: 18.07%
• 6M: 4.97%
• 1Y: 6.99%
• 3Y*: 21.14%
• 5Y*: 11.20%
• 10Y*: 5.86%

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

Return for Risk

AAAAX vs. T — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAAAX

AAAAX Risk / Return Rank: 81
AAAAX Sharpe Ratio Rank: 81
AAAAX Sortino Ratio Rank: 80
AAAAX Omega Ratio Rank: 79
AAAAX Calmar Ratio Rank: 77
AAAAX Martin Ratio Rank: 89

T

T Risk / Return Rank: 49
T Sharpe Ratio Rank: 54
T Sortino Ratio Rank: 45
T Omega Ratio Rank: 44
T Calmar Ratio Rank: 51
T Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAAAX vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS RREEF Real Assets Fund - Class A (AAAAX) and AT&T Inc. (T). 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	T	Difference
Sharpe ratio Return per unit of total volatility	1.49	0.31	+1.17
Sortino ratio Return per unit of downside risk	2.00	0.58	+1.42
Omega ratio Gain probability vs. loss probability	1.30	1.07	+0.23
Calmar ratio Return relative to maximum drawdown	1.80	0.36	+1.44
Martin ratio Return relative to average drawdown	9.69	0.81	+8.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AAAAX vs. T - Sharpe Ratio Comparison

The current AAAAX Sharpe Ratio is 1.49, which is higher than the T Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of AAAAX and T, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AAAAX	T	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	0.31	+1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.47	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.25	+0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.40	-0.02

Correlation

The correlation between AAAAX and T is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AAAAX vs. T - Dividend Comparison

AAAAX's dividend yield for the trailing twelve months is around 3.26%, less than T's 3.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAAAX DWS RREEF Real Assets Fund - Class A	3.26%	3.54%	2.45%	2.08%	4.17%	2.31%	1.33%	1.81%	1.61%	1.52%	1.47%	2.15%
T AT&T Inc.	3.83%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%

Drawdowns

AAAAX vs. T - Drawdown Comparison

The maximum AAAAX drawdown since its inception was -40.47%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for AAAAX and T.

Drawdown Indicators

	AAAAX	T	Difference
Max Drawdown Largest peak-to-trough decline	-40.47%	-64.15%	+23.68%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-20.60%	+11.05%
Max Drawdown (5Y) Largest decline over 5 years	-22.62%	-36.68%	+14.06%
Max Drawdown (10Y) Largest decline over 10 years	-29.41%	-42.35%	+12.94%
Current Drawdown Current decline from peak	-4.57%	-0.38%	-4.19%
Average Drawdown Average peak-to-trough decline	-6.89%	-15.74%	+8.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	9.06%	-7.29%

Volatility

AAAAX vs. T - Volatility Comparison

The current volatility for DWS RREEF Real Assets Fund - Class A (AAAAX) is 3.03%, while AT&T Inc. (T) has a volatility of 6.70%. This indicates that AAAAX experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAAAX	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	6.70%	-3.67%
Volatility (6M) Calculated over the trailing 6-month period	7.22%	16.42%	-9.20%
Volatility (1Y) Calculated over the trailing 1-year period	11.60%	22.39%	-10.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.18%	23.82%	-11.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.66%	23.49%	-10.83%