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ASET vs. GAL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ASET vs. GAL

Last updated Jun 24, 2026

ASET (FlexShares Real Assets Allocation Index Fund) and GAL (SPDR SSgA Global Allocation ETF) are both Diversified Portfolio funds. ASET is passively managed, while GAL is actively managed. ASET charges 0.57%/yr vs 0.35%/yr for GAL.

Performance

ASET vs. GAL - Performance Comparison

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

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Returns By Period

ASET

1D
0.00%
1M
0.00%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

GAL

1D
-1.50%
1M
-0.51%
YTD
7.11%
6M
6.63%
1Y
17.25%
3Y*
13.27%
5Y*
6.68%
10Y*
8.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ASET vs. GAL - Yearly Performance Comparison

2026 (YTD)
ASET
FlexShares Real Assets Allocation Index Fund		0.00%
GAL
SPDR SSgA Global Allocation ETF		5.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FlexShares Real Assets Allocation Index Fund

SPDR SSgA Global Allocation ETF

Often compared with ASET:
ASET vs. MOODASET vs. NRIIXASET vs. GABFASET vs. NFRAASET vs. SCHDASET vs. RLYASET vs. RAA
Often compared with GAL:
GAL vs. AORGAL vs. AOAGAL vs. FLBRGAL vs. DFEGAL vs. REMGAL vs. PICKGAL vs. HNDL

Return for Risk

ASET vs. GAL — Risk / Return Rank

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

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

GAL
GAL Risk / Return Rank: 6161
Overall Rank
GAL Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
GAL Sortino Ratio Rank: 5858
Sortino Ratio Rank
GAL Omega Ratio Rank: 6161
Omega Ratio Rank
GAL Calmar Ratio Rank: 6060
Calmar Ratio Rank
GAL Martin Ratio Rank: 6666
Martin Ratio Rank
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.

ASET vs. GAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Real Assets Allocation Index Fund (ASET) and SPDR SSgA Global Allocation ETF (GAL). 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.

ASETGALDifference
Sharpe ratioReturn per unit of total volatility

—

1.86

—

Sortino ratioReturn per unit of downside risk

—

2.60

—

Omega ratioGain probability vs. loss probability

—

1.35

—

Calmar ratioReturn relative to maximum drawdown

—

2.76

—

Martin ratioReturn relative to average drawdown

—

11.45

—

ASET vs. GAL - Sharpe Ratio Comparison

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Drawdowns

ASET vs. GAL - Drawdown Comparison

The maximum ASET drawdown since its inception was 0.00%, smaller than the maximum GAL drawdown of -28.31%. Use the drawdown chart below to compare losses from any high point for ASET and GAL.

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Drawdown Indicators

ASETGALDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-28.31%

+28.31%

Max Drawdown (1Y)

Largest decline over 1 year

—

-6.27%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-9.12%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-21.14%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-28.31%

—

Current Drawdown

Current decline from peak

0.00%

-2.04%

+2.04%

Average Drawdown

Average peak-to-trough decline

0.00%

-3.73%

+3.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.51%

—

Volatility

ASET vs. GAL - Volatility Comparison

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Volatility by Period

ASETGALDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

3.74%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

7.70%

—

Volatility (1Y)

Calculated over the trailing 1-year period

0.00%

9.33%

-9.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.00%

10.52%

-10.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.00%

11.39%

-11.39%

ASET vs. GAL - Expense Ratio Comparison

ASET has a 0.57% expense ratio, which is higher than GAL's 0.35% expense ratio.

Dividends

ASET vs. GAL - Dividend Comparison

ASET has not paid dividends to shareholders, while GAL's dividend yield for the trailing twelve months is around 3.17%.

PositionTTM20252024202320222021202020192018201720162015
ASET
FlexShares Real Assets Allocation Index Fund		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GAL
SPDR SSgA Global Allocation ETF		3.17%3.47%2.99%2.56%6.19%4.05%2.14%2.96%2.43%2.26%2.43%3.10%

Frequently Asked Questions

On fees, GAL is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

GAL is cheaper with a 0.35% expense ratio, compared with 0.57% for ASET.

GAL has the higher dividend yield at 3.17%, compared with 0.00% for ASET.

They also come from different issuers: Northern Trust and State Street. Their fees differ too: 0.57% for ASET and 0.35% for GAL.

Portfolio Optimizer

Find the right allocation for ASET and GAL

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