ASET vs. GAL
Compare and contrast key facts about FlexShares Real Assets Allocation Index Fund (ASET) and SPDR SSgA Global Allocation ETF (GAL).
ASET and GAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASET is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Real Assets Allocation Total Return. It was launched on Nov 23, 2015. GAL is an actively managed fund by State Street. It was launched on Apr 25, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASET or GAL.
Correlation
The correlation between ASET and GAL 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
ASET vs. GAL - Performance Comparison
Key characteristics
ASET:
0.29
GAL:
1.37
ASET:
0.46
GAL:
1.90
ASET:
1.06
GAL:
1.25
ASET:
0.23
GAL:
2.30
ASET:
1.18
GAL:
8.47
ASET:
2.76%
GAL:
1.34%
ASET:
11.18%
GAL:
8.30%
ASET:
-36.50%
GAL:
-28.31%
ASET:
-8.61%
GAL:
-1.76%
Returns By Period
In the year-to-date period, ASET achieves a 1.02% return, which is significantly lower than GAL's 10.96% return.
ASET
1.02%
-4.99%
1.35%
1.52%
2.72%
N/A
GAL
10.96%
-0.27%
4.66%
11.39%
5.95%
5.72%
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ASET vs. GAL - Expense Ratio Comparison
ASET has a 0.57% expense ratio, which is higher than GAL's 0.35% expense ratio.
Risk-Adjusted Performance
ASET vs. GAL - Risk-Adjusted Performance 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.
Dividends
ASET vs. GAL - Dividend Comparison
ASET's dividend yield for the trailing twelve months is around 1.99%, more than GAL's 1.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASET FlexShares Real Assets Allocation Index Fund | 1.99% | 2.88% | 2.70% | 2.49% | 2.08% | 3.08% | 3.04% | 2.26% | 3.29% | 1.11% | 0.00% | 0.00% |
GAL SPDR SSgA Global Allocation ETF | 1.90% | 2.56% | 6.19% | 4.05% | 2.14% | 2.96% | 2.43% | 2.26% | 2.43% | 3.10% | 3.36% | 2.50% |
Drawdowns
ASET vs. GAL - Drawdown Comparison
The maximum ASET drawdown since its inception was -36.50%, which is greater than GAL's maximum drawdown of -28.31%. Use the drawdown chart below to compare losses from any high point for ASET and GAL. For additional features, visit the drawdowns tool.
Volatility
ASET vs. GAL - Volatility Comparison
FlexShares Real Assets Allocation Index Fund (ASET) has a higher volatility of 3.88% compared to SPDR SSgA Global Allocation ETF (GAL) at 2.46%. This indicates that ASET's price experiences larger fluctuations and is considered to be riskier than GAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.