ASET vs. MDAA

Last updated Jun 3, 2026

ASET (FlexShares Real Assets Allocation Index Fund) and MDAA (Myriad Dynamic Asset Allocation ETF) are both Diversified Portfolio funds. ASET is passively managed, while MDAA is actively managed. ASET charges 0.57%/yr vs 0.97%/yr for MDAA.

Performance

ASET vs. MDAA - Performance Comparison

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

Returns By Period

ASET

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

MDAA

• 1D: 1.44%
• 1M: 8.38%
• YTD: 23.50%
• 6M: 24.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASET vs. MDAA - Yearly Performance Comparison

	2026 (YTD)
ASET FlexShares Real Assets Allocation Index Fund	0.00%
MDAA Myriad Dynamic Asset Allocation ETF	13.99%

Return for Risk

ASET vs. MDAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Real Assets Allocation Index Fund (ASET) and Myriad Dynamic Asset Allocation ETF (MDAA). 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.

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

Sharpe Ratios by Period

	ASET	MDAA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.57	—

Drawdowns

ASET vs. MDAA - Drawdown Comparison

The maximum ASET drawdown since its inception was 0.00%, smaller than the maximum MDAA drawdown of -14.59%. Use the drawdown chart below to compare losses from any high point for ASET and MDAA.

Drawdown Indicators

	ASET	MDAA	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-14.59%	+14.59%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-2.94%	+2.94%

Volatility

Volatility by Period

	ASET	MDAA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	23.91%	-23.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	23.91%	-23.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	23.91%	-23.91%

ASET vs. MDAA - Expense Ratio Comparison

ASET has a 0.57% expense ratio, which is lower than MDAA's 0.97% expense ratio.

Dividends

ASET vs. MDAA - Dividend Comparison

ASET has not paid dividends to shareholders, while MDAA's dividend yield for the trailing twelve months is around 0.37%.

Position	TTM	2025
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%
MDAA Myriad Dynamic Asset Allocation ETF	0.37%	0.46%

Frequently Asked Questions

Which ETF is better, ASET or MDAA?

On fees, ASET is cheaper at 0.57% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASET or MDAA?

ASET is cheaper with a 0.57% expense ratio, compared with 0.97% for MDAA.

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

MDAA has the higher dividend yield at 0.37%, compared with 0.00% for ASET.

What is the main difference between ASET and MDAA?

They also come from different issuers: Northern Trust and Myriad. Their fees differ too: 0.57% for ASET and 0.97% for MDAA.