ASET vs. NFRA
Compare and contrast key facts about FlexShares Real Assets Allocation Index Fund (ASET) and FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA).
ASET and NFRA 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. NFRA is a passively managed fund by FlexShares that tracks the performance of the STOXX Global Broad Infrastructure Index. It was launched on Oct 8, 2013. Both ASET and NFRA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASET or NFRA.
Key characteristics
| ASET | NFRA | |
|---|---|---|
| YTD Return | 4.72% | 9.31% |
| 1Y Return | 15.14% | 20.41% |
| 3Y Return (Ann) | 0.41% | 2.34% |
| 5Y Return (Ann) | 3.87% | 4.36% |
| Sharpe Ratio | 1.31 | 1.88 |
| Sortino Ratio | 1.90 | 2.69 |
| Omega Ratio | 1.23 | 1.34 |
| Calmar Ratio | 0.83 | 1.54 |
| Martin Ratio | 6.79 | 11.32 |
| Ulcer Index | 2.24% | 1.78% |
| Daily Std Dev | 11.66% | 10.72% |
| Max Drawdown | -36.50% | -32.49% |
| Current Drawdown | -5.26% | -3.69% |
Correlation
The correlation between ASET and NFRA is 0.77, 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. NFRA - Performance Comparison
In the year-to-date period, ASET achieves a 4.72% return, which is significantly lower than NFRA's 9.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ASET vs. NFRA - Expense Ratio Comparison
ASET has a 0.57% expense ratio, which is higher than NFRA's 0.47% expense ratio.
Risk-Adjusted Performance
ASET vs. NFRA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Real Assets Allocation Index Fund (ASET) and FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA). 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. NFRA - Dividend Comparison
ASET's dividend yield for the trailing twelve months is around 2.79%, more than NFRA's 2.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASET FlexShares Real Assets Allocation Index Fund | 2.79% | 2.88% | 2.70% | 2.49% | 2.08% | 3.08% | 3.04% | 2.26% | 3.29% | 1.11% | 0.00% | 0.00% |
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund | 2.45% | 2.57% | 2.28% | 2.71% | 2.22% | 2.27% | 3.06% | 2.81% | 2.98% | 2.47% | 3.01% | 0.14% |
Drawdowns
ASET vs. NFRA - Drawdown Comparison
The maximum ASET drawdown since its inception was -36.50%, which is greater than NFRA's maximum drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for ASET and NFRA. For additional features, visit the drawdowns tool.
Volatility
ASET vs. NFRA - Volatility Comparison
FlexShares Real Assets Allocation Index Fund (ASET) has a higher volatility of 2.83% compared to FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) at 2.58%. This indicates that ASET's price experiences larger fluctuations and is considered to be riskier than NFRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.