Correlation
The correlation between ASET and RLY is 0.63, 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.
ASET vs. RLY
Compare and contrast key facts about FlexShares Real Assets Allocation Index Fund (ASET) and SPDR SSgA Multi-Asset Real Return ETF (RLY).
ASET and RLY 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. RLY 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 RLY.
Performance
ASET vs. RLY - Performance Comparison
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Key characteristics
ASET:
0.67
RLY:
0.29
ASET:
1.00
RLY:
0.36
ASET:
1.13
RLY:
1.05
ASET:
0.69
RLY:
0.26
ASET:
2.29
RLY:
0.92
ASET:
3.96%
RLY:
2.86%
ASET:
13.86%
RLY:
12.87%
ASET:
-36.50%
RLY:
-37.74%
ASET:
-0.44%
RLY:
-0.63%
Returns By Period
In the year-to-date period, ASET achieves a 9.25% return, which is significantly higher than RLY's 5.74% return.
ASET
9.25%
3.28%
2.06%
9.18%
2.04%
7.69%
N/A
RLY
5.74%
2.66%
0.89%
3.72%
0.97%
12.07%
4.59%
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ASET vs. RLY - Expense Ratio Comparison
ASET has a 0.57% expense ratio, which is higher than RLY's 0.50% expense ratio.
Risk-Adjusted Performance
ASET vs. RLY — Risk-Adjusted Performance Rank
ASET
RLY
ASET vs. RLY - 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 Multi-Asset Real Return ETF (RLY). 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.
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Dividends
ASET vs. RLY - Dividend Comparison
ASET's dividend yield for the trailing twelve months is around 3.40%, more than RLY's 3.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASET FlexShares Real Assets Allocation Index Fund | 3.40% | 3.71% | 2.88% | 2.70% | 2.49% | 2.08% | 3.08% | 3.04% | 2.26% | 3.29% | 1.11% | 0.00% |
RLY SPDR SSgA Multi-Asset Real Return ETF | 3.02% | 3.31% | 3.71% | 5.66% | 12.15% | 2.16% | 3.45% | 2.76% | 1.85% | 2.07% | 1.80% | 1.89% |
Drawdowns
ASET vs. RLY - Drawdown Comparison
The maximum ASET drawdown since its inception was -36.50%, roughly equal to the maximum RLY drawdown of -37.74%. Use the drawdown chart below to compare losses from any high point for ASET and RLY.
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Volatility
ASET vs. RLY - Volatility Comparison
FlexShares Real Assets Allocation Index Fund (ASET) has a higher volatility of 3.20% compared to SPDR SSgA Multi-Asset Real Return ETF (RLY) at 2.48%. This indicates that ASET's price experiences larger fluctuations and is considered to be riskier than RLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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