ASET vs. RULE

Last updated Jun 3, 2026

ASET (FlexShares Real Assets Allocation Index Fund) and RULE (Adaptive Core ETF) are both Diversified Portfolio funds. ASET is passively managed, while RULE is actively managed. ASET charges 0.57%/yr vs 1.10%/yr for RULE.

Performance

ASET vs. RULE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Real Assets Allocation Index Fund (ASET) and Adaptive Core ETF (RULE). 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*: —

RULE

• 1D: 2.91%
• 1M: 20.61%
• YTD: 44.43%
• 6M: 45.11%
• 1Y: 51.95%
• 3Y*: 20.12%
• 5Y*: —
• 10Y*: —

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

ASET vs. RULE - Yearly Performance Comparison

	2026 (YTD)
ASET FlexShares Real Assets Allocation Index Fund	0.00%
RULE Adaptive Core ETF	30.87%

ASET vs. RULE - Sectors Allocation Comparison

Sectors	ASET	RULE
Real Estate	41.6%	0.0%
Industrials	16.3%	13.2%
Utilities	12.8%	0.0%
Communication Services	12.1%	5.0%
Energy	7.8%	2.4%
Basic Materials	5.8%	9.0%
Healthcare	2.2%	6.4%
Consumer Defensive	1.1%	0.8%
Technology	0.2%	54.4%
Consumer Cyclical	0.1%	3.2%
Financial Services	-	5.7%

Return for Risk

ASET vs. RULE — Risk / Return Rank

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

RULE

RULE Risk / Return Rank: 78
RULE Sharpe Ratio Rank: 78
RULE Sortino Ratio Rank: 76
RULE Omega Ratio Rank: 75
RULE Calmar Ratio Rank: 79
RULE Martin Ratio Rank: 82

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. RULE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Real Assets Allocation Index Fund (ASET) and Adaptive Core ETF (RULE). 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	RULE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.46	—

Drawdowns

ASET vs. RULE - Drawdown Comparison

The maximum ASET drawdown since its inception was 0.00%, smaller than the maximum RULE drawdown of -30.48%. Use the drawdown chart below to compare losses from any high point for ASET and RULE.

Drawdown Indicators

	ASET	RULE	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-30.48%	+30.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.65%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.21%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-14.99%	+14.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.09%	—

Volatility

Volatility by Period

	ASET	RULE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	20.25%	-20.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	14.83%	-14.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	14.83%	-14.83%

ASET vs. RULE - Expense Ratio Comparison

ASET has a 0.57% expense ratio, which is lower than RULE's 1.10% expense ratio.

Dividends

ASET vs. RULE - Dividend Comparison

Neither ASET nor RULE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%
RULE Adaptive Core ETF	0.00%	0.00%	0.00%	2.01%	0.01%

Frequently Asked Questions

Which ETF is better, ASET or RULE?

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 RULE?

ASET is cheaper with a 0.57% expense ratio, compared with 1.10% for RULE.

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

ASET and RULE have nearly identical dividend yields, around 0.00%.

What is the main difference between ASET and RULE?

They also come from different issuers: Northern Trust and Mohr Funds. Their fees differ too: 0.57% for ASET and 1.10% for RULE.