ASET vs. SPLS

Last updated Jun 24, 2026

ASET (FlexShares Real Assets Allocation Index Fund) and SPLS (PIMCO U.S. Stocks PLUS Active Bond ETF) are both Diversified Portfolio funds. ASET is passively managed, while SPLS is actively managed. ASET charges 0.57%/yr vs 0.18%/yr for SPLS.

Performance

ASET vs. SPLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Real Assets Allocation Index Fund (ASET) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). 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*: —

SPLS

• 1D: -1.47%
• 1M: -1.28%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASET vs. SPLS - Yearly Performance Comparison

	2026 (YTD)
ASET FlexShares Real Assets Allocation Index Fund	0.00%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	9.12%

Return for Risk

ASET vs. SPLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Real Assets Allocation Index Fund (ASET) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

ASET vs. SPLS - Drawdown Comparison

The maximum ASET drawdown since its inception was 0.00%, smaller than the maximum SPLS drawdown of -9.24%. Use the drawdown chart below to compare losses from any high point for ASET and SPLS.

Drawdown Indicators

	ASET	SPLS	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-9.24%	+9.24%
Current Drawdown Current decline from peak	0.00%	-3.05%	+3.05%
Average Drawdown Average peak-to-trough decline	0.00%	-1.87%	+1.87%

Volatility

Volatility by Period

	ASET	SPLS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	15.61%	-15.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	15.61%	-15.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	15.61%	-15.61%

ASET vs. SPLS - Expense Ratio Comparison

ASET has a 0.57% expense ratio, which is higher than SPLS's 0.18% expense ratio.

Dividends

ASET vs. SPLS - Dividend Comparison

ASET has not paid dividends to shareholders, while SPLS's dividend yield for the trailing twelve months is around 0.22%.

Position	TTM
ASET FlexShares Real Assets Allocation Index Fund	0.00%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	0.22%

Frequently Asked Questions

Which ETF is better, ASET or SPLS?

On fees, SPLS is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASET or SPLS?

SPLS is cheaper with a 0.18% expense ratio, compared with 0.57% for ASET.

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

SPLS has the higher dividend yield at 0.22%, compared with 0.00% for ASET.

What is the main difference between ASET and SPLS?

They also come from different issuers: Northern Trust and PIMCO. Their fees differ too: 0.57% for ASET and 0.18% for SPLS.