BMAX.TO vs. ASET
BMAX.TO (Brompton Enhanced Multi-Asset Income ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both Diversified Portfolio funds. At a correlation of -0.28, they often move in opposite directions. BMAX.TO charges 2.62%/yr vs 0.57%/yr for ASET.
Performance
BMAX.TO vs. ASET - Performance Comparison
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Different Trading Currencies
BMAX.TO is traded in CAD, while ASET is traded in USD. To make them comparable, the ASET values have been converted to CAD using the latest available exchange rates.
Returns By Period
BMAX.TO
- 1D
- -0.03%
- 1M
- 4.64%
- YTD
- 9.27%
- 6M
- 9.79%
- 1Y
- 22.18%
- 3Y*
- 18.63%
- 5Y*
- —
- 10Y*
- —
ASET
- 1D
- 0.41%
- 1M
- 2.00%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BMAX.TO vs. ASET - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BMAX.TO Brompton Enhanced Multi-Asset Income ETF | 5.31% |
ASET FlexShares Real Assets Allocation Index Fund | 1.65% |
Correlation
The correlation between BMAX.TO and ASET is -0.28, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 9, 2026 | -0.28 |
BMAX.TO vs. ASET - Sectors Allocation Comparison
Sectors
BMAX.TO
ASET
Financial Services
-
Technology
Healthcare
Industrials
Energy
Consumer Defensive
Utilities
Communication Services
Basic Materials
Consumer Cyclical
Real Estate
Financial Services
BMAX.TO
ASET
-
Technology
BMAX.TO
ASET
Healthcare
BMAX.TO
ASET
Industrials
BMAX.TO
ASET
Energy
BMAX.TO
ASET
Consumer Defensive
BMAX.TO
ASET
Utilities
BMAX.TO
ASET
Communication Services
BMAX.TO
ASET
Basic Materials
BMAX.TO
ASET
Consumer Cyclical
BMAX.TO
ASET
Real Estate
BMAX.TO
ASET
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Return for Risk
BMAX.TO vs. ASET — Risk / Return Rank
BMAX.TO
ASET
BMAX.TO vs. ASET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brompton Enhanced Multi-Asset Income ETF (BMAX.TO) and FlexShares Real Assets Allocation Index Fund (ASET). 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.
| BMAX.TO | ASET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.38 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | — | — |
| Martin ratioReturn relative to average drawdown | 10.46 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BMAX.TO | ASET | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.38 | 1.31 | +0.07 |
Drawdowns
BMAX.TO vs. ASET - Drawdown Comparison
The maximum BMAX.TO drawdown since its inception was -15.42%, which is greater than ASET's maximum drawdown of -2.45%. Use the drawdown chart below to compare losses from any high point for BMAX.TO and ASET.
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Drawdown Indicators
| BMAX.TO | ASET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.42% | -2.45% | -12.97% |
Max Drawdown (1Y)Largest decline over 1 year | -9.35% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -15.42% | — | — |
Current DrawdownCurrent decline from peak | -0.96% | -0.19% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -1.90% | -0.88% | -1.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | — | — |
Volatility
BMAX.TO vs. ASET - Volatility Comparison
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Volatility by Period
| BMAX.TO | ASET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.81% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.62% | 4.29% | +6.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.13% | 4.29% | +8.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.13% | 4.29% | +8.84% |
BMAX.TO vs. ASET - Expense Ratio Comparison
BMAX.TO has a 2.62% expense ratio, which is higher than ASET's 0.57% expense ratio.
Dividends
BMAX.TO vs. ASET - Dividend Comparison
BMAX.TO's dividend yield for the trailing twelve months is around 9.59%, while ASET has not 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% |
BMAX.TO Brompton Enhanced Multi-Asset Income ETF | 9.59% | 9.70% | 9.64% | 9.55% | 2.41% |
Frequently Asked Questions
BMAX.TO and ASET have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
ASET is cheaper with a 0.57% expense ratio, compared with 2.62% for BMAX.TO.
They also come from different issuers: Brompton Funds and Northern Trust. Their fees differ too: 2.62% for BMAX.TO and 0.57% for ASET.
Find the right allocation for BMAX.TO and ASET
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