DWAT vs. ASET

Last updated Apr 1, 2026

Compare and contrast key facts about Arrow DWA Tactical ETF (DWAT) and FlexShares Real Assets Allocation Index Fund (ASET).

DWAT and ASET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DWAT is an actively managed fund by Arrow Funds. It was launched on Oct 1, 2014. 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.

Performance

DWAT vs. ASET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arrow DWA Tactical ETF (DWAT) and FlexShares Real Assets Allocation Index Fund (ASET). The values are adjusted to include any dividend payments, if applicable.

DWAT vs. ASET - Yearly Performance Comparison

	2026 (YTD)
DWAT Arrow DWA Tactical ETF	0.00%
ASET FlexShares Real Assets Allocation Index Fund	0.00%

Returns By Period

DWAT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASET

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DWAT vs. ASET - Expense Ratio Comparison

DWAT has a 1.66% expense ratio, which is higher than ASET's 0.57% expense ratio.

DWAT

Arrow DWA Tactical ETF

ASET

FlexShares Real Assets Allocation Index Fund

Return for Risk

DWAT vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arrow DWA Tactical ETF (DWAT) 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.

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

Dividends

DWAT vs. ASET - Dividend Comparison

Neither DWAT nor ASET has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

DWAT vs. ASET - Drawdown Comparison

The maximum DWAT drawdown since its inception was 0.00%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for DWAT and ASET.

Drawdown Indicators

	DWAT	ASET	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	0.00%	0.00%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	0.00%	0.00%

Volatility

Volatility by Period

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