DWUS vs. ASET

Last updated Jun 24, 2026

DWUS (AdvisorShares Dorsey Wright FSM US Core ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both Diversified Portfolio funds. DWUS is actively managed, while ASET is passively managed. DWUS charges 1.17%/yr vs 0.57%/yr for ASET.

Performance

DWUS vs. ASET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) and FlexShares Real Assets Allocation Index Fund (ASET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DWUS

• 1D: -3.80%
• 1M: 2.52%
• YTD: 13.47%
• 6M: 11.91%
• 1Y: 22.83%
• 3Y*: 19.90%
• 5Y*: 11.23%
• 10Y*: —

ASET

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

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

DWUS vs. ASET - Yearly Performance Comparison

	2026 (YTD)
DWUS AdvisorShares Dorsey Wright FSM US Core ETF	16.45%
ASET FlexShares Real Assets Allocation Index Fund	0.00%

Return for Risk

DWUS vs. ASET — Risk / Return Rank

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

DWUS

DWUS Risk / Return Rank: 39
DWUS Sharpe Ratio Rank: 38
DWUS Sortino Ratio Rank: 35
DWUS Omega Ratio Rank: 38
DWUS Calmar Ratio Rank: 40
DWUS Martin Ratio Rank: 45

ASET

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

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.

DWUS vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) 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.

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.

	DWUS	ASET	Difference
Sharpe ratio: Return per unit of total volatility	1.28	—	—
Sortino ratio: Return per unit of downside risk	1.76	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.91	—	—
Martin ratio: Return relative to average drawdown	7.03	—	—

Drawdowns

DWUS vs. ASET - Drawdown Comparison

The maximum DWUS drawdown since its inception was -30.47%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for DWUS and ASET.

Drawdown Indicators

	DWUS	ASET	Difference
Max Drawdown Largest peak-to-trough decline	-30.47%	0.00%	-30.47%
Max Drawdown (1Y) Largest decline over 1 year	-11.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.63%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.45%	—	—
Current Drawdown Current decline from peak	-3.80%	0.00%	-3.80%
Average Drawdown Average peak-to-trough decline	-6.82%	0.00%	-6.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	—	—

Volatility

Volatility by Period

	DWUS	ASET	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.02%	0.00%	+18.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.14%	0.00%	+19.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.41%	0.00%	+22.41%

DWUS vs. ASET - Expense Ratio Comparison

DWUS has a 1.17% expense ratio, which is higher than ASET's 0.57% expense ratio.

Dividends

DWUS vs. ASET - Dividend Comparison

DWUS's dividend yield for the trailing twelve months is around 0.03%, while ASET has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DWUS AdvisorShares Dorsey Wright FSM US Core ETF	0.03%	0.03%	0.18%	0.29%	0.89%	0.35%	0.08%

Frequently Asked Questions

Which ETF is better, DWUS or ASET?

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, DWUS or ASET?

ASET is cheaper with a 0.57% expense ratio, compared with 1.17% for DWUS.

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

DWUS has the higher dividend yield at 0.03%, compared with 0.00% for ASET.

What is the main difference between DWUS and ASET?

They also come from different issuers: AdvisorShares and Northern Trust. Their fees differ too: 1.17% for DWUS and 0.57% for ASET.