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GAL vs. ASET
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GAL vs. ASET

Last updated Jun 24, 2026

GAL (SPDR SSgA Global Allocation ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both Diversified Portfolio funds. GAL is actively managed, while ASET is passively managed. GAL charges 0.35%/yr vs 0.57%/yr for ASET.

Performance

GAL vs. ASET - Performance Comparison

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

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Returns By Period

GAL

1D
-1.50%
1M
-0.51%
YTD
7.11%
6M
6.63%
1Y
17.25%
3Y*
13.27%
5Y*
6.68%
10Y*
8.25%

ASET

1D
0.00%
1M
0.00%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

GAL vs. ASET - Yearly Performance Comparison

2026 (YTD)
GAL
SPDR SSgA Global Allocation ETF		5.08%
ASET
FlexShares Real Assets Allocation Index Fund		0.00%

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SPDR SSgA Global Allocation ETF

FlexShares Real Assets Allocation Index Fund

Often compared with GAL:
GAL vs. AORGAL vs. AOAGAL vs. FLBRGAL vs. DFEGAL vs. REMGAL vs. PICKGAL vs. HNDL
Often compared with ASET:
ASET vs. MOODASET vs. NRIIXASET vs. GABFASET vs. NFRAASET vs. SCHDASET vs. RLYASET vs. RAA

Return for Risk

GAL vs. ASET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GAL
GAL Risk / Return Rank: 6161
Overall Rank
GAL Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
GAL Sortino Ratio Rank: 5858
Sortino Ratio Rank
GAL Omega Ratio Rank: 6161
Omega Ratio Rank
GAL Calmar Ratio Rank: 6060
Calmar Ratio Rank
GAL Martin Ratio Rank: 6666
Martin Ratio Rank
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.

GAL vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR SSgA Global Allocation ETF (GAL) 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.

GALASETDifference
Sharpe ratioReturn per unit of total volatility
1.86

—

—

Sortino ratioReturn per unit of downside risk
2.60

—

—

Omega ratioGain probability vs. loss probability

1.35

—

—

Calmar ratioReturn relative to maximum drawdown

2.76

—

—

Martin ratioReturn relative to average drawdown

11.45

—

—

GAL vs. ASET - Sharpe Ratio Comparison

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Drawdowns

GAL vs. ASET - Drawdown Comparison

The maximum GAL drawdown since its inception was -28.31%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GAL and ASET.

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Drawdown Indicators

GALASETDifference

Max Drawdown

Largest peak-to-trough decline

-28.31%

0.00%

-28.31%

Max Drawdown (1Y)

Largest decline over 1 year

-6.27%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-9.12%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-21.14%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-28.31%

—

—

Current Drawdown

Current decline from peak

-2.04%

0.00%

-2.04%

Average Drawdown

Average peak-to-trough decline

-3.73%

0.00%

-3.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.51%

—

—

Volatility

GAL vs. ASET - Volatility Comparison

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Volatility by Period

GALASETDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.74%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

7.70%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

9.33%

0.00%

+9.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.52%

0.00%

+10.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.39%

0.00%

+11.39%

GAL vs. ASET - Expense Ratio Comparison

GAL has a 0.35% expense ratio, which is lower than ASET's 0.57% expense ratio.

Dividends

GAL vs. ASET - Dividend Comparison

GAL's dividend yield for the trailing twelve months is around 3.17%, while ASET has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
ASET
FlexShares Real Assets Allocation Index Fund		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GAL
SPDR SSgA Global Allocation ETF		3.17%3.47%2.99%2.56%6.19%4.05%2.14%2.96%2.43%2.26%2.43%3.10%

Frequently Asked Questions

On fees, GAL is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

GAL is cheaper with a 0.35% expense ratio, compared with 0.57% for ASET.

GAL has the higher dividend yield at 3.17%, compared with 0.00% for ASET.

They also come from different issuers: State Street and Northern Trust. Their fees differ too: 0.35% for GAL and 0.57% for ASET.

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