GMWAX vs. RAPZX
Compare and contrast key facts about GMO Global Asset Allocation Fund (GMWAX) and Cohen & Steers Real Assets Fund Inc (RAPZX).
GMWAX is managed by GMO. It was launched on Oct 21, 1996. RAPZX is managed by Cohen & Steers. It was launched on Jan 30, 2012.
Performance
GMWAX vs. RAPZX - Performance Comparison
Loading graphics...
GMWAX vs. RAPZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMWAX GMO Global Asset Allocation Fund | 1.62% | 23.40% | 0.23% | 16.17% | -12.71% | 7.03% | 6.15% | 17.70% | -7.21% | 15.73% |
RAPZX Cohen & Steers Real Assets Fund Inc | 10.26% | 11.96% | 4.35% | 3.88% | -2.05% | 23.51% | -0.84% | 17.77% | -8.44% | 6.51% |
Returns By Period
In the year-to-date period, GMWAX achieves a 1.62% return, which is significantly lower than RAPZX's 10.26% return. Over the past 10 years, GMWAX has underperformed RAPZX with an annualized return of 6.66%, while RAPZX has yielded a comparatively higher 7.09% annualized return.
GMWAX
- 1D
- 0.10%
- 1M
- -6.59%
- YTD
- 1.62%
- 6M
- 7.26%
- 1Y
- 21.34%
- 3Y*
- 11.75%
- 5Y*
- 5.45%
- 10Y*
- 6.66%
RAPZX
- 1D
- 0.25%
- 1M
- -2.41%
- YTD
- 10.26%
- 6M
- 7.91%
- 1Y
- 16.67%
- 3Y*
- 10.27%
- 5Y*
- 8.74%
- 10Y*
- 7.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GMWAX vs. RAPZX - Expense Ratio Comparison
GMWAX has a 0.00% expense ratio, which is lower than RAPZX's 0.80% expense ratio.
Return for Risk
GMWAX vs. RAPZX — Risk / Return Rank
GMWAX
RAPZX
GMWAX vs. RAPZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Global Asset Allocation Fund (GMWAX) and Cohen & Steers Real Assets Fund Inc (RAPZX). 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.
| GMWAX | RAPZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.05 | 1.41 | +0.64 |
Sortino ratioReturn per unit of downside risk | 2.77 | 1.77 | +1.00 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.30 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.54 | 1.94 | +0.60 |
Martin ratioReturn relative to average drawdown | 10.61 | 8.99 | +1.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GMWAX | RAPZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 1.41 | +0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.68 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.56 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.34 | -0.05 |
Correlation
The correlation between GMWAX and RAPZX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GMWAX vs. RAPZX - Dividend Comparison
GMWAX's dividend yield for the trailing twelve months is around 4.80%, more than RAPZX's 1.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMWAX GMO Global Asset Allocation Fund | 4.80% | 4.88% | 0.14% | 5.47% | 3.78% | 6.16% | 4.00% | 4.00% | 3.77% | 2.50% | 2.25% | 3.13% |
RAPZX Cohen & Steers Real Assets Fund Inc | 1.31% | 1.44% | 3.20% | 2.71% | 3.08% | 9.61% | 1.71% | 2.85% | 2.06% | 1.76% | 2.83% | 2.00% |
Drawdowns
GMWAX vs. RAPZX - Drawdown Comparison
The maximum GMWAX drawdown since its inception was -41.69%, which is greater than RAPZX's maximum drawdown of -30.69%. Use the drawdown chart below to compare losses from any high point for GMWAX and RAPZX.
Loading graphics...
Drawdown Indicators
| GMWAX | RAPZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.69% | -30.69% | -11.00% |
Max Drawdown (1Y)Largest decline over 1 year | -8.00% | -8.84% | +0.84% |
Max Drawdown (5Y)Largest decline over 5 years | -22.47% | -19.31% | -3.16% |
Max Drawdown (10Y)Largest decline over 10 years | -25.12% | -30.69% | +5.57% |
Current DrawdownCurrent decline from peak | -6.65% | -2.88% | -3.77% |
Average DrawdownAverage peak-to-trough decline | -11.29% | -8.16% | -3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.91% | 1.90% | +0.01% |
Volatility
GMWAX vs. RAPZX - Volatility Comparison
GMO Global Asset Allocation Fund (GMWAX) has a higher volatility of 3.79% compared to Cohen & Steers Real Assets Fund Inc (RAPZX) at 2.90%. This indicates that GMWAX's price experiences larger fluctuations and is considered to be riskier than RAPZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GMWAX | RAPZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 2.90% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 6.51% | 9.10% | -2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.42% | 12.24% | -1.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.93% | 12.86% | -2.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.28% | 12.81% | -2.53% |