MCNAX vs. AAAAX
Compare and contrast key facts about Madison Conservative Allocation Fund (MCNAX) and DWS RREEF Real Assets Fund - Class A (AAAAX).
MCNAX is managed by Madison Funds. It was launched on Jun 29, 2006. AAAAX is managed by DWS. It was launched on Jul 30, 2007.
Performance
MCNAX vs. AAAAX - Performance Comparison
Loading graphics...
MCNAX vs. AAAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCNAX Madison Conservative Allocation Fund | -0.98% | 9.31% | 4.55% | 7.96% | -13.79% | 2.97% | 9.16% | 12.44% | -2.98% | 9.68% |
AAAAX DWS RREEF Real Assets Fund - Class A | 9.77% | 12.82% | 5.24% | 2.30% | -9.91% | 23.45% | 3.71% | 21.42% | -5.36% | 14.67% |
Returns By Period
In the year-to-date period, MCNAX achieves a -0.98% return, which is significantly lower than AAAAX's 9.77% return. Over the past 10 years, MCNAX has underperformed AAAAX with an annualized return of 3.78%, while AAAAX has yielded a comparatively higher 7.40% annualized return.
MCNAX
- 1D
- 0.80%
- 1M
- -3.61%
- YTD
- -0.98%
- 6M
- 0.45%
- 1Y
- 6.69%
- 3Y*
- 5.72%
- 5Y*
- 1.76%
- 10Y*
- 3.78%
AAAAX
- 1D
- 1.09%
- 1M
- -3.53%
- YTD
- 9.77%
- 6M
- 11.84%
- 1Y
- 17.50%
- 3Y*
- 10.19%
- 5Y*
- 6.78%
- 10Y*
- 7.40%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MCNAX vs. AAAAX - Expense Ratio Comparison
MCNAX has a 0.71% expense ratio, which is lower than AAAAX's 1.22% expense ratio.
Return for Risk
MCNAX vs. AAAAX — Risk / Return Rank
MCNAX
AAAAX
MCNAX vs. AAAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Conservative Allocation Fund (MCNAX) and DWS RREEF Real Assets Fund - Class A (AAAAX). 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.
| MCNAX | AAAAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 1.57 | -0.54 |
Sortino ratioReturn per unit of downside risk | 1.47 | 2.11 | -0.64 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.32 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 1.91 | -0.52 |
Martin ratioReturn relative to average drawdown | 5.49 | 10.22 | -4.73 |
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
| MCNAX | AAAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 1.57 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.56 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.59 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.38 | +0.16 |
Correlation
The correlation between MCNAX and AAAAX is 0.77, 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
MCNAX vs. AAAAX - Dividend Comparison
MCNAX's dividend yield for the trailing twelve months is around 2.37%, less than AAAAX's 3.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCNAX Madison Conservative Allocation Fund | 2.37% | 2.63% | 2.81% | 2.40% | 1.49% | 6.65% | 7.32% | 3.75% | 5.24% | 4.24% | 3.43% | 4.51% |
AAAAX DWS RREEF Real Assets Fund - Class A | 3.23% | 3.54% | 2.45% | 2.08% | 4.17% | 2.31% | 1.33% | 1.81% | 1.61% | 1.52% | 1.47% | 2.15% |
Drawdowns
MCNAX vs. AAAAX - Drawdown Comparison
The maximum MCNAX drawdown since its inception was -27.65%, smaller than the maximum AAAAX drawdown of -40.47%. Use the drawdown chart below to compare losses from any high point for MCNAX and AAAAX.
Loading graphics...
Drawdown Indicators
| MCNAX | AAAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.65% | -40.47% | +12.82% |
Max Drawdown (1Y)Largest decline over 1 year | -5.10% | -9.55% | +4.45% |
Max Drawdown (5Y)Largest decline over 5 years | -22.20% | -22.62% | +0.42% |
Max Drawdown (10Y)Largest decline over 10 years | -22.20% | -29.41% | +7.21% |
Current DrawdownCurrent decline from peak | -4.16% | -3.53% | -0.63% |
Average DrawdownAverage peak-to-trough decline | -4.45% | -6.89% | +2.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 1.79% | -0.49% |
Volatility
MCNAX vs. AAAAX - Volatility Comparison
The current volatility for Madison Conservative Allocation Fund (MCNAX) is 2.84%, while DWS RREEF Real Assets Fund - Class A (AAAAX) has a volatility of 3.27%. This indicates that MCNAX experiences smaller price fluctuations and is considered to be less risky than AAAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MCNAX | AAAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.84% | 3.27% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 4.21% | 7.26% | -3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.74% | 11.62% | -4.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.57% | 12.19% | -4.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.79% | 12.66% | -5.87% |