MDAA vs. ASET

Last updated Jul 12, 2026

MDAA (Myriad Dynamic Asset Allocation ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both Diversified Portfolio funds. MDAA is actively managed, while ASET is passively managed. MDAA charges 0.97%/yr vs 0.57%/yr for ASET.

Performance

MDAA vs. ASET - Performance Comparison

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

Returns By Period

MDAA

• 1D: 0.45%
• 1M: -0.45%
• 6M: 12.47%
• YTD: 17.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASET

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

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

MDAA vs. ASET - Yearly Performance Comparison

	2026 (YTD)
MDAA Myriad Dynamic Asset Allocation ETF	11.38%
ASET FlexShares Real Assets Allocation Index Fund	0.00%

Return for Risk

MDAA vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Myriad Dynamic Asset Allocation ETF (MDAA) 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.

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

Drawdowns

MDAA vs. ASET - Drawdown Comparison

The maximum MDAA drawdown since its inception was -14.59%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MDAA and ASET.

Drawdown Indicators

	MDAA	ASET	Difference
Max Drawdown Largest peak-to-trough decline	-14.59%	0.00%	-14.59%
Current Drawdown Current decline from peak	-5.17%	0.00%	-5.17%
Average Drawdown Average peak-to-trough decline	-3.21%	0.00%	-3.21%

Volatility

Volatility by Period

	MDAA	ASET	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.82%	0.00%	+24.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.82%	0.00%	+24.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.82%	0.00%	+24.82%

MDAA vs. ASET - Expense Ratio Comparison

MDAA has a 0.97% expense ratio, which is higher than ASET's 0.57% expense ratio.

Dividends

MDAA vs. ASET - Dividend Comparison

MDAA's dividend yield for the trailing twelve months is around 0.39%, while ASET has not paid dividends to shareholders.

Position	TTM	2025
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%
MDAA Myriad Dynamic Asset Allocation ETF	0.39%	0.46%

Frequently Asked Questions

Which ETF is better, MDAA 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, MDAA or ASET?

ASET is cheaper with a 0.57% expense ratio, compared with 0.97% for MDAA.

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

MDAA has the higher dividend yield at 0.39%, compared with 0.00% for ASET.

What is the main difference between MDAA and ASET?

They also come from different issuers: Myriad and Northern Trust. Their fees differ too: 0.97% for MDAA and 0.57% for ASET.