MGINX vs. AAAAX
Compare and contrast key facts about DWS Global Macro Fund (MGINX) and DWS RREEF Real Assets Fund - Class A (AAAAX).
MGINX is managed by DWS. It was launched on May 14, 1995. AAAAX is managed by DWS. It was launched on Jul 30, 2007.
Performance
MGINX vs. AAAAX - Performance Comparison
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MGINX vs. AAAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGINX DWS Global Macro Fund | 0.35% | 14.73% | 3.56% | 9.15% | -6.87% | 6.36% | 2.26% | 12.61% | 0.33% | 13.65% |
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, MGINX achieves a 0.35% return, which is significantly lower than AAAAX's 9.77% return. Over the past 10 years, MGINX has underperformed AAAAX with an annualized return of 5.90%, while AAAAX has yielded a comparatively higher 7.40% annualized return.
MGINX
- 1D
- 1.61%
- 1M
- -4.70%
- YTD
- 0.35%
- 6M
- 2.57%
- 1Y
- 11.90%
- 3Y*
- 7.37%
- 5Y*
- 4.26%
- 10Y*
- 5.90%
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%
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MGINX vs. AAAAX - Expense Ratio Comparison
MGINX has a 0.79% expense ratio, which is lower than AAAAX's 1.22% expense ratio.
Return for Risk
MGINX vs. AAAAX — Risk / Return Rank
MGINX
AAAAX
MGINX vs. AAAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS Global Macro Fund (MGINX) 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.
| MGINX | AAAAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.52 | 1.57 | -0.05 |
Sortino ratioReturn per unit of downside risk | 2.15 | 2.11 | +0.05 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.32 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.73 | 1.91 | -0.18 |
Martin ratioReturn relative to average drawdown | 7.72 | 10.22 | -2.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MGINX | AAAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 1.57 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.56 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.59 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.38 | +0.08 |
Correlation
The correlation between MGINX and AAAAX 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
MGINX vs. AAAAX - Dividend Comparison
MGINX's dividend yield for the trailing twelve months is around 2.25%, less than AAAAX's 3.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGINX DWS Global Macro Fund | 2.25% | 1.82% | 2.15% | 2.88% | 4.76% | 1.20% | 0.81% | 3.23% | 6.82% | 0.00% | 0.00% | 0.00% |
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
MGINX vs. AAAAX - Drawdown Comparison
The maximum MGINX drawdown since its inception was -63.39%, which is greater than AAAAX's maximum drawdown of -40.47%. Use the drawdown chart below to compare losses from any high point for MGINX and AAAAX.
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Drawdown Indicators
| MGINX | AAAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.39% | -40.47% | -22.92% |
Max Drawdown (1Y)Largest decline over 1 year | -7.01% | -9.55% | +2.54% |
Max Drawdown (5Y)Largest decline over 5 years | -12.16% | -22.62% | +10.46% |
Max Drawdown (10Y)Largest decline over 10 years | -15.12% | -29.41% | +14.29% |
Current DrawdownCurrent decline from peak | -5.25% | -3.53% | -1.72% |
Average DrawdownAverage peak-to-trough decline | -13.83% | -6.89% | -6.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 1.79% | -0.22% |
Volatility
MGINX vs. AAAAX - Volatility Comparison
DWS Global Macro Fund (MGINX) has a higher volatility of 3.52% compared to DWS RREEF Real Assets Fund - Class A (AAAAX) at 3.27%. This indicates that MGINX's price experiences larger fluctuations and is considered to be riskier than AAAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGINX | AAAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 3.27% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 5.88% | 7.26% | -1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.03% | 11.62% | -3.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.67% | 12.19% | -5.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.50% | 12.66% | -5.16% |