MOOD vs. ASET
Compare and contrast key facts about Relative Sentiment Tactical Allocation ETF (MOOD) and FlexShares Real Assets Allocation Index Fund (ASET).
MOOD and ASET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOOD is an actively managed fund by Relative Sentiment. It was launched on May 18, 2022. ASET is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Real Assets Allocation Total Return. It was launched on Nov 23, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOOD or ASET.
Key characteristics
| MOOD | ASET | |
|---|---|---|
| YTD Return | 16.08% | 6.31% |
| 1Y Return | 24.22% | 17.59% |
| Sharpe Ratio | 2.81 | 1.29 |
| Sortino Ratio | 3.93 | 1.88 |
| Omega Ratio | 1.54 | 1.23 |
| Calmar Ratio | 4.17 | 0.83 |
| Martin Ratio | 19.84 | 6.77 |
| Ulcer Index | 1.18% | 2.22% |
| Daily Std Dev | 8.31% | 11.61% |
| Max Drawdown | -14.34% | -36.50% |
| Current Drawdown | -0.10% | -3.82% |
Correlation
The correlation between MOOD and ASET is 0.83, 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.
Performance
MOOD vs. ASET - Performance Comparison
In the year-to-date period, MOOD achieves a 16.08% return, which is significantly higher than ASET's 6.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MOOD vs. ASET - Expense Ratio Comparison
MOOD has a 0.68% expense ratio, which is higher than ASET's 0.57% expense ratio.
Risk-Adjusted Performance
MOOD vs. ASET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Relative Sentiment Tactical Allocation ETF (MOOD) 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.
Dividends
MOOD vs. ASET - Dividend Comparison
MOOD's dividend yield for the trailing twelve months is around 1.16%, less than ASET's 2.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
MOOD Relative Sentiment Tactical Allocation ETF | 1.16% | 1.34% | 1.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ASET FlexShares Real Assets Allocation Index Fund | 2.75% | 2.88% | 2.70% | 2.49% | 2.08% | 3.08% | 3.04% | 2.26% | 3.29% | 1.11% |
Drawdowns
MOOD vs. ASET - Drawdown Comparison
The maximum MOOD drawdown since its inception was -14.34%, smaller than the maximum ASET drawdown of -36.50%. Use the drawdown chart below to compare losses from any high point for MOOD and ASET. For additional features, visit the drawdowns tool.
Volatility
MOOD vs. ASET - Volatility Comparison
The current volatility for Relative Sentiment Tactical Allocation ETF (MOOD) is 1.92%, while FlexShares Real Assets Allocation Index Fund (ASET) has a volatility of 2.68%. This indicates that MOOD experiences smaller price fluctuations and is considered to be less risky than ASET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.