PCAFX vs. AAAAX

Last updated Apr 1, 2026

Compare and contrast key facts about Prospector Capital Appreciation Fund (PCAFX) and DWS RREEF Real Assets Fund - Class A (AAAAX).

PCAFX is managed by Prospector Funds. It was launched on Sep 27, 2007. AAAAX is managed by DWS. It was launched on Jul 30, 2007.

Performance

PCAFX vs. AAAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prospector Capital Appreciation Fund (PCAFX) and DWS RREEF Real Assets Fund - Class A (AAAAX). The values are adjusted to include any dividend payments, if applicable.

PCAFX vs. AAAAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PCAFX Prospector Capital Appreciation Fund	-0.06%	6.59%	10.92%	11.31%	-4.07%	23.15%	6.41%	29.74%	-3.07%	11.40%
AAAAX DWS RREEF Real Assets Fund - Class A	8.59%	12.82%	5.24%	2.30%	-9.91%	23.45%	3.71%	21.42%	-5.36%	14.67%

Returns By Period

PCAFX

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

AAAAX

• 1D: 0.36%
• 1M: -4.37%
• YTD: 8.59%
• 6M: 10.72%
• 1Y: 16.80%
• 3Y*: 9.80%
• 5Y*: 6.74%
• 10Y*: 7.28%

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

PCAFX vs. AAAAX - Expense Ratio Comparison

PCAFX has a 1.25% expense ratio, which is higher than AAAAX's 1.22% expense ratio.

PCAFX

Prospector Capital Appreciation Fund

AAAAX

DWS RREEF Real Assets Fund - Class A

Return for Risk

PCAFX vs. AAAAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAAAX

AAAAX Risk / Return Rank: 81
AAAAX Sharpe Ratio Rank: 81
AAAAX Sortino Ratio Rank: 80
AAAAX Omega Ratio Rank: 79
AAAAX Calmar Ratio Rank: 77
AAAAX Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PCAFX vs. AAAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prospector Capital Appreciation Fund (PCAFX) 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.

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

Sharpe Ratios by Period

	PCAFX	AAAAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.49	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.38	—

Correlation

The correlation between PCAFX and AAAAX is 0.78, 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

PCAFX vs. AAAAX - Dividend Comparison

PCAFX's dividend yield for the trailing twelve months is around 43.17%, more than AAAAX's 3.26% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PCAFX Prospector Capital Appreciation Fund	43.17%	43.14%	4.56%	3.06%	6.01%	12.94%	2.00%	11.61%	4.55%	6.15%	1.31%	2.56%
AAAAX DWS RREEF Real Assets Fund - Class A	3.26%	3.54%	2.45%	2.08%	4.17%	2.31%	1.33%	1.81%	1.61%	1.52%	1.47%	2.15%

Drawdowns

Drawdown Indicators

	PCAFX	AAAAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-40.47%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.41%	—
Current Drawdown Current decline from peak	—	-4.57%	—
Average Drawdown Average peak-to-trough decline	—	-6.89%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.77%	—

Volatility

Volatility by Period

	PCAFX	AAAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.60%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	12.18%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.66%	—