PDPAX vs. WARAX
Compare and contrast key facts about Virtus Duff & Phelps Real Asset Fund (PDPAX) and Allspring Absolute Return Fund (WARAX).
PDPAX is managed by Virtus. It was launched on Nov 29, 2005. WARAX is managed by Allspring Global Investments. It was launched on Feb 29, 2012.
Performance
PDPAX vs. WARAX - Performance Comparison
Loading graphics...
PDPAX vs. WARAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDPAX Virtus Duff & Phelps Real Asset Fund | 7.17% | 15.90% | 9.45% | 4.73% | -2.66% | 21.15% | -3.18% | 16.84% | -9.35% | 8.15% |
WARAX Allspring Absolute Return Fund | 14.79% | 8.07% | 5.93% | 12.53% | -2.75% | 2.25% | -3.25% | 11.65% | -5.78% | 12.11% |
Returns By Period
In the year-to-date period, PDPAX achieves a 7.17% return, which is significantly lower than WARAX's 14.79% return. Over the past 10 years, PDPAX has outperformed WARAX with an annualized return of 7.22%, while WARAX has yielded a comparatively lower 5.60% annualized return.
PDPAX
- 1D
- 0.18%
- 1M
- -5.75%
- YTD
- 7.17%
- 6M
- 8.32%
- 1Y
- 18.47%
- 3Y*
- 12.38%
- 5Y*
- 9.88%
- 10Y*
- 7.22%
WARAX
- 1D
- 0.48%
- 1M
- 1.12%
- YTD
- 14.79%
- 6M
- 17.82%
- 1Y
- 21.60%
- 3Y*
- 13.03%
- 5Y*
- 7.02%
- 10Y*
- 5.60%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PDPAX vs. WARAX - Expense Ratio Comparison
PDPAX has a 0.81% expense ratio, which is higher than WARAX's 0.70% expense ratio.
Return for Risk
PDPAX vs. WARAX — Risk / Return Rank
PDPAX
WARAX
PDPAX vs. WARAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Duff & Phelps Real Asset Fund (PDPAX) and Allspring Absolute Return Fund (WARAX). 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.
| PDPAX | WARAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.54 | 2.45 | -0.91 |
Sortino ratioReturn per unit of downside risk | 2.05 | 3.28 | -1.22 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.45 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.86 | 4.34 | -2.48 |
Martin ratioReturn relative to average drawdown | 9.54 | 10.20 | -0.66 |
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
| PDPAX | WARAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 2.45 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.93 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.71 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.59 | -0.28 |
Correlation
The correlation between PDPAX and WARAX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PDPAX vs. WARAX - Dividend Comparison
PDPAX's dividend yield for the trailing twelve months is around 1.66%, less than WARAX's 1.74% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDPAX Virtus Duff & Phelps Real Asset Fund | 1.66% | 1.77% | 3.65% | 2.08% | 1.06% | 0.76% | 0.68% | 3.09% | 2.38% | 1.92% | 0.80% | 1.13% |
WARAX Allspring Absolute Return Fund | 1.74% | 2.00% | 10.90% | 2.80% | 2.34% | 3.23% | 3.34% | 3.38% | 2.66% | 1.77% | 0.76% | 1.35% |
Drawdowns
PDPAX vs. WARAX - Drawdown Comparison
The maximum PDPAX drawdown since its inception was -43.40%, which is greater than WARAX's maximum drawdown of -23.16%. Use the drawdown chart below to compare losses from any high point for PDPAX and WARAX.
Loading graphics...
Drawdown Indicators
| PDPAX | WARAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.40% | -23.16% | -20.24% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -5.06% | -5.11% |
Max Drawdown (5Y)Largest decline over 5 years | -18.87% | -14.64% | -4.23% |
Max Drawdown (10Y)Largest decline over 10 years | -32.24% | -23.16% | -9.08% |
Current DrawdownCurrent decline from peak | -5.80% | -0.24% | -5.56% |
Average DrawdownAverage peak-to-trough decline | -7.67% | -3.88% | -3.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 2.15% | -0.17% |
Volatility
PDPAX vs. WARAX - Volatility Comparison
Virtus Duff & Phelps Real Asset Fund (PDPAX) and Allspring Absolute Return Fund (WARAX) have volatilities of 3.74% and 3.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PDPAX | WARAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 3.66% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 7.24% | 7.21% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.34% | 8.83% | +3.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.12% | 7.60% | +5.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.85% | 7.91% | +4.94% |