PRAFX vs. RMEAX
Compare and contrast key facts about T. Rowe Price Real Assets Fund (PRAFX) and Aspiriant Risk-Managed Equity Allocation Fund (RMEAX).
PRAFX is managed by T. Rowe Price. It was launched on Jul 27, 2010. RMEAX is managed by Aspiriant. It was launched on Apr 3, 2013.
Performance
PRAFX vs. RMEAX - Performance Comparison
Loading graphics...
PRAFX vs. RMEAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRAFX T. Rowe Price Real Assets Fund | 8.88% | 29.51% | 0.32% | 6.65% | -10.24% | 25.74% | 7.02% | 19.62% | -11.55% | 10.48% |
RMEAX Aspiriant Risk-Managed Equity Allocation Fund | -3.38% | 17.69% | 6.55% | 16.31% | -13.67% | 14.78% | 3.98% | 16.82% | -3.75% | 21.78% |
Returns By Period
In the year-to-date period, PRAFX achieves a 8.88% return, which is significantly higher than RMEAX's -3.38% return. Over the past 10 years, PRAFX has outperformed RMEAX with an annualized return of 8.97%, while RMEAX has yielded a comparatively lower 7.46% annualized return.
PRAFX
- 1D
- 2.61%
- 1M
- -8.98%
- YTD
- 8.88%
- 6M
- 13.94%
- 1Y
- 32.97%
- 3Y*
- 13.77%
- 5Y*
- 9.13%
- 10Y*
- 8.97%
RMEAX
- 1D
- 2.28%
- 1M
- -5.36%
- YTD
- -3.38%
- 6M
- 0.23%
- 1Y
- 11.69%
- 3Y*
- 10.67%
- 5Y*
- 6.18%
- 10Y*
- 7.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRAFX vs. RMEAX - Expense Ratio Comparison
PRAFX has a 0.92% expense ratio, which is higher than RMEAX's 0.28% expense ratio.
Return for Risk
PRAFX vs. RMEAX — Risk / Return Rank
PRAFX
RMEAX
PRAFX vs. RMEAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Real Assets Fund (PRAFX) and Aspiriant Risk-Managed Equity Allocation Fund (RMEAX). 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.
| PRAFX | RMEAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.77 | 0.95 | +0.82 |
Sortino ratioReturn per unit of downside risk | 2.26 | 1.41 | +0.85 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.20 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 2.48 | 1.33 | +1.15 |
Martin ratioReturn relative to average drawdown | 9.86 | 5.70 | +4.17 |
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
| PRAFX | RMEAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.77 | 0.95 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.52 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.63 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.54 | -0.19 |
Correlation
The correlation between PRAFX and RMEAX is 0.74, 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
PRAFX vs. RMEAX - Dividend Comparison
PRAFX's dividend yield for the trailing twelve months is around 2.70%, less than RMEAX's 12.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRAFX T. Rowe Price Real Assets Fund | 2.70% | 2.94% | 1.56% | 1.52% | 1.38% | 1.83% | 1.37% | 2.64% | 2.58% | 1.45% | 1.96% | 1.88% |
RMEAX Aspiriant Risk-Managed Equity Allocation Fund | 12.22% | 11.80% | 0.00% | 5.30% | 2.16% | 2.46% | 1.64% | 4.69% | 4.53% | 2.67% | 2.27% | 1.79% |
Drawdowns
PRAFX vs. RMEAX - Drawdown Comparison
The maximum PRAFX drawdown since its inception was -38.05%, which is greater than RMEAX's maximum drawdown of -23.70%. Use the drawdown chart below to compare losses from any high point for PRAFX and RMEAX.
Loading graphics...
Drawdown Indicators
| PRAFX | RMEAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.05% | -23.70% | -14.35% |
Max Drawdown (1Y)Largest decline over 1 year | -13.18% | -9.25% | -3.93% |
Max Drawdown (5Y)Largest decline over 5 years | -26.73% | -21.79% | -4.94% |
Max Drawdown (10Y)Largest decline over 10 years | -38.05% | -23.70% | -14.35% |
Current DrawdownCurrent decline from peak | -8.98% | -6.26% | -2.72% |
Average DrawdownAverage peak-to-trough decline | -8.82% | -4.29% | -4.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 2.16% | +1.15% |
Volatility
PRAFX vs. RMEAX - Volatility Comparison
T. Rowe Price Real Assets Fund (PRAFX) has a higher volatility of 6.99% compared to Aspiriant Risk-Managed Equity Allocation Fund (RMEAX) at 4.68%. This indicates that PRAFX's price experiences larger fluctuations and is considered to be riskier than RMEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PRAFX | RMEAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.99% | 4.68% | +2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 13.54% | 7.67% | +5.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.04% | 12.69% | +6.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.69% | 11.96% | +5.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.14% | 11.81% | +6.33% |