RA vs. PAXS
RA (Brookfield Real Assets Income Fund Inc.) and PAXS (PIMCO Access Income Fund) are both Multisector Bonds funds. Over the past 3 years, RA returned 2.48%/yr vs 12.57%/yr for PAXS. At a 0.38 correlation, their price movements are largely independent.
Performance
RA vs. PAXS - Performance Comparison
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Returns By Period
In the year-to-date period, RA achieves a 5.96% return, which is significantly higher than PAXS's 1.46% return.
RA
- 1D
- 0.16%
- 1M
- 3.25%
- 6M
- 5.07%
- YTD
- 5.96%
- 1Y
- 7.22%
- 3Y*
- 2.48%
- 5Y*
- 1.16%
- 10Y*
- —
PAXS
- 1D
- -0.21%
- 1M
- 3.75%
- 6M
- -2.79%
- YTD
- 1.46%
- 1Y
- 8.46%
- 3Y*
- 12.57%
- 5Y*
- —
- 10Y*
- —
RA vs. PAXS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
RA Brookfield Real Assets Income Fund Inc. | 5.96% | 8.32% | 15.87% | -9.02% | -11.54% |
PAXS PIMCO Access Income Fund | 1.46% | 12.58% | 19.51% | 9.30% | -16.66% |
Correlation
The correlation between RA and PAXS is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.38 |
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Return for Risk
RA vs. PAXS — Risk / Return Rank
RA
PAXS
RA vs. PAXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Real Assets Income Fund Inc. (RA) and PIMCO Access Income Fund (PAXS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RA | PAXS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 0.70 | +0.38 |
| Martin ratioReturn relative to average drawdown | 2.91 | 1.80 | +1.10 |
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Drawdowns
RA vs. PAXS - Drawdown Comparison
The maximum RA drawdown since its inception was -50.66%, which is greater than PAXS's maximum drawdown of -22.28%. Use the drawdown chart below to compare losses from any high point for RA and PAXS.
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Drawdown Indicators
| RA | PAXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.66% | -22.28% | -28.38% |
Max Drawdown (1Y)Largest decline over 1 year | -6.73% | -12.10% | +5.37% |
Max Drawdown (3Y)Largest decline over 3 years | -28.42% | -13.40% | -15.02% |
Max Drawdown (5Y)Largest decline over 5 years | -30.83% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -4.00% | +3.23% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -7.51% | -0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 4.70% | -2.20% |
Volatility
RA vs. PAXS - Volatility Comparison
The current volatility for Brookfield Real Assets Income Fund Inc. (RA) is 1.84%, while PIMCO Access Income Fund (PAXS) has a volatility of 2.47%. This indicates that RA experiences smaller price fluctuations and is considered to be less risky than PAXS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RA | PAXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.84% | 2.47% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 6.77% | 9.67% | -2.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.40% | 12.28% | -3.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.56% | 17.30% | +0.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.54% | 17.30% | +3.24% |
Dividends
RA vs. PAXS - Dividend Comparison
RA's dividend yield for the trailing twelve months is around 10.99%, less than PAXS's 12.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PAXS PIMCO Access Income Fund | 12.39% | 11.72% | 11.76% | 12.54% | 13.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RA Brookfield Real Assets Income Fund Inc. | 10.99% | 10.93% | 10.63% | 16.74% | 14.79% | 11.31% | 13.39% | 11.19% | 12.52% | 10.22% | 0.89% |
Frequently Asked Questions
RA and PAXS have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PAXS has higher volatility (2.47%) compared to RA (1.84%). In terms of maximum drawdown, RA dropped -50.66% vs PAXS's -22.28%.
RA currently has the higher Sharpe Ratio (0.87 vs 0.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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