RAAX vs. QUAL
Compare and contrast key facts about VanEck Inflation Allocation ETF (RAAX) and iShares Edge MSCI USA Quality Factor ETF (QUAL).
RAAX and QUAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RAAX is an actively managed fund by VanEck. It was launched on Apr 9, 2018. QUAL is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality Index. It was launched on Jul 16, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RAAX or QUAL.
Correlation
The correlation between RAAX and QUAL is 0.49, 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.
Performance
RAAX vs. QUAL - Performance Comparison
Key characteristics
RAAX:
0.93
QUAL:
1.92
RAAX:
1.33
QUAL:
2.66
RAAX:
1.16
QUAL:
1.35
RAAX:
1.06
QUAL:
3.22
RAAX:
5.07
QUAL:
11.82
RAAX:
2.43%
QUAL:
2.08%
RAAX:
13.18%
QUAL:
12.78%
RAAX:
-33.91%
QUAL:
-34.06%
RAAX:
-6.49%
QUAL:
-3.68%
Returns By Period
In the year-to-date period, RAAX achieves a 11.28% return, which is significantly lower than QUAL's 23.21% return.
RAAX
11.28%
-4.79%
4.87%
11.85%
6.47%
N/A
QUAL
23.21%
-0.51%
4.92%
23.49%
13.79%
12.90%
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RAAX vs. QUAL - Expense Ratio Comparison
RAAX has a 0.78% expense ratio, which is higher than QUAL's 0.15% expense ratio.
Risk-Adjusted Performance
RAAX vs. QUAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Inflation Allocation ETF (RAAX) and iShares Edge MSCI USA Quality Factor ETF (QUAL). 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
RAAX vs. QUAL - Dividend Comparison
RAAX's dividend yield for the trailing twelve months is around 3.29%, more than QUAL's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RAAX VanEck Inflation Allocation ETF | 3.29% | 3.66% | 1.52% | 8.72% | 6.27% | 2.37% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QUAL iShares Edge MSCI USA Quality Factor ETF | 1.06% | 1.23% | 1.59% | 1.20% | 1.39% | 1.60% | 2.00% | 1.76% | 1.96% | 1.63% | 1.35% | 0.63% |
Drawdowns
RAAX vs. QUAL - Drawdown Comparison
The maximum RAAX drawdown since its inception was -33.91%, roughly equal to the maximum QUAL drawdown of -34.06%. Use the drawdown chart below to compare losses from any high point for RAAX and QUAL. For additional features, visit the drawdowns tool.
Volatility
RAAX vs. QUAL - Volatility Comparison
VanEck Inflation Allocation ETF (RAAX) has a higher volatility of 3.79% compared to iShares Edge MSCI USA Quality Factor ETF (QUAL) at 3.45%. This indicates that RAAX's price experiences larger fluctuations and is considered to be riskier than QUAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.