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RAPZX vs. FFAAX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

RAPZX vs. FFAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Real Assets Fund Inc (RAPZX) and Franklin Global Allocation Fund (FFAAX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RAPZX achieves a 10.26% return, which is significantly higher than FFAAX's 8.35% return. Over the past 10 years, RAPZX has underperformed FFAAX with an annualized return of 6.34%, while FFAAX has yielded a comparatively higher 7.87% annualized return.


RAPZX

1D
-0.57%
1M
-4.03%
YTD
10.26%
6M
10.36%
1Y
12.20%
3Y*
9.97%
5Y*
7.18%
10Y*
6.34%

FFAAX

1D
0.93%
1M
1.36%
YTD
8.35%
6M
8.23%
1Y
20.26%
3Y*
14.50%
5Y*
8.70%
10Y*
7.87%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RAPZX vs. FFAAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
RAPZX
Cohen & Steers Real Assets Fund Inc
10.26%11.96%4.35%3.88%-2.05%23.51%-0.84%17.77%-8.44%6.51%
FFAAX
Franklin Global Allocation Fund
8.35%16.24%13.12%13.24%-11.61%12.01%1.70%18.06%-9.60%11.59%

Correlation

The correlation between RAPZX and FFAAX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.37

Correlation (3Y)
Calculated over the trailing 3-year period

0.54

Correlation (5Y)
Calculated over the trailing 5-year period

0.63

Correlation (10Y)
Calculated over the trailing 10-year period

0.66

Correlation (All Time)
Calculated using the full available price history since Jan 2, 2013

0.69

Over the past year, the correlation between RAPZX and FFAAX has dropped to 0.37 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

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Return for Risk

RAPZX vs. FFAAX — Risk / Return Rank

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

RAPZX
RAPZX Risk / Return Rank: 2424
Overall Rank
RAPZX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
RAPZX Sortino Ratio Rank: 1515
Sortino Ratio Rank
RAPZX Omega Ratio Rank: 2323
Omega Ratio Rank
RAPZX Calmar Ratio Rank: 3333
Calmar Ratio Rank
RAPZX Martin Ratio Rank: 3232
Martin Ratio Rank

FFAAX
FFAAX Risk / Return Rank: 6969
Overall Rank
FFAAX Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
FFAAX Sortino Ratio Rank: 6868
Sortino Ratio Rank
FFAAX Omega Ratio Rank: 6868
Omega Ratio Rank
FFAAX Calmar Ratio Rank: 6767
Calmar Ratio Rank
FFAAX Martin Ratio Rank: 7676
Martin Ratio Rank
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.

RAPZX vs. FFAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Real Assets Fund Inc (RAPZX) and Franklin Global Allocation Fund (FFAAX). 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.


RAPZXFFAAXDifference
Sharpe ratioReturn per unit of total volatility

-1.02

Sortino ratioReturn per unit of downside risk

-1.64

Omega ratioGain probability vs. loss probability

1.23

1.42

-0.18

Calmar ratioReturn relative to maximum drawdown

2.04

3.02

-0.98

Martin ratioReturn relative to average drawdown

6.83

13.35

-6.52

RAPZX vs. FFAAX - Sharpe Ratio Comparison

The current RAPZX Sharpe Ratio is 1.18, which is lower than the FFAAX Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of RAPZX and FFAAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

RAPZX vs. FFAAX - Drawdown Comparison

The maximum RAPZX drawdown since its inception was -30.69%, smaller than the maximum FFAAX drawdown of -52.89%. Use the drawdown chart below to compare losses from any high point for RAPZX and FFAAX.


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Drawdown Indicators


RAPZXFFAAXDifference

Max Drawdown

Largest peak-to-trough decline

-30.69%

-52.89%

+22.20%

Max Drawdown (1Y)

Largest decline over 1 year

-5.96%

-6.64%

+0.68%

Max Drawdown (3Y)

Largest decline over 3 years

-8.84%

-10.89%

+2.05%

Max Drawdown (5Y)

Largest decline over 5 years

-19.31%

-18.17%

-1.14%

Max Drawdown (10Y)

Largest decline over 10 years

-30.69%

-30.09%

-0.60%

Current Drawdown

Current decline from peak

-5.08%

-0.11%

-4.97%

Average Drawdown

Average peak-to-trough decline

-8.04%

-7.11%

-0.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.77%

1.50%

+0.27%

Volatility

RAPZX vs. FFAAX - Volatility Comparison

The current volatility for Cohen & Steers Real Assets Fund Inc (RAPZX) is 2.19%, while Franklin Global Allocation Fund (FFAAX) has a volatility of 3.60%. This indicates that RAPZX experiences smaller price fluctuations and is considered to be less risky than FFAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RAPZXFFAAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.19%

3.60%

-1.41%

Volatility (6M)

Calculated over the trailing 6-month period

8.87%

7.71%

+1.16%

Volatility (1Y)

Calculated over the trailing 1-year period

10.30%

9.10%

+1.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.82%

10.13%

+2.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.77%

11.50%

+1.27%

RAPZX vs. FFAAX - Expense Ratio Comparison

RAPZX has a 0.80% expense ratio, which is higher than FFAAX's 0.66% expense ratio.


Dividends

RAPZX vs. FFAAX - Dividend Comparison

RAPZX's dividend yield for the trailing twelve months is around 1.31%, less than FFAAX's 4.95% yield.


PositionTTM20252024202320222021202020192018201720162015
FFAAX
Franklin Global Allocation Fund
4.95%5.12%1.33%1.88%4.66%0.90%7.65%3.24%4.24%3.19%2.40%3.22%
RAPZX
Cohen & Steers Real Assets Fund Inc
1.31%1.44%3.20%2.71%3.08%9.61%1.71%2.85%2.06%1.76%2.83%2.00%

Frequently Asked Questions


RAPZX and FFAAX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FFAAX has higher volatility (3.60%) compared to RAPZX (2.19%). In terms of maximum drawdown, RAPZX dropped -30.69% vs FFAAX's -52.89%.

FFAAX currently has the higher Sharpe Ratio (2.21 vs 1.18), 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.

Portfolio Optimizer

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