RAPZX vs. HGLB
Compare and contrast key facts about Cohen & Steers Real Assets Fund Inc (RAPZX) and Highland Global Allocation Fund (HGLB).
RAPZX is managed by Cohen & Steers. It was launched on Jan 30, 2012. HGLB is managed by Highland Funds. It was launched on Jan 5, 1998.
Performance
RAPZX vs. HGLB - Performance Comparison
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RAPZX vs. HGLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RAPZX Cohen & Steers Real Assets Fund Inc | 10.26% | 11.96% | 4.35% | 3.88% | -2.05% | 23.51% | -0.84% | 8.28% |
HGLB Highland Global Allocation Fund | -9.43% | 51.74% | -1.52% | -6.15% | 14.53% | 53.22% | -17.98% | -31.46% |
Returns By Period
In the year-to-date period, RAPZX achieves a 10.26% return, which is significantly higher than HGLB's -9.43% return.
RAPZX
- 1D
- 0.25%
- 1M
- -2.41%
- YTD
- 10.26%
- 6M
- 7.91%
- 1Y
- 16.67%
- 3Y*
- 10.27%
- 5Y*
- 8.74%
- 10Y*
- 7.09%
HGLB
- 1D
- 2.55%
- 1M
- -10.65%
- YTD
- -9.43%
- 6M
- -6.44%
- 1Y
- 8.73%
- 3Y*
- 8.85%
- 5Y*
- 12.97%
- 10Y*
- —
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RAPZX vs. HGLB - Expense Ratio Comparison
RAPZX has a 0.80% expense ratio, which is higher than HGLB's 0.02% expense ratio.
Return for Risk
RAPZX vs. HGLB — Risk / Return Rank
RAPZX
HGLB
RAPZX vs. HGLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Real Assets Fund Inc (RAPZX) and Highland Global Allocation Fund (HGLB). 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.
| RAPZX | HGLB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 0.35 | +1.06 |
Sortino ratioReturn per unit of downside risk | 1.77 | 0.65 | +1.12 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.09 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.94 | 0.37 | +1.57 |
Martin ratioReturn relative to average drawdown | 8.99 | 0.98 | +8.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RAPZX | HGLB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 0.35 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.58 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.12 | +0.22 |
Correlation
The correlation between RAPZX and HGLB is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
RAPZX vs. HGLB - Dividend Comparison
RAPZX's dividend yield for the trailing twelve months is around 1.31%, less than HGLB's 13.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HGLB Highland Global Allocation Fund | 13.04% | 11.57% | 14.27% | 12.82% | 10.32% | 9.39% | 15.44% | 11.35% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RAPZX vs. HGLB - Drawdown Comparison
The maximum RAPZX drawdown since its inception was -30.69%, smaller than the maximum HGLB drawdown of -70.40%. Use the drawdown chart below to compare losses from any high point for RAPZX and HGLB.
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Drawdown Indicators
| RAPZX | HGLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.69% | -70.40% | +39.71% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -23.34% | +14.50% |
Max Drawdown (5Y)Largest decline over 5 years | -19.31% | -29.88% | +10.57% |
Max Drawdown (10Y)Largest decline over 10 years | -30.69% | — | — |
Current DrawdownCurrent decline from peak | -2.88% | -19.42% | +16.54% |
Average DrawdownAverage peak-to-trough decline | -8.16% | -18.21% | +10.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 8.77% | -6.87% |
Volatility
RAPZX vs. HGLB - Volatility Comparison
The current volatility for Cohen & Steers Real Assets Fund Inc (RAPZX) is 2.90%, while Highland Global Allocation Fund (HGLB) has a volatility of 8.17%. This indicates that RAPZX experiences smaller price fluctuations and is considered to be less risky than HGLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RAPZX | HGLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 8.17% | -5.27% |
Volatility (6M)Calculated over the trailing 6-month period | 9.10% | 18.33% | -9.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.24% | 25.33% | -13.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.86% | 22.36% | -9.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.81% | 27.93% | -15.12% |