RAPZX vs. JNBAX

Last updated Jun 3, 2026

RAPZX (Cohen & Steers Real Assets Fund Inc) and JNBAX (JPMorgan Income Builder Fund Class A) are both Global Allocation funds. Over the past 10 years, RAPZX returned 6.77%/yr vs 6.03%/yr for JNBAX. A 0.74 correlation means they provide meaningful diversification when combined. RAPZX charges 0.80%/yr vs 0.75%/yr for JNBAX.

Performance

RAPZX vs. JNBAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Real Assets Fund Inc (RAPZX) and JPMorgan Income Builder Fund Class A (JNBAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RAPZX achieves a 13.17% return, which is significantly higher than JNBAX's 5.98% return. Over the past 10 years, RAPZX has outperformed JNBAX with an annualized return of 6.77%, while JNBAX has yielded a comparatively lower 6.03% annualized return.

RAPZX

• 1D: -0.32%
• 1M: -1.74%
• YTD: 13.17%
• 6M: 8.44%
• 1Y: 16.97%
• 3Y*: 11.93%
• 5Y*: 7.09%
• 10Y*: 6.77%

JNBAX

• 1D: 0.09%
• 1M: 1.96%
• YTD: 5.98%
• 6M: 6.67%
• 1Y: 15.40%
• 3Y*: 10.90%
• 5Y*: 4.40%
• 10Y*: 6.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RAPZX vs. JNBAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RAPZX Cohen & Steers Real Assets Fund Inc	13.17%	11.96%	4.35%	3.88%	-2.05%	23.51%	-0.84%	17.77%	-8.44%	6.51%
JNBAX JPMorgan Income Builder Fund Class A	5.98%	12.74%	7.22%	9.20%	-12.97%	8.82%	6.09%	14.81%	-4.46%	11.85%

Correlation

The correlation between RAPZX and JNBAX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.74

Over the past year, the correlation between RAPZX and JNBAX has dropped to 0.46 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.

Return for Risk

RAPZX vs. JNBAX — Risk / Return Rank

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

RAPZX

RAPZX Risk / Return Rank: 46
RAPZX Sharpe Ratio Rank: 39
RAPZX Sortino Ratio Rank: 29
RAPZX Omega Ratio Rank: 46
RAPZX Calmar Ratio Rank: 60
RAPZX Martin Ratio Rank: 55

JNBAX

JNBAX Risk / Return Rank: 67
JNBAX Sharpe Ratio Rank: 70
JNBAX Sortino Ratio Rank: 70
JNBAX Omega Ratio Rank: 74
JNBAX Calmar Ratio Rank: 52
JNBAX Martin Ratio Rank: 70

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. JNBAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Real Assets Fund Inc (RAPZX) and JPMorgan Income Builder Fund Class A (JNBAX). 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	JNBAX	Difference
Sharpe ratio Return per unit of total volatility	1.83	2.45	-0.62
Sortino ratio Return per unit of downside risk	2.24	3.48	-1.24
Omega ratio Gain probability vs. loss probability	1.37	1.49	-0.12
Calmar ratio Return relative to maximum drawdown	2.99	2.75	+0.25
Martin ratio Return relative to average drawdown	11.25	13.35	-2.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RAPZX vs. JNBAX - Sharpe Ratio Comparison

The current RAPZX Sharpe Ratio is 1.83, which is comparable to the JNBAX Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of RAPZX and JNBAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RAPZX	JNBAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	2.45	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.57	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.77	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.59	-0.24

Drawdowns

RAPZX vs. JNBAX - Drawdown Comparison

The maximum RAPZX drawdown since its inception was -30.69%, smaller than the maximum JNBAX drawdown of -37.41%. Use the drawdown chart below to compare losses from any high point for RAPZX and JNBAX.

Drawdown Indicators

	RAPZX	JNBAX	Difference
Max Drawdown Largest peak-to-trough decline	-30.69%	-37.41%	+6.72%
Max Drawdown (1Y) Largest decline over 1 year	-5.96%	-5.74%	-0.22%
Max Drawdown (3Y) Largest decline over 3 years	-8.84%	-7.93%	-0.91%
Max Drawdown (5Y) Largest decline over 5 years	-19.31%	-19.26%	-0.05%
Max Drawdown (10Y) Largest decline over 10 years	-30.69%	-23.56%	-7.13%
Current Drawdown Current decline from peak	-2.58%	0.00%	-2.58%
Average Drawdown Average peak-to-trough decline	-8.06%	-4.89%	-3.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	1.18%	+0.41%

Volatility

RAPZX vs. JNBAX - Volatility Comparison

Cohen & Steers Real Assets Fund Inc (RAPZX) and JPMorgan Income Builder Fund Class A (JNBAX) have volatilities of 2.09% and 2.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RAPZX	JNBAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.09%	2.12%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	8.79%	5.43%	+3.36%
Volatility (1Y) Calculated over the trailing 1-year period	10.15%	6.43%	+3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.83%	7.80%	+5.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.78%	7.88%	+4.90%

RAPZX vs. JNBAX - Expense Ratio Comparison

RAPZX has a 0.80% expense ratio, which is higher than JNBAX's 0.75% expense ratio.

Dividends

RAPZX vs. JNBAX - Dividend Comparison

RAPZX's dividend yield for the trailing twelve months is around 1.28%, less than JNBAX's 5.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JNBAX JPMorgan Income Builder Fund Class A	5.01%	5.04%	5.77%	4.94%	4.46%	8.18%	3.34%	4.03%	4.41%	3.74%	4.27%	4.06%
RAPZX Cohen & Steers Real Assets Fund Inc	1.28%	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

Can I hold both RAPZX and JNBAX in my portfolio?

RAPZX and JNBAX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RAPZX or JNBAX?

JNBAX has higher volatility (2.12%) compared to RAPZX (2.09%). In terms of maximum drawdown, RAPZX dropped -30.69% vs JNBAX's -37.41%.

Which has better risk-adjusted returns?

JNBAX currently has the higher Sharpe Ratio (2.45 vs 1.83), 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.