RTXAX vs. MEGI

Last updated Apr 1, 2026

Compare and contrast key facts about Russell Investment Tax-Managed Real Assets Fund (RTXAX) and NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI).

RTXAX is managed by BlackRock. It was launched on Jun 9, 2019. MEGI is managed by CBRE. It was launched on Jan 1, 2021.

Performance

RTXAX vs. MEGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Russell Investment Tax-Managed Real Assets Fund (RTXAX) and NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI). The values are adjusted to include any dividend payments, if applicable.

RTXAX vs. MEGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RTXAX Russell Investment Tax-Managed Real Assets Fund	11.49%	13.56%	1.50%	7.40%	-11.66%	3.26%
MEGI NYLI CBRE Global Infrastructure Megatrends Term Fund	9.55%	26.19%	5.19%	5.52%	-23.32%	-3.50%

Returns By Period

In the year-to-date period, RTXAX achieves a 11.49% return, which is significantly higher than MEGI's 9.55% return.

RTXAX

• 1D: 0.13%
• 1M: -2.88%
• YTD: 11.49%
• 6M: 14.38%
• 1Y: 24.85%
• 3Y*: 10.58%
• 5Y*: 7.43%
• 10Y*: —

MEGI

• 1D: 1.66%
• 1M: -6.40%
• YTD: 9.55%
• 6M: 5.47%
• 1Y: 22.75%
• 3Y*: 12.97%
• 5Y*: —
• 10Y*: —

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

RTXAX vs. MEGI - Expense Ratio Comparison

RTXAX has a 1.33% expense ratio, which is higher than MEGI's 0.02% expense ratio.

RTXAX

Russell Investment Tax-Managed Real Assets Fund

MEGI

NYLI CBRE Global Infrastructure Megatrends Term Fund

Return for Risk

RTXAX vs. MEGI — Risk / Return Rank

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

RTXAX

RTXAX Risk / Return Rank: 85
RTXAX Sharpe Ratio Rank: 86
RTXAX Sortino Ratio Rank: 85
RTXAX Omega Ratio Rank: 84
RTXAX Calmar Ratio Rank: 79
RTXAX Martin Ratio Rank: 92

MEGI

MEGI Risk / Return Rank: 69
MEGI Sharpe Ratio Rank: 73
MEGI Sortino Ratio Rank: 71
MEGI Omega Ratio Rank: 66
MEGI Calmar Ratio Rank: 74
MEGI Martin Ratio Rank: 61

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.

RTXAX vs. MEGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Russell Investment Tax-Managed Real Assets Fund (RTXAX) and NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI). 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.

	RTXAX	MEGI	Difference
Sharpe ratio Return per unit of total volatility	1.69	1.29	+0.40
Sortino ratio Return per unit of downside risk	2.24	1.77	+0.47
Omega ratio Gain probability vs. loss probability	1.35	1.25	+0.09
Calmar ratio Return relative to maximum drawdown	1.89	1.72	+0.17
Martin ratio Return relative to average drawdown	10.79	5.88	+4.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RTXAX vs. MEGI - Sharpe Ratio Comparison

The current RTXAX Sharpe Ratio is 1.69, which is higher than the MEGI Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of RTXAX and MEGI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RTXAX	MEGI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	1.29	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.15	+0.26

Correlation

The correlation between RTXAX and MEGI is 0.59, 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.

Dividends

RTXAX vs. MEGI - Dividend Comparison

RTXAX's dividend yield for the trailing twelve months is around 2.57%, less than MEGI's 10.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
RTXAX Russell Investment Tax-Managed Real Assets Fund	2.57%	2.86%	2.05%	1.98%	3.11%	1.74%	1.71%	0.84%
MEGI NYLI CBRE Global Infrastructure Megatrends Term Fund	10.21%	10.90%	12.33%	10.66%	9.52%	0.00%	0.00%	0.00%

Drawdowns

RTXAX vs. MEGI - Drawdown Comparison

The maximum RTXAX drawdown since its inception was -40.68%, roughly equal to the maximum MEGI drawdown of -39.48%. Use the drawdown chart below to compare losses from any high point for RTXAX and MEGI.

Drawdown Indicators

	RTXAX	MEGI	Difference
Max Drawdown Largest peak-to-trough decline	-40.68%	-39.48%	-1.20%
Max Drawdown (1Y) Largest decline over 1 year	-13.11%	-13.53%	+0.42%
Max Drawdown (5Y) Largest decline over 5 years	-24.63%	—	—
Current Drawdown Current decline from peak	-3.32%	-6.40%	+3.08%
Average Drawdown Average peak-to-trough decline	-7.96%	-15.13%	+7.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.29%	3.96%	-1.67%

Volatility

RTXAX vs. MEGI - Volatility Comparison

The current volatility for Russell Investment Tax-Managed Real Assets Fund (RTXAX) is 4.12%, while NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) has a volatility of 5.74%. This indicates that RTXAX experiences smaller price fluctuations and is considered to be less risky than MEGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RTXAX	MEGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	5.74%	-1.62%
Volatility (6M) Calculated over the trailing 6-month period	8.24%	10.89%	-2.65%
Volatility (1Y) Calculated over the trailing 1-year period	15.04%	17.67%	-2.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.85%	20.08%	-4.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.26%	20.08%	+0.18%