WAGSX vs. RTXAX
WAGSX (Wasatch Global Select Fund) and RTXAX (Russell Investment Tax-Managed Real Assets Fund) are both Global Equities funds. Over the past 5 years, WAGSX returned -2.24%/yr vs 5.97%/yr for RTXAX. A 0.68 correlation means they provide meaningful diversification when combined. WAGSX charges 1.35%/yr vs 1.33%/yr for RTXAX.
Performance
WAGSX vs. RTXAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WAGSX achieves a -0.16% return, which is significantly lower than RTXAX's 14.49% return.
WAGSX
- 1D
- 0.91%
- 1M
- -1.68%
- YTD
- -0.16%
- 6M
- -1.05%
- 1Y
- -6.77%
- 3Y*
- 5.33%
- 5Y*
- -2.24%
- 10Y*
- —
RTXAX
- 1D
- -0.33%
- 1M
- -2.80%
- YTD
- 14.49%
- 6M
- 13.89%
- 1Y
- 26.05%
- 3Y*
- 12.46%
- 5Y*
- 5.97%
- 10Y*
- —
WAGSX vs. RTXAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WAGSX Wasatch Global Select Fund | -0.16% | 1.74% | 0.50% | 27.77% | -33.10% | 7.95% | 34.68% | 9.40% |
RTXAX Russell Investment Tax-Managed Real Assets Fund | 14.49% | 13.56% | 1.50% | 7.40% | -11.66% | 26.57% | 3.73% | 4.82% |
Correlation
The correlation between WAGSX and RTXAX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2019 | 0.68 |
Over the past year, the correlation between WAGSX and RTXAX has dropped to 0.48 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WAGSX vs. RTXAX — Risk / Return Rank
WAGSX
RTXAX
WAGSX vs. RTXAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Global Select Fund (WAGSX) and Russell Investment Tax-Managed Real Assets Fund (RTXAX). 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.
| WAGSX | RTXAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.68 | ||
| Sortino ratioReturn per unit of downside risk | -3.61 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.38 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 4.70 | -5.09 |
| Martin ratioReturn relative to average drawdown | -0.94 | 17.23 | -18.17 |
Loading charts...
Drawdowns
WAGSX vs. RTXAX - Drawdown Comparison
The maximum WAGSX drawdown since its inception was -43.62%, which is greater than RTXAX's maximum drawdown of -40.68%. Use the drawdown chart below to compare losses from any high point for WAGSX and RTXAX.
Loading charts...
Drawdown Indicators
| WAGSX | RTXAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.62% | -40.68% | -2.94% |
Max Drawdown (1Y)Largest decline over 1 year | -17.76% | -5.21% | -12.55% |
Max Drawdown (3Y)Largest decline over 3 years | -18.11% | -17.13% | -0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -43.62% | -24.63% | -18.99% |
Current DrawdownCurrent decline from peak | -19.35% | -2.99% | -16.36% |
Average DrawdownAverage peak-to-trough decline | -17.75% | -7.73% | -10.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.53% | 1.42% | +6.11% |
Volatility
WAGSX vs. RTXAX - Volatility Comparison
Wasatch Global Select Fund (WAGSX) has a higher volatility of 4.63% compared to Russell Investment Tax-Managed Real Assets Fund (RTXAX) at 3.40%. This indicates that WAGSX's price experiences larger fluctuations and is considered to be riskier than RTXAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WAGSX | RTXAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.63% | 3.40% | +1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 12.64% | 8.36% | +4.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.29% | 11.06% | +4.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.70% | 15.82% | +3.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.08% | 20.01% | +1.07% |
WAGSX vs. RTXAX - Expense Ratio Comparison
WAGSX has a 1.35% expense ratio, which is higher than RTXAX's 1.33% expense ratio.
Dividends
WAGSX vs. RTXAX - Dividend Comparison
WAGSX has not paid dividends to shareholders, while RTXAX's dividend yield for the trailing twelve months is around 2.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
RTXAX Russell Investment Tax-Managed Real Assets Fund | 2.50% | 2.86% | 2.05% | 1.98% | 3.11% | 1.74% | 1.71% | 0.84% |
WAGSX Wasatch Global Select Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 12.65% | 0.16% | 0.00% |
Frequently Asked Questions
WAGSX and RTXAX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WAGSX has higher volatility (4.63%) compared to RTXAX (3.40%). In terms of maximum drawdown, WAGSX dropped -43.62% vs RTXAX's -40.68%.
RTXAX currently has the higher Sharpe Ratio (2.21 vs -0.47), 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.
Find the right allocation for WAGSX and RTXAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer