WMRIX vs. AAAZX

Last updated Apr 2, 2026

Compare and contrast key facts about Wilmington Real Asset Fund (WMRIX) and DWS RREEF Real Assets Fund (AAAZX).

WMRIX is managed by Wilmington Funds. It was launched on Jun 30, 2003. AAAZX is managed by DWS. It was launched on Jul 29, 2007.

Performance

WMRIX vs. AAAZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wilmington Real Asset Fund (WMRIX) and DWS RREEF Real Assets Fund (AAAZX). The values are adjusted to include any dividend payments, if applicable.

WMRIX vs. AAAZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WMRIX Wilmington Real Asset Fund	10.96%	12.79%	2.57%	1.12%	-8.03%	21.49%	-2.19%	16.85%	-7.21%	11.81%
AAAZX DWS RREEF Real Assets Fund	9.82%	13.14%	5.49%	2.64%	-9.57%	23.83%	3.91%	21.79%	-5.05%	14.97%

Returns By Period

In the year-to-date period, WMRIX achieves a 10.96% return, which is significantly higher than AAAZX's 9.82% return. Over the past 10 years, WMRIX has underperformed AAAZX with an annualized return of 5.50%, while AAAZX has yielded a comparatively higher 7.71% annualized return.

WMRIX

• 1D: 0.63%
• 1M: -1.41%
• YTD: 10.96%
• 6M: 12.87%
• 1Y: 18.28%
• 3Y*: 9.77%
• 5Y*: 6.73%
• 10Y*: 5.50%

AAAZX

• 1D: 1.03%
• 1M: -3.57%
• YTD: 9.82%
• 6M: 11.98%
• 1Y: 17.72%
• 3Y*: 10.49%
• 5Y*: 7.11%
• 10Y*: 7.71%

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

WMRIX vs. AAAZX - Expense Ratio Comparison

WMRIX has a 0.64% expense ratio, which is lower than AAAZX's 0.90% expense ratio.

AAAZX

DWS RREEF Real Assets Fund

WMRIX

Wilmington Real Asset Fund

Return for Risk

WMRIX vs. AAAZX — Risk / Return Rank

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

WMRIX

WMRIX Risk / Return Rank: 81
WMRIX Sharpe Ratio Rank: 82
WMRIX Sortino Ratio Rank: 79
WMRIX Omega Ratio Rank: 80
WMRIX Calmar Ratio Rank: 73
WMRIX Martin Ratio Rank: 89

AAAZX

AAAZX Risk / Return Rank: 82
AAAZX Sharpe Ratio Rank: 82
AAAZX Sortino Ratio Rank: 81
AAAZX Omega Ratio Rank: 81
AAAZX Calmar Ratio Rank: 77
AAAZX Martin Ratio Rank: 90

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.

WMRIX vs. AAAZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wilmington Real Asset Fund (WMRIX) and DWS RREEF Real Assets Fund (AAAZX). 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.

	WMRIX	AAAZX	Difference
Sharpe ratio Return per unit of total volatility	1.65	1.59	+0.06
Sortino ratio Return per unit of downside risk	2.15	2.13	+0.02
Omega ratio Gain probability vs. loss probability	1.33	1.33	+0.01
Calmar ratio Return relative to maximum drawdown	1.93	1.94	0.00
Martin ratio Return relative to average drawdown	10.70	10.35	+0.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WMRIX vs. AAAZX - Sharpe Ratio Comparison

The current WMRIX Sharpe Ratio is 1.65, which is comparable to the AAAZX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of WMRIX and AAAZX, 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

	WMRIX	AAAZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	1.59	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.59	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.61	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.40	+0.15

Correlation

The correlation between WMRIX and AAAZX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

WMRIX vs. AAAZX - Dividend Comparison

WMRIX's dividend yield for the trailing twelve months is around 6.45%, more than AAAZX's 3.78% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WMRIX Wilmington Real Asset Fund	6.45%	7.15%	1.02%	3.51%	6.07%	9.29%	1.99%	3.03%	2.84%	2.73%	0.00%	5.31%
AAAZX DWS RREEF Real Assets Fund	3.78%	4.15%	2.85%	2.40%	4.50%	2.62%	1.60%	2.07%	1.89%	1.79%	1.82%	2.53%

Drawdowns

WMRIX vs. AAAZX - Drawdown Comparison

The maximum WMRIX drawdown since its inception was -37.84%, smaller than the maximum AAAZX drawdown of -40.45%. Use the drawdown chart below to compare losses from any high point for WMRIX and AAAZX.

Drawdown Indicators

	WMRIX	AAAZX	Difference
Max Drawdown Largest peak-to-trough decline	-37.84%	-40.45%	+2.61%
Max Drawdown (1Y) Largest decline over 1 year	-9.91%	-9.56%	-0.35%
Max Drawdown (5Y) Largest decline over 5 years	-22.03%	-22.52%	+0.49%
Max Drawdown (10Y) Largest decline over 10 years	-31.27%	-29.44%	-1.83%
Current Drawdown Current decline from peak	-1.95%	-3.57%	+1.62%
Average Drawdown Average peak-to-trough decline	-7.22%	-6.67%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	1.79%	0.00%

Volatility

WMRIX vs. AAAZX - Volatility Comparison

The current volatility for Wilmington Real Asset Fund (WMRIX) is 2.85%, while DWS RREEF Real Assets Fund (AAAZX) has a volatility of 3.32%. This indicates that WMRIX experiences smaller price fluctuations and is considered to be less risky than AAAZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WMRIX	AAAZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.85%	3.32%	-0.47%
Volatility (6M) Calculated over the trailing 6-month period	7.06%	7.29%	-0.23%
Volatility (1Y) Calculated over the trailing 1-year period	11.37%	11.60%	-0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.54%	12.20%	-0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.48%	12.68%	-0.20%