WMRIX vs. RAPZX

Last updated Jun 4, 2026

WMRIX (Wilmington Real Asset Fund) and RAPZX (Cohen & Steers Real Assets Fund Inc) are both Global Allocation funds. Over the past 10 years, WMRIX returned 5.81%/yr vs 6.83%/yr for RAPZX. Their correlation of 0.86 suggests significant overlap in exposure. WMRIX charges 0.64%/yr vs 0.80%/yr for RAPZX.

Performance

WMRIX vs. RAPZX - Performance Comparison

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

Returns By Period

In the year-to-date period, WMRIX achieves a 15.58% return, which is significantly higher than RAPZX's 13.81% return. Over the past 10 years, WMRIX has underperformed RAPZX with an annualized return of 5.81%, while RAPZX has yielded a comparatively higher 6.83% annualized return.

WMRIX

• 1D: 0.30%
• 1M: -2.16%
• YTD: 15.58%
• 6M: 15.13%
• 1Y: 23.45%
• 3Y*: 12.31%
• 5Y*: 5.78%
• 10Y*: 5.81%

RAPZX

• 1D: 0.56%
• 1M: -1.26%
• YTD: 13.81%
• 6M: 8.58%
• 1Y: 17.74%
• 3Y*: 12.14%
• 5Y*: 7.37%
• 10Y*: 6.83%

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

WMRIX vs. RAPZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WMRIX Wilmington Real Asset Fund	15.58%	12.79%	2.57%	1.12%	-8.03%	21.49%	-2.19%	16.85%	-7.21%	11.81%
RAPZX Cohen & Steers Real Assets Fund Inc	13.81%	11.96%	4.35%	3.88%	-2.05%	23.51%	-0.84%	17.77%	-8.44%	6.51%

Correlation

The correlation between WMRIX and RAPZX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.86

The correlation between WMRIX and RAPZX has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.

Return for Risk

WMRIX vs. RAPZX — Risk / Return Rank

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

WMRIX

WMRIX Risk / Return Rank: 84
WMRIX Sharpe Ratio Rank: 83
WMRIX Sortino Ratio Rank: 73
WMRIX Omega Ratio Rank: 74
WMRIX Calmar Ratio Rank: 96
WMRIX Martin Ratio Rank: 92

RAPZX

RAPZX Risk / Return Rank: 45
RAPZX Sharpe Ratio Rank: 37
RAPZX Sortino Ratio Rank: 27
RAPZX Omega Ratio Rank: 44
RAPZX Calmar Ratio Rank: 61
RAPZX Martin Ratio Rank: 55

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. RAPZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wilmington Real Asset Fund (WMRIX) and Cohen & Steers Real Assets Fund Inc (RAPZX). 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	RAPZX	Difference
Sharpe ratio: Return per unit of total volatility	2.69	1.77	+0.92
Sortino ratio: Return per unit of downside risk	3.56	2.17	+1.38
Omega ratio: Gain probability vs. loss probability	1.49	1.36	+0.13
Calmar ratio: Return relative to maximum drawdown	6.27	2.99	+3.28
Martin ratio: Return relative to average drawdown	19.33	11.16	+8.17
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. RAPZX - Sharpe Ratio Comparison

The current WMRIX Sharpe Ratio is 2.69, which is higher than the RAPZX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of WMRIX and RAPZX, 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

	WMRIX	RAPZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.69	1.77	+0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.58	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.54	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.36	+0.20

Drawdowns

WMRIX vs. RAPZX - Drawdown Comparison

The maximum WMRIX drawdown since its inception was -37.84%, which is greater than RAPZX's maximum drawdown of -30.69%. Use the drawdown chart below to compare losses from any high point for WMRIX and RAPZX.

Drawdown Indicators

	WMRIX	RAPZX	Difference
Max Drawdown Largest peak-to-trough decline	-37.84%	-30.69%	-7.15%
Max Drawdown (1Y) Largest decline over 1 year	-3.74%	-5.96%	+2.22%
Max Drawdown (3Y) Largest decline over 3 years	-10.95%	-8.84%	-2.11%
Max Drawdown (5Y) Largest decline over 5 years	-22.03%	-19.31%	-2.72%
Max Drawdown (10Y) Largest decline over 10 years	-31.27%	-30.69%	-0.58%
Current Drawdown Current decline from peak	-3.23%	-2.03%	-1.20%
Average Drawdown Average peak-to-trough decline	-7.17%	-8.06%	+0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.21%	1.59%	-0.38%

Volatility

WMRIX vs. RAPZX - Volatility Comparison

Wilmington Real Asset Fund (WMRIX) has a higher volatility of 2.58% compared to Cohen & Steers Real Assets Fund Inc (RAPZX) at 2.18%. This indicates that WMRIX's price experiences larger fluctuations and is considered to be riskier than RAPZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WMRIX	RAPZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.58%	2.18%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	6.76%	8.80%	-2.04%
Volatility (1Y) Calculated over the trailing 1-year period	8.81%	10.15%	-1.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.51%	12.83%	-1.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.51%	12.78%	-0.27%

WMRIX vs. RAPZX - Expense Ratio Comparison

WMRIX has a 0.64% expense ratio, which is lower than RAPZX's 0.80% expense ratio.

Dividends

WMRIX vs. RAPZX - Dividend Comparison

WMRIX's dividend yield for the trailing twelve months is around 6.19%, more than RAPZX's 1.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RAPZX Cohen & Steers Real Assets Fund Inc	1.27%	1.44%	3.20%	2.71%	3.08%	9.61%	1.71%	2.85%	2.06%	1.76%	2.83%	2.00%
WMRIX Wilmington Real Asset Fund	6.19%	7.15%	1.02%	3.51%	6.07%	9.29%	1.99%	3.03%	2.84%	2.73%	0.00%	5.31%

Frequently Asked Questions

Can I hold both WMRIX and RAPZX in my portfolio?

WMRIX and RAPZX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WMRIX or RAPZX?

WMRIX has higher volatility (2.58%) compared to RAPZX (2.18%). In terms of maximum drawdown, WMRIX dropped -37.84% vs RAPZX's -30.69%.

Which has better risk-adjusted returns?

WMRIX currently has the higher Sharpe Ratio (2.69 vs 1.77), 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.