Aspiriant Risk-Managed Real Asset Fund (XARAX)
10.83
+0.20
(+1.88%)
USD |
Dec 31 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 3.98% | -- | -- | 51.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | -- |
Basic Info
| Investment Strategy | |
| The Fund seeks long term capital appreciation. The Fund intends to invest all of its assets primarily in general or limited partnerships, funds, corporations, trusts or other investment vehicles that invest substantially all their assets in real estate, infrastructure, commodities and other real asset securities. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Sector Real Estate Global |
| Peer Group | Real Estate Funds |
| Global Macro | Equity Real Estate |
| US Macro | Sector Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Real Estate Funds |
| Fund Owner Firm Name | Aspiriant |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
--
-100.73M
Peer Group Low
337.33M
Peer Group High
1 Year
% Rank:
--
-766.64M
Peer Group Low
1.311B
Peer Group High
3 Months
% Rank:
--
-333.86M
Peer Group Low
787.87M
Peer Group High
3 Years
% Rank:
--
-6.495B
Peer Group Low
2.238B
Peer Group High
6 Months
% Rank:
--
-492.48M
Peer Group Low
814.84M
Peer Group High
5 Years
% Rank:
--
-4.688B
Peer Group Low
4.063B
Peer Group High
YTD
% Rank:
--
-450.51M
Peer Group Low
352.64M
Peer Group High
10 Years
% Rank:
--
-7.062B
Peer Group Low
6.610B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 21, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.25% |
| Stock | 31.31% |
| Bond | 26.48% |
| Convertible | 0.00% |
| Preferred | 0.08% |
| Other | 40.89% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| iShares Gold Trust | 8.80% | 84.70 | -3.06% |
| Principal Real Estate Securities Fund Inst | 8.10% | 28.27 | -3.12% |
|
HighBrook Property Fund IV LP
|
6.33% | -- | -- |
|
Bayview MSR Opportunity Offshore LP
|
6.12% | -- | -- |
|
CBRE US Core Partners REIT Operating LP FRN
|
6.05% | -- | -- |
|
GI Data Infrastructure Fund LP FRN
|
5.99% | -- | -- |
|
Prime Property Fund LLC
|
5.86% | -- | -- |
| Lazard Global Listed Infrastructure Portfolio Inst | 5.47% | 18.72 | -2.85% |
|
Electron Global Fund LP FRN
|
4.38% | -- | -- |
| Fidelity International Real Estate Fund | 4.32% | 10.23 | -2.66% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.17% |
| Administration Fee | 188.2K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 25000.00 None |
| Minimum Subsequent Investment | 10000.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks long term capital appreciation. The Fund intends to invest all of its assets primarily in general or limited partnerships, funds, corporations, trusts or other investment vehicles that invest substantially all their assets in real estate, infrastructure, commodities and other real asset securities. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Sector Real Estate Global |
| Peer Group | Real Estate Funds |
| Global Macro | Equity Real Estate |
| US Macro | Sector Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Real Estate Funds |
| Fund Owner Firm Name | Aspiriant |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM | -- |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 40 |
| Stock | |
| Weighted Average PE Ratio | 28.02 |
| Weighted Average Price to Sales Ratio | 6.747 |
| Weighted Average Price to Book Ratio | 3.810 |
| Weighted Median ROE | 7.56% |
| Weighted Median ROA | 3.93% |
| ROI (TTM) | 6.60% |
| Return on Investment (TTM) | 6.60% |
| Earning Yield | 0.0500 |
| LT Debt / Shareholders Equity | 1.191 |
| Number of Equity Holdings | 3 |
| Bond | |
| Yield to Maturity (12-31-25) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 12 |
As of December 31, 2025
Growth Metrics
| EPS Growth (1Y) | 22.19% |
| EPS Growth (3Y) | 5.58% |
| EPS Growth (5Y) | 5.71% |
| Sales Growth (1Y) | 6.42% |
| Sales Growth (3Y) | 9.20% |
| Sales Growth (5Y) | 7.93% |
| Sales per Share Growth (1Y) | 2.94% |
| Sales per Share Growth (3Y) | 6.00% |
| Operating Cash Flow - Growth Rate (3Y) | 13.48% |
As of December 31, 2025
Fund Details
| Key Dates | |
| Launch Date | 4/1/2021 |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |