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VanEck Real Assets ETF (RAAX) acts as a portfolio stabilizer during S&P 500 downturns but lags in bull markets.

Analyst Insights
06 Apr 2026
Seeking Alpha
View Source
Neutral
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The VanEck Real Assets ETF (RAAX) is highlighted as a tactical tool to stabilize portfolios, especially during S&P 500 declines. RAAX's fund-of-funds structure focuses heavily on gold (30%) and real asset-linked equities (60%), which helps it outperform during equity market contractions. However, due to its cyclical nature, RAAX tends to underperform when the S&P 500 is in an expansion phase. The analyst rates RAAX as HOLD, noting its hedging benefits are more effective during bull markets rather than current contractionary periods.

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