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CCM Affordable Housing MBS ETF (OWNS) Sharpe Ratio: 1.39

ETF · Currency in USD · Last updated Jun 5, 2026

The CCM Affordable Housing MBS ETF is an actively managed fund that invests primarily in agency mortgage-backed securities backed by affordable housing loans, supporting community development while seeking income and total return.

OWNS's Sharpe Ratio of 1.39 indicates that for each unit of volatility, it generates 1.39 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 5, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

OWNS Sharpe Ratio Rank

OWNS Sharpe Ratio Rank: 39.740
Below Average

OWNS ranks above 39.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

OWNS Sharpe Ratio Market Positioning

The chart shows OWNS's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.40
  • Green zone (top 25%): 2.40 or higher
  • Top 1%: 7.64+
  • Median: 1.71 — half of all investments score higher

How it compares to other similar ETFs

The table compares CCM Affordable Housing MBS ETF's Sharpe Ratio with other ETFs in the Mortgage Backed Securities category across multiple time periods, showing how OWNS's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FTSDFranklin Short Duration U.S. Government ETF3.30
LMBSFirst Trust Low Duration Mortgage Opportunities ETF3.02
VABSVirtus Newfleet ABS/MBS ETF1.99
PMBSPIMCO Mortgage-Backed Securities Active Exchange-Traded Fund1.69
JMBSJanus Henderson Mortgage-Backed Securities ETF1.56
MTBASimplify MBS ETF1.56
DEEDFirst Trust TCW Securitized Plus ETF1.55
SMBSSchwab Mortgage-Backed Securities ETF1.51
SPMBSPDR Portfolio Mortgage Backed Bond ETF1.49
VMBSVanguard Mortgage-Backed Securities ETF1.45
OWNSCCM Affordable Housing MBS ETF1.39

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows OWNS's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when OWNS consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does OWNS fit in your portfolio?

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