ALL vs. OEF

Last updated Jun 4, 2026

ALL (The Allstate Corporation) is a stock, while OEF (iShares S&P 100 ETF) is Large Cap Blend Equities fund tracking the S&P 100 Index. Over the past 10 years, ALL returned 14.49%/yr vs 16.71%/yr for OEF. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

ALL vs. OEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Allstate Corporation (ALL) and iShares S&P 100 ETF (OEF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALL achieves a 1.61% return, which is significantly lower than OEF's 9.51% return. Over the past 10 years, ALL has underperformed OEF with an annualized return of 14.49%, while OEF has yielded a comparatively higher 16.71% annualized return.

ALL

• 1D: -0.53%
• 1M: -4.29%
• YTD: 1.61%
• 6M: 1.38%
• 1Y: 1.57%
• 3Y*: 26.62%
• 5Y*: 11.62%
• 10Y*: 14.49%

OEF

• 1D: -0.87%
• 1M: 5.44%
• YTD: 9.51%
• 6M: 9.34%
• 1Y: 29.54%
• 3Y*: 24.53%
• 5Y*: 15.70%
• 10Y*: 16.71%

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

ALL vs. OEF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALL The Allstate Corporation	1.61%	10.09%	40.61%	6.37%	18.37%	9.86%	-0.12%	38.82%	-19.52%	43.64%
OEF iShares S&P 100 ETF	9.51%	19.80%	30.74%	32.71%	-21.03%	29.18%	21.21%	31.87%	-4.16%	21.82%

Correlation

The correlation between ALL and OEF is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Oct 30, 2000	0.52

The correlation between ALL and OEF shifts across timeframes, from -0.02 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ALL vs. OEF — Risk / Return Rank

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

ALL

ALL Risk / Return Rank: 40
ALL Sharpe Ratio Rank: 43
ALL Sortino Ratio Rank: 35
ALL Omega Ratio Rank: 35
ALL Calmar Ratio Rank: 44
ALL Martin Ratio Rank: 44

OEF

OEF Risk / Return Rank: 64
OEF Sharpe Ratio Rank: 69
OEF Sortino Ratio Rank: 67
OEF Omega Ratio Rank: 68
OEF Calmar Ratio Rank: 53
OEF Martin Ratio Rank: 62

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.

ALL vs. OEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Allstate Corporation (ALL) and iShares S&P 100 ETF (OEF). 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.

	ALL	OEF	Difference
Sharpe ratio: Return per unit of total volatility	0.07	2.33	-2.27
Sortino ratio: Return per unit of downside risk	0.25	3.15	-2.90
Omega ratio: Gain probability vs. loss probability	1.03	1.42	-0.39
Calmar ratio: Return relative to maximum drawdown	0.14	2.68	-2.55
Martin ratio: Return relative to average drawdown	0.33	11.29	-10.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALL vs. OEF - Sharpe Ratio Comparison

The current ALL Sharpe Ratio is 0.07, which is lower than the OEF Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of ALL and OEF, 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

	ALL	OEF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	2.33	-2.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.89	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.91	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.45	-0.08

Drawdowns

ALL vs. OEF - Drawdown Comparison

The maximum ALL drawdown since its inception was -77.03%, which is greater than OEF's maximum drawdown of -54.11%. Use the drawdown chart below to compare losses from any high point for ALL and OEF.

Drawdown Indicators

	ALL	OEF	Difference
Max Drawdown Largest peak-to-trough decline	-77.03%	-54.11%	-22.92%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-11.06%	-0.42%
Max Drawdown (3Y) Largest decline over 3 years	-14.11%	-19.80%	+5.69%
Max Drawdown (5Y) Largest decline over 5 years	-27.35%	-26.47%	-0.88%
Max Drawdown (10Y) Largest decline over 10 years	-41.39%	-31.44%	-9.95%
Current Drawdown Current decline from peak	-6.29%	-0.94%	-5.35%
Average Drawdown Average peak-to-trough decline	-16.44%	-11.76%	-4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.07%	2.62%	+2.45%

Volatility

ALL vs. OEF - Volatility Comparison

The Allstate Corporation (ALL) has a higher volatility of 6.11% compared to iShares S&P 100 ETF (OEF) at 3.14%. This indicates that ALL's price experiences larger fluctuations and is considered to be riskier than OEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALL	OEF	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.11%	3.14%	+2.97%
Volatility (6M) Calculated over the trailing 6-month period	16.20%	9.48%	+6.72%
Volatility (1Y) Calculated over the trailing 1-year period	23.22%	12.73%	+10.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.32%	17.69%	+7.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.87%	18.44%	+6.43%

Dividends

ALL vs. OEF - Dividend Comparison

ALL's dividend yield for the trailing twelve months is around 2.46%, more than OEF's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALL The Allstate Corporation	2.46%	1.92%	1.91%	2.54%	2.51%	2.75%	1.96%	1.78%	2.23%	1.41%	1.78%	1.93%
OEF iShares S&P 100 ETF	0.83%	0.81%	1.03%	1.19%	1.55%	1.06%	1.43%	1.87%	2.09%	1.81%	2.07%	2.11%

Frequently Asked Questions

Can I hold both ALL and OEF in my portfolio?

ALL and OEF have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALL or OEF?

ALL has higher volatility (6.11%) compared to OEF (3.14%). In terms of maximum drawdown, ALL dropped -77.03% vs OEF's -54.11%.

Which has better risk-adjusted returns?

OEF currently has the higher Sharpe Ratio (2.33 vs 0.07), 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.