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CCOR vs. DIVO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CCORDIVO
YTD Return-1.82%15.88%
1Y Return-2.66%25.06%
3Y Return (Ann)-2.60%8.21%
5Y Return (Ann)0.85%12.15%
Sharpe Ratio-0.433.12
Sortino Ratio-0.594.39
Omega Ratio0.931.57
Calmar Ratio-0.174.24
Martin Ratio-0.7620.50
Ulcer Index5.26%1.30%
Daily Std Dev9.40%8.55%
Max Drawdown-22.99%-30.04%
Current Drawdown-16.46%-2.32%

Correlation

-0.50.00.51.00.4

The correlation between CCOR and DIVO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

CCOR vs. DIVO - Performance Comparison

In the year-to-date period, CCOR achieves a -1.82% return, which is significantly lower than DIVO's 15.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%MayJuneJulyAugustSeptemberOctober
2.41%
10.72%
CCOR
DIVO

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CCOR vs. DIVO - Expense Ratio Comparison

CCOR has a 1.09% expense ratio, which is higher than DIVO's 0.55% expense ratio.


CCOR
Core Alternative ETF
Expense ratio chart for CCOR: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%
Expense ratio chart for DIVO: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Risk-Adjusted Performance

CCOR vs. DIVO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Core Alternative ETF (CCOR) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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.


CCOR
Sharpe ratio
The chart of Sharpe ratio for CCOR, currently valued at -0.43, compared to the broader market-2.000.002.004.006.00-0.43
Sortino ratio
The chart of Sortino ratio for CCOR, currently valued at -0.59, compared to the broader market0.005.0010.00-0.59
Omega ratio
The chart of Omega ratio for CCOR, currently valued at 0.93, compared to the broader market1.001.502.002.503.003.500.93
Calmar ratio
The chart of Calmar ratio for CCOR, currently valued at -0.17, compared to the broader market0.005.0010.0015.00-0.17
Martin ratio
The chart of Martin ratio for CCOR, currently valued at -0.76, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-0.76
DIVO
Sharpe ratio
The chart of Sharpe ratio for DIVO, currently valued at 3.12, compared to the broader market-2.000.002.004.006.003.12
Sortino ratio
The chart of Sortino ratio for DIVO, currently valued at 4.39, compared to the broader market0.005.0010.004.39
Omega ratio
The chart of Omega ratio for DIVO, currently valued at 1.57, compared to the broader market1.001.502.002.503.003.501.57
Calmar ratio
The chart of Calmar ratio for DIVO, currently valued at 4.24, compared to the broader market0.005.0010.0015.004.24
Martin ratio
The chart of Martin ratio for DIVO, currently valued at 20.50, compared to the broader market0.0020.0040.0060.0080.00100.00120.0020.50

CCOR vs. DIVO - Sharpe Ratio Comparison

The current CCOR Sharpe Ratio is -0.43, which is lower than the DIVO Sharpe Ratio of 3.12. The chart below compares the historical Sharpe Ratios of CCOR and DIVO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00MayJuneJulyAugustSeptemberOctober
-0.43
3.12
CCOR
DIVO

Dividends

CCOR vs. DIVO - Dividend Comparison

CCOR's dividend yield for the trailing twelve months is around 1.14%, less than DIVO's 4.14% yield.


TTM2023202220212020201920182017
CCOR
Core Alternative ETF
1.14%1.21%1.11%1.02%1.50%0.73%1.53%0.89%
DIVO
Amplify CWP Enhanced Dividend Income ETF
4.14%4.67%4.76%4.79%4.91%8.16%5.27%3.83%

Drawdowns

CCOR vs. DIVO - Drawdown Comparison

The maximum CCOR drawdown since its inception was -22.99%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for CCOR and DIVO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptemberOctober
-16.46%
-2.32%
CCOR
DIVO

Volatility

CCOR vs. DIVO - Volatility Comparison

Core Alternative ETF (CCOR) has a higher volatility of 2.64% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 2.42%. This indicates that CCOR's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%MayJuneJulyAugustSeptemberOctober
2.64%
2.42%
CCOR
DIVO