MARU vs. BPH

Last updated Jun 24, 2026

MARU (AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - MARU is a Defined Outcome fund tracking the SPDR S&P 500 ETF Trust (SPY) Price Return, while BPH is a Energy Equities fund actively managed by Precidian. MARU is passively managed, while BPH is actively managed. At a correlation of -0.14, they often move in opposite directions. MARU charges 0.74%/yr vs 0.19%/yr for BPH.

Performance

MARU vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF (MARU) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MARU

• 1D: -0.91%
• 1M: -1.05%
• YTD: 5.63%
• 6M: 4.75%
• 1Y: 16.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: -0.55%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MARU vs. BPH - Yearly Performance Comparison

	2026 (YTD)
MARU AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF	-1.05%
BPH BP p.l.c. ADRhedged ETF	-5.53%

Correlation

The correlation between MARU and BPH is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	-0.14

Return for Risk

MARU vs. BPH — Risk / Return Rank

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

MARU

MARU Risk / Return Rank: 53
MARU Sharpe Ratio Rank: 52
MARU Sortino Ratio Rank: 49
MARU Omega Ratio Rank: 49
MARU Calmar Ratio Rank: 56
MARU Martin Ratio Rank: 58

BPH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

MARU vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF (MARU) and BP p.l.c. ADRhedged ETF (BPH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MARU	BPH	Difference
Sharpe ratio: Return per unit of total volatility	1.61	—	—
Sortino ratio: Return per unit of downside risk	2.21	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.52	—	—
Martin ratio: Return relative to average drawdown	9.32	—	—

Drawdowns

MARU vs. BPH - Drawdown Comparison

The maximum MARU drawdown since its inception was -9.91%, which is greater than BPH's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for MARU and BPH.

Drawdown Indicators

	MARU	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-9.91%	-9.43%	-0.48%
Max Drawdown (1Y) Largest decline over 1 year	-6.56%	—	—
Current Drawdown Current decline from peak	-2.59%	-8.71%	+6.12%
Average Drawdown Average peak-to-trough decline	-1.60%	-3.18%	+1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	—	—

Volatility

Volatility by Period

	MARU	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.32%	24.10%	-13.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.02%	24.10%	-12.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.02%	24.10%	-12.08%

MARU vs. BPH - Expense Ratio Comparison

MARU has a 0.74% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

MARU vs. BPH - Dividend Comparison

MARU has not paid dividends to shareholders, while BPH's dividend yield for the trailing twelve months is around 0.53%.

Position	TTM
BPH BP p.l.c. ADRhedged ETF	0.53%
MARU AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF	0.00%

Frequently Asked Questions

Can I hold both MARU and BPH in my portfolio?

MARU and BPH have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MARU or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MARU or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.74% for MARU.

Which ETF pays a higher dividend yield, MARU or BPH?

BPH has the higher dividend yield at 0.53%, compared with 0.00% for MARU.

What is the main difference between MARU and BPH?

MARU is categorized as Defined Outcome, while BPH is Energy Equities. They also come from different issuers: AllianzIM and Precidian. Their fees differ too: 0.74% for MARU and 0.19% for BPH.