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OCIO vs. AOM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


OCIOAOM
YTD Return14.44%9.42%
1Y Return22.11%18.12%
3Y Return (Ann)4.37%1.54%
5Y Return (Ann)8.51%4.80%
Sharpe Ratio2.382.68
Sortino Ratio3.323.97
Omega Ratio1.441.51
Calmar Ratio2.681.51
Martin Ratio14.1117.46
Ulcer Index1.55%0.99%
Daily Std Dev9.21%6.47%
Max Drawdown-24.21%-19.96%
Current Drawdown0.00%-0.69%

Correlation

-0.50.00.51.00.8

The correlation between OCIO and AOM is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

OCIO vs. AOM - Performance Comparison

In the year-to-date period, OCIO achieves a 14.44% return, which is significantly higher than AOM's 9.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.79%
6.72%
OCIO
AOM

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OCIO vs. AOM - Expense Ratio Comparison

OCIO has a 0.61% expense ratio, which is higher than AOM's 0.25% expense ratio.


OCIO
ClearShares OCIO ETF
Expense ratio chart for OCIO: current value at 0.61% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.61%
Expense ratio chart for AOM: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

OCIO vs. AOM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearShares OCIO ETF (OCIO) and iShares Core Moderate Allocation ETF (AOM). 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.


OCIO
Sharpe ratio
The chart of Sharpe ratio for OCIO, currently valued at 2.36, compared to the broader market-2.000.002.004.006.002.36
Sortino ratio
The chart of Sortino ratio for OCIO, currently valued at 3.29, compared to the broader market-2.000.002.004.006.008.0010.0012.003.29
Omega ratio
The chart of Omega ratio for OCIO, currently valued at 1.44, compared to the broader market1.001.502.002.503.001.44
Calmar ratio
The chart of Calmar ratio for OCIO, currently valued at 2.65, compared to the broader market0.005.0010.0015.002.65
Martin ratio
The chart of Martin ratio for OCIO, currently valued at 13.95, compared to the broader market0.0020.0040.0060.0080.00100.0013.95
AOM
Sharpe ratio
The chart of Sharpe ratio for AOM, currently valued at 2.68, compared to the broader market-2.000.002.004.006.002.68
Sortino ratio
The chart of Sortino ratio for AOM, currently valued at 3.97, compared to the broader market-2.000.002.004.006.008.0010.0012.003.97
Omega ratio
The chart of Omega ratio for AOM, currently valued at 1.51, compared to the broader market1.001.502.002.503.001.51
Calmar ratio
The chart of Calmar ratio for AOM, currently valued at 1.51, compared to the broader market0.005.0010.0015.001.51
Martin ratio
The chart of Martin ratio for AOM, currently valued at 17.46, compared to the broader market0.0020.0040.0060.0080.00100.0017.46

OCIO vs. AOM - Sharpe Ratio Comparison

The current OCIO Sharpe Ratio is 2.38, which is comparable to the AOM Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of OCIO and AOM, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.36
2.68
OCIO
AOM

Dividends

OCIO vs. AOM - Dividend Comparison

OCIO's dividend yield for the trailing twelve months is around 1.87%, less than AOM's 2.84% yield.


TTM20232022202120202019201820172016201520142013
OCIO
ClearShares OCIO ETF
1.87%2.32%3.21%2.83%2.90%2.22%2.16%0.84%0.00%0.00%0.00%0.00%
AOM
iShares Core Moderate Allocation ETF
2.84%2.79%2.27%1.56%2.02%2.66%2.53%3.31%2.14%1.98%2.08%1.87%

Drawdowns

OCIO vs. AOM - Drawdown Comparison

The maximum OCIO drawdown since its inception was -24.21%, which is greater than AOM's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for OCIO and AOM. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.69%
OCIO
AOM

Volatility

OCIO vs. AOM - Volatility Comparison

ClearShares OCIO ETF (OCIO) has a higher volatility of 2.80% compared to iShares Core Moderate Allocation ETF (AOM) at 1.71%. This indicates that OCIO's price experiences larger fluctuations and is considered to be riskier than AOM 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%JuneJulyAugustSeptemberOctoberNovember
2.80%
1.71%
OCIO
AOM