OCIO vs. AOR
Compare and contrast key facts about ClearShares OCIO ETF (OCIO) and iShares Core Growth Allocation ETF (AOR).
OCIO and AOR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OCIO is an actively managed fund by ClearShares LLC. It was launched on Jun 27, 2017. AOR is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Growth Index. It was launched on Nov 4, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OCIO or AOR.
Key characteristics
| OCIO | AOR | |
|---|---|---|
| YTD Return | 14.44% | 12.65% |
| 1Y Return | 22.11% | 22.47% |
| 3Y Return (Ann) | 4.37% | 3.11% |
| 5Y Return (Ann) | 8.51% | 6.98% |
| Sharpe Ratio | 2.38 | 2.73 |
| Sortino Ratio | 3.32 | 3.95 |
| Omega Ratio | 1.44 | 1.51 |
| Calmar Ratio | 2.68 | 2.05 |
| Martin Ratio | 14.11 | 18.17 |
| Ulcer Index | 1.55% | 1.20% |
| Daily Std Dev | 9.21% | 7.98% |
| Max Drawdown | -24.21% | -24.44% |
| Current Drawdown | 0.00% | -0.17% |
Correlation
The correlation between OCIO and AOR is 0.82, 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. AOR - Performance Comparison
In the year-to-date period, OCIO achieves a 14.44% return, which is significantly higher than AOR's 12.65% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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OCIO vs. AOR - Expense Ratio Comparison
OCIO has a 0.61% expense ratio, which is higher than AOR's 0.25% expense ratio.
Risk-Adjusted Performance
OCIO vs. AOR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearShares OCIO ETF (OCIO) and iShares Core Growth Allocation ETF (AOR). 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.
Dividends
OCIO vs. AOR - Dividend Comparison
OCIO's dividend yield for the trailing twelve months is around 1.87%, less than AOR's 2.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
AOR iShares Core Growth Allocation ETF | 2.44% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% | 2.11% | 1.92% |
Drawdowns
OCIO vs. AOR - Drawdown Comparison
The maximum OCIO drawdown since its inception was -24.21%, roughly equal to the maximum AOR drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for OCIO and AOR. For additional features, visit the drawdowns tool.
Volatility
OCIO vs. AOR - Volatility Comparison
ClearShares OCIO ETF (OCIO) has a higher volatility of 2.80% compared to iShares Core Growth Allocation ETF (AOR) at 2.23%. This indicates that OCIO's price experiences larger fluctuations and is considered to be riskier than AOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.