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

Performance

OCIO vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearShares OCIO ETF (OCIO) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
8.05%
4.42%
OCIO
BND

Returns By Period

In the year-to-date period, OCIO achieves a 14.22% return, which is significantly higher than BND's 2.46% return.


OCIO

YTD

14.22%

1M

1.74%

6M

8.05%

1Y

18.66%

5Y (annualized)

8.18%

10Y (annualized)

N/A

BND

YTD

2.46%

1M

0.27%

6M

4.41%

1Y

6.76%

5Y (annualized)

-0.19%

10Y (annualized)

1.42%

Key characteristics


OCIOBND
Sharpe Ratio2.071.19
Sortino Ratio2.881.75
Omega Ratio1.381.21
Calmar Ratio2.830.49
Martin Ratio12.123.80
Ulcer Index1.56%1.78%
Daily Std Dev9.18%5.70%
Max Drawdown-24.21%-18.84%
Current Drawdown-0.19%-8.39%

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OCIO vs. BND - Expense Ratio Comparison

OCIO has a 0.61% expense ratio, which is higher than BND's 0.03% 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 BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

The correlation between OCIO and BND is 0.12, 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.


-0.50.00.51.00.1

Risk-Adjusted Performance

OCIO vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearShares OCIO ETF (OCIO) and Vanguard Total Bond Market ETF (BND). 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.


Sharpe ratio
The chart of Sharpe ratio for OCIO, currently valued at 2.04, compared to the broader market-2.000.002.004.002.041.19
The chart of Sortino ratio for OCIO, currently valued at 2.85, compared to the broader market-2.000.002.004.006.008.0010.0012.002.851.75
The chart of Omega ratio for OCIO, currently valued at 1.37, compared to the broader market0.501.001.502.002.503.001.371.21
The chart of Calmar ratio for OCIO, currently valued at 2.79, compared to the broader market0.005.0010.0015.002.790.49
The chart of Martin ratio for OCIO, currently valued at 11.93, compared to the broader market0.0020.0040.0060.0080.00100.0011.933.80
OCIO
BND

The current OCIO Sharpe Ratio is 2.07, which is higher than the BND Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of OCIO and BND, 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 Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.04
1.19
OCIO
BND

Dividends

OCIO vs. BND - Dividend Comparison

OCIO's dividend yield for the trailing twelve months is around 1.88%, less than BND's 3.55% yield.


TTM20232022202120202019201820172016201520142013
OCIO
ClearShares OCIO ETF
1.88%2.32%3.21%2.83%2.90%2.22%2.16%0.84%0.00%0.00%0.00%0.00%
BND
Vanguard Total Bond Market ETF
3.55%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%

Drawdowns

OCIO vs. BND - Drawdown Comparison

The maximum OCIO drawdown since its inception was -24.21%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for OCIO and BND. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.19%
-8.39%
OCIO
BND

Volatility

OCIO vs. BND - Volatility Comparison

ClearShares OCIO ETF (OCIO) has a higher volatility of 2.61% compared to Vanguard Total Bond Market ETF (BND) at 1.77%. This indicates that OCIO's price experiences larger fluctuations and is considered to be riskier than BND 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
2.61%
1.77%
OCIO
BND
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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