OCIO vs. GAA

In the year-to-date period, OCIO achieves a 14.22% return, which is significantly higher than GAA's 8.88% return.

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OCIO has a 0.61% expense ratio, which is higher than GAA's 0.41% expense ratio.

The correlation between OCIO and GAA is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

This table presents a comparison of risk-adjusted performance metrics for ClearShares OCIO ETF (OCIO) and Cambria Global Asset Allocation ETF (GAA). 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.

The current OCIO Sharpe Ratio is 2.07, which is higher than the GAA Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of OCIO and GAA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

OCIO's dividend yield for the trailing twelve months is around 1.88%, less than GAA's 4.55% yield.

The maximum OCIO drawdown since its inception was -24.21%, smaller than the maximum GAA drawdown of -26.57%. Use the drawdown chart below to compare losses from any high point for OCIO and GAA. For additional features, visit the drawdowns tool.

ClearShares OCIO ETF (OCIO) and Cambria Global Asset Allocation ETF (GAA) have volatilities of 2.61% and 2.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.