OCTT vs. FAAR
OCTT (AllianzIM U.S. Large Cap Buffer10 Oct ETF) and FAAR (First Trust Alternative Absolute Return Strategy ETF) are both exchange-traded funds - OCTT is a Options Trading fund actively managed by Allianz, while FAAR is a Commodities fund actively managed by First Trust. Both are actively managed. Over the past 5 years, OCTT returned 10.13%/yr vs 7.72%/yr for FAAR. At a 0.02 correlation, their price movements are largely independent. OCTT charges 0.74%/yr vs 0.95%/yr for FAAR.
Performance
OCTT vs. FAAR - Performance Comparison
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Returns By Period
In the year-to-date period, OCTT achieves a 6.08% return, which is significantly lower than FAAR's 19.14% return.
OCTT
- 1D
- -0.67%
- 1M
- -0.05%
- YTD
- 6.08%
- 6M
- 5.68%
- 1Y
- 17.56%
- 3Y*
- 13.29%
- 5Y*
- 10.13%
- 10Y*
- —
FAAR
- 1D
- -0.91%
- 1M
- -5.21%
- YTD
- 19.14%
- 6M
- 18.06%
- 1Y
- 28.33%
- 3Y*
- 10.57%
- 5Y*
- 7.72%
- 10Y*
- 4.69%
OCTT vs. FAAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
OCTT AllianzIM U.S. Large Cap Buffer10 Oct ETF | 6.08% | 13.86% | 11.87% | 20.92% | -7.10% | 13.55% | 6.96% |
FAAR First Trust Alternative Absolute Return Strategy ETF | 19.14% | 8.07% | 5.97% | -5.63% | 10.15% | 12.34% | 5.40% |
Correlation
The correlation between OCTT and FAAR is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2020 | 0.02 |
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Return for Risk
OCTT vs. FAAR — Risk / Return Rank
OCTT
FAAR
OCTT vs. FAAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer10 Oct ETF (OCTT) and First Trust Alternative Absolute Return Strategy ETF (FAAR). 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.
| OCTT | FAAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 4.52 | -1.49 |
| Martin ratioReturn relative to average drawdown | 14.84 | 15.18 | -0.34 |
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Drawdowns
OCTT vs. FAAR - Drawdown Comparison
The maximum OCTT drawdown since its inception was -13.49%, smaller than the maximum FAAR drawdown of -18.03%. Use the drawdown chart below to compare losses from any high point for OCTT and FAAR.
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Drawdown Indicators
| OCTT | FAAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.49% | -18.03% | +4.54% |
Max Drawdown (1Y)Largest decline over 1 year | -5.81% | -6.29% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -13.04% | -11.54% | -1.50% |
Max Drawdown (5Y)Largest decline over 5 years | -13.49% | -18.03% | +4.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.03% | — |
Current DrawdownCurrent decline from peak | -1.00% | -6.29% | +5.29% |
Average DrawdownAverage peak-to-trough decline | -2.02% | -7.82% | +5.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 1.87% | -0.68% |
Volatility
OCTT vs. FAAR - Volatility Comparison
The current volatility for AllianzIM U.S. Large Cap Buffer10 Oct ETF (OCTT) is 2.38%, while First Trust Alternative Absolute Return Strategy ETF (FAAR) has a volatility of 2.55%. This indicates that OCTT experiences smaller price fluctuations and is considered to be less risky than FAAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OCTT | FAAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.38% | 2.55% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 6.20% | 9.68% | -3.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.93% | 13.38% | -5.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.48% | 12.96% | -2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.21% | 11.54% | -1.33% |
OCTT vs. FAAR - Expense Ratio Comparison
OCTT has a 0.74% expense ratio, which is lower than FAAR's 0.95% expense ratio.
Dividends
OCTT vs. FAAR - Dividend Comparison
OCTT has not paid dividends to shareholders, while FAAR's dividend yield for the trailing twelve months is around 9.66%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FAAR First Trust Alternative Absolute Return Strategy ETF | 9.66% | 11.63% | 3.45% | 3.20% | 5.82% | 6.49% | 3.05% | 1.02% | 0.58% | 2.83% |
OCTT AllianzIM U.S. Large Cap Buffer10 Oct ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OCTT and FAAR have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FAAR has higher volatility (2.55%) compared to OCTT (2.38%). In terms of maximum drawdown, OCTT dropped -13.49% vs FAAR's -18.03%.
On 5-year performance, OCTT leads with 10.13% vs 7.72% for FAAR. On fees, OCTT is cheaper at 0.74% per year. On volatility, OCTT has been the lower-risk option at 2.38%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, OCTT has performed better with a 10.13% return vs 7.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
OCTT is cheaper with a 0.74% expense ratio, compared with 0.95% for FAAR.
FAAR has the higher dividend yield at 9.66%, compared with 0.00% for OCTT.
OCTT is categorized as Options Trading, while FAAR is Commodities. They also come from different issuers: Allianz and First Trust. Their fees differ too: 0.74% for OCTT and 0.95% for FAAR.
OCTT currently has the higher Sharpe Ratio (2.23 vs 2.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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