OCTW vs. VOO
Compare and contrast key facts about AllianzIM U.S. Large Cap Buffer20 Oct ETF (OCTW) and Vanguard S&P 500 ETF (VOO).
OCTW and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OCTW is an actively managed fund by Allianz. It was launched on Sep 30, 2020. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OCTW or VOO.
Correlation
The correlation between OCTW and VOO is 0.86, 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
OCTW vs. VOO - Performance Comparison
Key characteristics
OCTW:
2.45
VOO:
1.98
OCTW:
3.45
VOO:
2.65
OCTW:
1.57
VOO:
1.36
OCTW:
6.06
VOO:
2.98
OCTW:
25.78
VOO:
12.44
OCTW:
0.35%
VOO:
2.02%
OCTW:
3.69%
VOO:
12.69%
OCTW:
-6.96%
VOO:
-33.99%
OCTW:
0.00%
VOO:
0.00%
Returns By Period
In the year-to-date period, OCTW achieves a 1.91% return, which is significantly lower than VOO's 4.06% return.
OCTW
1.91%
0.90%
4.05%
8.62%
N/A
N/A
VOO
4.06%
2.04%
9.70%
23.75%
14.34%
13.25%
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OCTW vs. VOO - Expense Ratio Comparison
OCTW has a 0.74% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
OCTW vs. VOO — Risk-Adjusted Performance Rank
OCTW
VOO
OCTW vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer20 Oct ETF (OCTW) and Vanguard S&P 500 ETF (VOO). 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
OCTW vs. VOO - Dividend Comparison
OCTW has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OCTW AllianzIM U.S. Large Cap Buffer20 Oct ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
OCTW vs. VOO - Drawdown Comparison
The maximum OCTW drawdown since its inception was -6.96%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for OCTW and VOO. For additional features, visit the drawdowns tool.
Volatility
OCTW vs. VOO - Volatility Comparison
The current volatility for AllianzIM U.S. Large Cap Buffer20 Oct ETF (OCTW) is 1.26%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.13%. This indicates that OCTW experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.