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OCTZ vs. HEGD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

OCTZ vs. HEGD

Last updated May 18, 2025

Compare and contrast key facts about TrueShares Structured Outcome (October) ETF (OCTZ) and Swan Hedged Equity US Large Cap ETF (HEGD).

OCTZ and HEGD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OCTZ is an actively managed fund by TrueMark Investments. It was launched on Sep 30, 2020. HEGD is an actively managed fund by Swan Global Investments. It was launched on Dec 22, 2020.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OCTZ or HEGD.

Correlation

The correlation between OCTZ and HEGD is 0.90, 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

OCTZ vs. HEGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Structured Outcome (October) ETF (OCTZ) and Swan Hedged Equity US Large Cap ETF (HEGD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

OCTZ:

0.70

HEGD:

1.19

Sortino Ratio

OCTZ:

1.14

HEGD:

1.78

Omega Ratio

OCTZ:

1.17

HEGD:

1.23

Calmar Ratio

OCTZ:

0.80

HEGD:

1.40

Martin Ratio

OCTZ:

3.06

HEGD:

4.56

Ulcer Index

OCTZ:

3.67%

HEGD:

2.51%

Daily Std Dev

OCTZ:

14.78%

HEGD:

9.37%

Max Drawdown

OCTZ:

-15.82%

HEGD:

-14.56%

Current Drawdown

OCTZ:

-2.19%

HEGD:

-1.00%

Returns By Period

In the year-to-date period, OCTZ achieves a 1.12% return, which is significantly lower than HEGD's 2.05% return.

OCTZ

YTD

1.12%

1M

8.75%

6M

0.68%

1Y

10.26%

5Y*

N/A

10Y*

N/A

HEGD

YTD

2.05%

1M

5.64%

6M

2.03%

1Y

10.31%

5Y*

N/A

10Y*

N/A

*Annualized

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OCTZ vs. HEGD - Expense Ratio Comparison

OCTZ has a 0.79% expense ratio, which is lower than HEGD's 0.87% expense ratio.

HEGD
Swan Hedged Equity US Large Cap ETF
OCTZ
TrueShares Structured Outcome (October) ETF

Risk-Adjusted Performance

OCTZ vs. HEGD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OCTZ
The Risk-Adjusted Performance Rank of OCTZ is 6969
Overall Rank
The Sharpe Ratio Rank of OCTZ is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of OCTZ is 6767
Sortino Ratio Rank
The Omega Ratio Rank of OCTZ is 6969
Omega Ratio Rank
The Calmar Ratio Rank of OCTZ is 7272
Calmar Ratio Rank
The Martin Ratio Rank of OCTZ is 7171
Martin Ratio Rank
HEGD
The Risk-Adjusted Performance Rank of HEGD is 8585
Overall Rank
The Sharpe Ratio Rank of HEGD is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of HEGD is 8686
Sortino Ratio Rank
The Omega Ratio Rank of HEGD is 8383
Omega Ratio Rank
The Calmar Ratio Rank of HEGD is 8888
Calmar Ratio Rank
The Martin Ratio Rank of HEGD is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OCTZ vs. HEGD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Structured Outcome (October) ETF (OCTZ) and Swan Hedged Equity US Large Cap ETF (HEGD). 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 OCTZ Sharpe Ratio is 0.70, which is lower than the HEGD Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of OCTZ and HEGD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Dividends

OCTZ vs. HEGD - Dividend Comparison

OCTZ's dividend yield for the trailing twelve months is around 1.25%, more than HEGD's 0.42% yield.

TTM2024202320222021
OCTZ
TrueShares Structured Outcome (October) ETF		1.25%1.26%3.28%0.68%0.00%
HEGD
Swan Hedged Equity US Large Cap ETF		0.42%0.43%0.39%0.87%0.31%

Drawdowns

OCTZ vs. HEGD - Drawdown Comparison

The maximum OCTZ drawdown since its inception was -15.82%, which is greater than HEGD's maximum drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for OCTZ and HEGD. For additional features, visit the drawdowns tool.

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Volatility

OCTZ vs. HEGD - Volatility Comparison

TrueShares Structured Outcome (October) ETF (OCTZ) has a higher volatility of 3.46% compared to Swan Hedged Equity US Large Cap ETF (HEGD) at 2.46%. This indicates that OCTZ's price experiences larger fluctuations and is considered to be riskier than HEGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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