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OEF vs. GECC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

OEF vs. GECC

Last updated Jun 4, 2026

OEF (iShares S&P 100 ETF) is Large Cap Growth Equities fund tracking the S&P 100 Index, while GECC (Great Elm Capital Corp.) is a stock. Over the past 5 years, OEF returned 15.70%/yr vs -10.35%/yr for GECC. At a 0.13 correlation, their price movements are largely independent.

Performance

OEF vs. GECC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 100 ETF (OEF) and Great Elm Capital Corp. (GECC). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, OEF achieves a 9.51% return, which is significantly higher than GECC's -8.64% return.

OEF

1D
-0.87%
1M
5.44%
YTD
9.51%
6M
9.34%
1Y
29.54%
3Y*
24.53%
5Y*
15.70%
10Y*
16.71%

GECC

1D
-1.94%
1M
9.95%
YTD
-8.64%
6M
-13.22%
1Y
-31.62%
3Y*
7.00%
5Y*
-10.35%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

OEF vs. GECC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
OEF
iShares S&P 100 ETF		9.51%19.80%30.74%32.71%-21.03%29.18%21.21%31.87%-4.16%21.82%
GECC
Great Elm Capital Corp.		-8.64%-25.44%18.85%50.81%-47.39%-4.46%-36.93%12.30%-11.10%-7.41%

Correlation

The correlation between OEF and GECC is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.12

Correlation (5Y)
Calculated over the trailing 5-year period

0.12

Correlation (All Time)
Calculated using the full available price history since Nov 7, 2016

0.13

The correlation between OEF and GECC shifts across timeframes, from 0.12 (5 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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iShares S&P 100 ETF

Great Elm Capital Corp.

Often compared with OEF:
OEF vs. SPYOEF vs. VOOOEF vs. QQQOEF vs. IOOOEF vs. SCHGOEF vs. SCHDOEF vs. IWFV.L
Often compared with GECC:
GECC vs. CSWCGECC vs. PBTGECC vs. NEWTGECC vs. PRFRXGECC vs. FXAIXGECC vs. MAINGECC vs. GAIN

Return for Risk

OEF vs. GECC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OEF
OEF Risk / Return Rank: 6464
Overall Rank
OEF Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
OEF Sortino Ratio Rank: 6767
Sortino Ratio Rank
OEF Omega Ratio Rank: 6868
Omega Ratio Rank
OEF Calmar Ratio Rank: 5353
Calmar Ratio Rank
OEF Martin Ratio Rank: 6262
Martin Ratio Rank
GECC
GECC Risk / Return Rank: 1515
Overall Rank
GECC Sharpe Ratio Rank: 99
Sharpe Ratio Rank
GECC Sortino Ratio Rank: 1212
Sortino Ratio Rank
GECC Omega Ratio Rank: 1111
Omega Ratio Rank
GECC Calmar Ratio Rank: 2020
Calmar Ratio Rank
GECC Martin Ratio Rank: 2121
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OEF vs. GECC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 100 ETF (OEF) and Great Elm Capital Corp. (GECC). 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.

OEFGECCDifference
Sharpe ratioReturn per unit of total volatility
2.33
-0.79

+3.13

Sortino ratioReturn per unit of downside risk
3.15
-0.94

+4.10

Omega ratioGain probability vs. loss probability

1.42

0.87

+0.55

Calmar ratioReturn relative to maximum drawdown

2.68

-0.59

+3.27

Martin ratioReturn relative to average drawdown

11.29

-0.96

+12.26

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OEF vs. GECC - Sharpe Ratio Comparison

The current OEF Sharpe Ratio is 2.33, which is higher than the GECC Sharpe Ratio of -0.79. The chart below compares the historical Sharpe Ratios of OEF and GECC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

OEFGECCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.33

-0.79

+3.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.89

-0.34

+1.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.91

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

-0.29

+0.74

Drawdowns

OEF vs. GECC - Drawdown Comparison

The maximum OEF drawdown since its inception was -54.11%, smaller than the maximum GECC drawdown of -74.01%. Use the drawdown chart below to compare losses from any high point for OEF and GECC.

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Drawdown Indicators

OEFGECCDifference

Max Drawdown

Largest peak-to-trough decline

-54.11%

-74.01%

+19.90%

Max Drawdown (1Y)

Largest decline over 1 year

-11.06%

-53.97%

+42.91%

Max Drawdown (3Y)

Largest decline over 3 years

-19.80%

-53.97%

+34.17%

Max Drawdown (5Y)

Largest decline over 5 years

-26.47%

-57.49%

+31.02%

Max Drawdown (10Y)

Largest decline over 10 years

-31.44%

—

—

Current Drawdown

Current decline from peak

-0.94%

-65.70%

+64.76%

Average Drawdown

Average peak-to-trough decline

-11.76%

-40.35%

+28.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.62%

32.95%

-30.33%

Volatility

OEF vs. GECC - Volatility Comparison

The current volatility for iShares S&P 100 ETF (OEF) is 3.14%, while Great Elm Capital Corp. (GECC) has a volatility of 19.85%. This indicates that OEF experiences smaller price fluctuations and is considered to be less risky than GECC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

OEFGECCDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.14%

19.85%

-16.71%

Volatility (6M)

Calculated over the trailing 6-month period

9.48%

30.62%

-21.14%

Volatility (1Y)

Calculated over the trailing 1-year period

12.73%

39.99%

-27.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.69%

30.60%

-12.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.44%

36.80%

-18.36%

Dividends

OEF vs. GECC - Dividend Comparison

OEF's dividend yield for the trailing twelve months is around 0.83%, less than GECC's 23.19% yield.

PositionTTM20252024202320222021202020192018201720162015
GECC
Great Elm Capital Corp.		23.19%21.01%13.19%14.09%23.52%12.99%31.60%13.44%12.69%10.12%1.42%0.00%
OEF
iShares S&P 100 ETF		0.83%0.81%1.03%1.19%1.55%1.06%1.43%1.87%2.09%1.81%2.07%2.11%

Frequently Asked Questions

OEF and GECC have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GECC has higher volatility (19.85%) compared to OEF (3.14%). In terms of maximum drawdown, OEF dropped -54.11% vs GECC's -74.01%.

OEF currently has the higher Sharpe Ratio (2.33 vs -0.79), 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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