ONEH vs. OCTZ
ONEH (TrueShares Equity Hedge ETF) and OCTZ (TrueShares Structured Outcome (October) ETF) are both exchange-traded funds - ONEH is a Equity Hedged fund actively managed by TrueShares, while OCTZ is a Defined Outcome fund actively managed by TrueShares. Both are actively managed. Their 0.17 correlation means their historical movements had little consistent relationship. Both charge a 0.79% expense ratio.
Performance
ONEH vs. OCTZ - Performance Comparison
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Returns By Period
ONEH
- 1D
- 0.04%
- 1M
- 0.20%
- 6M
- -1.04%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
OCTZ
- 1D
- 0.80%
- 1M
- -0.12%
- 6M
- 5.95%
- YTD
- 6.95%
- 1Y
- 15.12%
- 3Y*
- 13.88%
- 5Y*
- 10.11%
- 10Y*
- —
- ALL TIME*
- 12.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $71.97K | $50.10K | $397.36K | |
| $75.57K | $59.30K | $74.10K |
ONEH vs. OCTZ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ONEH TrueShares Equity Hedge ETF | -1.24% |
OCTZ TrueShares Structured Outcome (October) ETF | 4.71% |
Correlation
The correlation between ONEH and OCTZ is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 29, 2026 | 0.17 |
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Return for Risk
ONEH vs. OCTZ — Risk / Return Rank
ONEH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
OCTZ
ONEH vs. OCTZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Equity Hedge ETF (ONEH) and TrueShares Structured Outcome (October) ETF (OCTZ). 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.
| ONEH | OCTZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.90 | — |
| Martin ratioReturn relative to average drawdown | — | 7.40 | — |
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Drawdowns
ONEH vs. OCTZ - Drawdown Comparison
The maximum ONEH drawdown since its inception was -3.55%, smaller than the maximum OCTZ drawdown of -15.82%. Use the drawdown chart below to compare losses from any high point for ONEH and OCTZ.
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Drawdown Indicators
| ONEH | OCTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.55% | -15.82% | +12.27% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.31% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.07% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.82% | — |
Current DrawdownCurrent decline from peak | -1.24% | -1.66% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -1.50% | -3.12% | +1.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.88% | — |
Volatility
ONEH vs. OCTZ - Volatility Comparison
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Volatility by Period
| ONEH | OCTZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.81% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.27% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.04% | 10.39% | -5.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 12.51% | -7.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.04% | 12.38% | -7.34% |
ONEH vs. OCTZ - Expense Ratio Comparison
Both ONEH and OCTZ have an expense ratio of 0.79%.
Dividends
ONEH vs. OCTZ - Dividend Comparison
ONEH has not paid dividends to shareholders, while OCTZ's dividend yield for the trailing twelve months is around 3.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
OCTZ TrueShares Structured Outcome (October) ETF | 3.73% | 3.99% | 1.26% | 3.28% | 0.67% |
ONEH TrueShares Equity Hedge ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ONEH and OCTZ have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ONEH and OCTZ have the same expense ratio: 0.79% per year.
OCTZ has the higher dividend yield at 3.73%, compared with 0.00% for ONEH.
ONEH is categorized as Equity Hedged, while OCTZ is Defined Outcome.
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