OOO.AX vs. CORE.AX
OOO.AX (Betashares Crude Oil Index Currency Hedged Complex ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. Both are actively managed. Over the past year, OOO.AX returned 50.75% vs 15.14% for CORE.AX. At a correlation of -0.10, they often move in opposite directions.
Performance
OOO.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, OOO.AX achieves a 63.70% return, which is significantly higher than CORE.AX's 4.95% return.
OOO.AX
- 1D
- 0.00%
- 1M
- -0.10%
- 6M
- 56.08%
- YTD
- 63.70%
- 1Y
- 50.75%
- 3Y*
- 19.00%
- 5Y*
- 11.34%
- 10Y*
- 0.01%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OOO.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OOO.AX Betashares Crude Oil Index Currency Hedged Complex ETF | 63.70% | 0.59% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between OOO.AX and CORE.AX is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | -0.10 |
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Return for Risk
OOO.AX vs. CORE.AX — Risk / Return Rank
OOO.AX
CORE.AX
OOO.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Betashares Crude Oil Index Currency Hedged Complex ETF (OOO.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
| OOO.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.28 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.68 | -0.24 |
| Martin ratioReturn relative to average drawdown | 3.62 | 4.54 | -0.92 |
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Drawdowns
OOO.AX vs. CORE.AX - Drawdown Comparison
The maximum OOO.AX drawdown since its inception was -95.09%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for OOO.AX and CORE.AX.
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Drawdown Indicators
| OOO.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.09% | -10.20% | -84.89% |
Max Drawdown (1Y)Largest decline over 1 year | -33.79% | -10.20% | -23.59% |
Max Drawdown (3Y)Largest decline over 3 years | -33.79% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -51.22% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -86.96% | — | — |
Current DrawdownCurrent decline from peak | -74.02% | -1.34% | -72.68% |
Average DrawdownAverage peak-to-trough decline | -64.58% | -2.60% | -61.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.72% | — | — |
Volatility
OOO.AX vs. CORE.AX - Volatility Comparison
Betashares Crude Oil Index Currency Hedged Complex ETF (OOO.AX) has a higher volatility of 12.86% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that OOO.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OOO.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.86% | 2.12% | +10.74% |
Volatility (6M)Calculated over the trailing 6-month period | 61.15% | 7.39% | +53.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.88% | 12.44% | +52.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.17% | 12.50% | +32.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.75% | 12.50% | +32.25% |
Dividends
OOO.AX vs. CORE.AX - Dividend Comparison
OOO.AX's dividend yield for the trailing twelve months is around 4.10%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OOO.AX Betashares Crude Oil Index Currency Hedged Complex ETF | 4.10% | 0.00% | 4.68% | 0.00% | 19.05% | 28.49% | 16.20% | 5.92% | 3.11% | 0.00% | 0.00% | 1.06% |
Frequently Asked Questions
OOO.AX and CORE.AX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BetaShares and Schroder.
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