OOO.AX vs. VEU.AX
OOO.AX (Betashares Crude Oil Index Currency Hedged Complex ETF) and VEU.AX (Vanguard All-World ex-US Shares Index ETF) are both Global Equities funds. OOO.AX is actively managed, while VEU.AX is passively managed. Over the past 10 years, OOO.AX returned 0.09%/yr vs 10.05%/yr for VEU.AX. At a 0.12 correlation, their price movements are largely independent.
Performance
OOO.AX vs. VEU.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OOO.AX achieves a 61.45% return, which is significantly higher than VEU.AX's 5.87% return. Over the past 10 years, OOO.AX has underperformed VEU.AX with an annualized return of 0.09%, while VEU.AX has yielded a comparatively higher 10.05% annualized return.
OOO.AX
- 1D
- -1.37%
- 1M
- 3.98%
- 6M
- 58.36%
- YTD
- 61.45%
- 1Y
- 49.48%
- 3Y*
- 18.76%
- 5Y*
- 11.03%
- 10Y*
- 0.09%
VEU.AX
- 1D
- -2.13%
- 1M
- -3.60%
- 6M
- 1.75%
- YTD
- 5.87%
- 1Y
- 14.97%
- 3Y*
- 16.21%
- 5Y*
- 10.20%
- 10Y*
- 10.05%
OOO.AX vs. VEU.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OOO.AX Betashares Crude Oil Index Currency Hedged Complex ETF | 61.45% | -7.58% | 10.33% | -4.20% | -1.77% | 80.75% | -69.47% | 32.63% | -20.15% | 2.22% |
VEU.AX Vanguard All-World ex-US Shares Index ETF | 5.87% | 23.17% | 16.80% | 14.76% | -8.44% | 14.15% | 2.08% | 22.31% | -6.28% | 15.86% |
Correlation
The correlation between OOO.AX and VEU.AX is -0.30, 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 | -0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2011 | 0.12 |
The correlation between OOO.AX and VEU.AX shifts across timeframes, from -0.30 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OOO.AX vs. VEU.AX — Risk / Return Rank
OOO.AX
VEU.AX
OOO.AX vs. VEU.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 Vanguard All-World ex-US Shares Index ETF (VEU.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 | VEU.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.23 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | 1.45 | -0.06 |
| Martin ratioReturn relative to average drawdown | 3.49 | 5.58 | -2.09 |
Loading charts...
Drawdowns
OOO.AX vs. VEU.AX - Drawdown Comparison
The maximum OOO.AX drawdown since its inception was -95.09%, which is greater than VEU.AX's maximum drawdown of -23.05%. Use the drawdown chart below to compare losses from any high point for OOO.AX and VEU.AX.
Loading charts...
Drawdown Indicators
| OOO.AX | VEU.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.09% | -23.05% | -72.04% |
Max Drawdown (1Y)Largest decline over 1 year | -33.79% | -9.87% | -23.92% |
Max Drawdown (3Y)Largest decline over 3 years | -33.79% | -9.87% | -23.92% |
Max Drawdown (5Y)Largest decline over 5 years | -51.22% | -18.46% | -32.76% |
Max Drawdown (10Y)Largest decline over 10 years | -86.96% | -23.05% | -63.91% |
Current DrawdownCurrent decline from peak | -74.38% | -4.47% | -69.91% |
Average DrawdownAverage peak-to-trough decline | -64.58% | -5.33% | -59.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.48% | 2.62% | +10.86% |
Volatility
OOO.AX vs. VEU.AX - Volatility Comparison
Betashares Crude Oil Index Currency Hedged Complex ETF (OOO.AX) has a higher volatility of 12.71% compared to Vanguard All-World ex-US Shares Index ETF (VEU.AX) at 4.47%. This indicates that OOO.AX's price experiences larger fluctuations and is considered to be riskier than VEU.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OOO.AX | VEU.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.71% | 4.47% | +8.24% |
Volatility (6M)Calculated over the trailing 6-month period | 61.18% | 11.33% | +49.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.90% | 12.58% | +52.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.15% | 11.24% | +33.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.75% | 11.72% | +33.03% |
Dividends
OOO.AX vs. VEU.AX - Dividend Comparison
OOO.AX's dividend yield for the trailing twelve months is around 4.15%, more than VEU.AX's 2.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OOO.AX Betashares Crude Oil Index Currency Hedged Complex ETF | 4.15% | 0.00% | 4.68% | 0.00% | 19.05% | 28.49% | 16.20% | 5.92% | 3.11% | 0.00% | 0.00% | 1.06% |
VEU.AX Vanguard All-World ex-US Shares Index ETF | 2.71% | 3.11% | 3.69% | 4.26% | 3.33% | 3.09% | 2.32% | 3.17% | 1.63% | 0.87% | 1.05% | 1.21% |
Frequently Asked Questions
OOO.AX and VEU.AX have a correlation of -0.30, 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 Vanguard.
Find the right allocation for OOO.AX and VEU.AX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer