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OTEC vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OTEC and IVV is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

OTEC vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OceanTech Acquisitions I Corp. (OTEC) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period


OTEC

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

3Y*

N/A

5Y*

N/A

10Y*

N/A

IVV

YTD

1.01%

1M

6.43%

6M

-0.85%

1Y

13.63%

3Y*

14.12%

5Y*

15.92%

10Y*

12.79%

*Annualized

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OceanTech Acquisitions I Corp.

iShares Core S&P 500 ETF

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

OTEC vs. IVV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OTEC
The Risk-Adjusted Performance Rank of OTEC is 5050
Overall Rank
The Sharpe Ratio Rank of OTEC is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of OTEC is 4141
Sortino Ratio Rank
The Omega Ratio Rank of OTEC is 5858
Omega Ratio Rank
The Calmar Ratio Rank of OTEC is 5252
Calmar Ratio Rank
The Martin Ratio Rank of OTEC is 5151
Martin Ratio Rank

IVV
The Risk-Adjusted Performance Rank of IVV is 6363
Overall Rank
The Sharpe Ratio Rank of IVV is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of IVV is 6060
Sortino Ratio Rank
The Omega Ratio Rank of IVV is 6363
Omega Ratio Rank
The Calmar Ratio Rank of IVV is 6666
Calmar Ratio Rank
The Martin Ratio Rank of IVV is 6464
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.

OTEC vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for OceanTech Acquisitions I Corp. (OTEC) and iShares Core S&P 500 ETF (IVV). 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.



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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

OTEC vs. IVV - Dividend Comparison

OTEC has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.31%.


TTM20242023202220212020201920182017201620152014
OTEC
OceanTech Acquisitions I Corp.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IVV
iShares Core S&P 500 ETF
1.31%1.30%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%

Drawdowns

OTEC vs. IVV - Drawdown Comparison


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

OTEC vs. IVV - Volatility Comparison


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