OWNS vs. ITB
Compare and contrast key facts about CCM Affordable Housing MBS ETF (OWNS) and iShares U.S. Home Construction ETF (ITB).
OWNS and ITB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OWNS is an actively managed fund by CCM. It was launched on Jul 27, 2021. ITB is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Home Construction Index. It was launched on May 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OWNS or ITB.
Correlation
The correlation between OWNS and ITB is 0.33, 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
OWNS vs. ITB - Performance Comparison
Key characteristics
OWNS:
0.86
ITB:
-0.14
OWNS:
1.32
ITB:
-0.02
OWNS:
1.15
ITB:
1.00
OWNS:
0.42
ITB:
-0.15
OWNS:
2.06
ITB:
-0.36
OWNS:
2.49%
ITB:
10.17%
OWNS:
5.98%
ITB:
26.17%
OWNS:
-17.05%
ITB:
-86.53%
OWNS:
-5.95%
ITB:
-23.91%
Returns By Period
In the year-to-date period, OWNS achieves a 1.12% return, which is significantly higher than ITB's -4.91% return.
OWNS
1.12%
1.46%
-1.11%
5.43%
N/A
N/A
ITB
-4.91%
-10.40%
-20.01%
-5.78%
15.14%
13.95%
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OWNS vs. ITB - Expense Ratio Comparison
OWNS has a 0.30% expense ratio, which is lower than ITB's 0.42% expense ratio.
Risk-Adjusted Performance
OWNS vs. ITB — Risk-Adjusted Performance Rank
OWNS
ITB
OWNS vs. ITB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CCM Affordable Housing MBS ETF (OWNS) and iShares U.S. Home Construction ETF (ITB). 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.
Dividends
OWNS vs. ITB - Dividend Comparison
OWNS's dividend yield for the trailing twelve months is around 3.71%, more than ITB's 0.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OWNS CCM Affordable Housing MBS ETF | 3.71% | 3.75% | 3.01% | 2.49% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ITB iShares U.S. Home Construction ETF | 0.48% | 0.46% | 0.48% | 0.86% | 0.37% | 0.46% | 0.50% | 0.63% | 0.28% | 0.43% | 0.34% | 0.34% |
Drawdowns
OWNS vs. ITB - Drawdown Comparison
The maximum OWNS drawdown since its inception was -17.05%, smaller than the maximum ITB drawdown of -86.53%. Use the drawdown chart below to compare losses from any high point for OWNS and ITB. For additional features, visit the drawdowns tool.
Volatility
OWNS vs. ITB - Volatility Comparison
The current volatility for CCM Affordable Housing MBS ETF (OWNS) is 1.40%, while iShares U.S. Home Construction ETF (ITB) has a volatility of 7.67%. This indicates that OWNS experiences smaller price fluctuations and is considered to be less risky than ITB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.