OWNS vs. VETZ

Last updated Jun 26, 2026

OWNS (CCM Affordable Housing MBS ETF) and VETZ (Academy Veteran Bond ETF) are both Mortgage Backed Securities funds. Both are actively managed. Over the past year, OWNS returned 5.93% vs 5.89% for VETZ. A 0.76 correlation means they provide meaningful diversification when combined. OWNS charges 0.30%/yr vs 0.35%/yr for VETZ.

Performance

OWNS vs. VETZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CCM Affordable Housing MBS ETF (OWNS) and Academy Veteran Bond ETF (VETZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OWNS achieves a 1.23% return, which is significantly lower than VETZ's 1.62% return.

OWNS

• 1D: 0.06%
• 1M: 1.15%
• YTD: 1.23%
• 6M: 1.14%
• 1Y: 5.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VETZ

• 1D: 0.05%
• 1M: 1.25%
• YTD: 1.62%
• 6M: 1.71%
• 1Y: 5.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OWNS vs. VETZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OWNS CCM Affordable Housing MBS ETF	1.23%	7.75%	3.65%
VETZ Academy Veteran Bond ETF	1.62%	8.02%	3.78%

Correlation

The correlation between OWNS and VETZ is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (All Time) Calculated using the full available price history since Mar 18, 2024	0.76

The correlation between OWNS and VETZ has been stable across timeframes, ranging from 0.72 to 0.76 - a consistent structural relationship.

Return for Risk

OWNS vs. VETZ — Risk / Return Rank

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

OWNS

OWNS Risk / Return Rank: 41
OWNS Sharpe Ratio Rank: 42
OWNS Sortino Ratio Rank: 42
OWNS Omega Ratio Rank: 41
OWNS Calmar Ratio Rank: 43
OWNS Martin Ratio Rank: 38

VETZ

VETZ Risk / Return Rank: 42
VETZ Sharpe Ratio Rank: 38
VETZ Sortino Ratio Rank: 39
VETZ Omega Ratio Rank: 36
VETZ Calmar Ratio Rank: 49
VETZ Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OWNS vs. VETZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CCM Affordable Housing MBS ETF (OWNS) and Academy Veteran Bond ETF (VETZ). 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.

	OWNS	VETZ	Difference
Sharpe ratio: Return per unit of total volatility	1.34	1.25	+0.08
Sortino ratio: Return per unit of downside risk	1.98	1.87	+0.11
Omega ratio: Gain probability vs. loss probability	1.25	1.22	+0.02
Calmar ratio: Return relative to maximum drawdown	1.97	2.16	-0.20
Martin ratio: Return relative to average drawdown	5.43	7.13	-1.69

OWNS vs. VETZ - Sharpe Ratio Comparison

The current OWNS Sharpe Ratio is 1.34, which is comparable to the VETZ Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of OWNS and VETZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OWNS vs. VETZ - Drawdown Comparison

The maximum OWNS drawdown since its inception was -5.39%, roughly equal to the maximum VETZ drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for OWNS and VETZ.

Drawdown Indicators

	OWNS	VETZ	Difference
Max Drawdown Largest peak-to-trough decline	-5.39%	-5.16%	-0.23%
Max Drawdown (1Y) Largest decline over 1 year	-3.03%	-2.73%	-0.30%
Current Drawdown Current decline from peak	-0.82%	-0.41%	-0.41%
Average Drawdown Average peak-to-trough decline	-1.55%	-1.30%	-0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	0.83%	+0.26%

Volatility

OWNS vs. VETZ - Volatility Comparison

CCM Affordable Housing MBS ETF (OWNS) and Academy Veteran Bond ETF (VETZ) have volatilities of 1.31% and 1.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OWNS	VETZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.31%	1.25%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	3.23%	3.32%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	4.46%	4.73%	-0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.38%	6.12%	-0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.38%	6.12%	-0.74%

OWNS vs. VETZ - Expense Ratio Comparison

OWNS has a 0.30% expense ratio, which is lower than VETZ's 0.35% expense ratio.

Dividends

OWNS vs. VETZ - Dividend Comparison

OWNS's dividend yield for the trailing twelve months is around 4.27%, less than VETZ's 6.10% yield.

Position	TTM	2025	2024	2023
OWNS CCM Affordable Housing MBS ETF	4.27%	4.12%	3.75%	0.00%
VETZ Academy Veteran Bond ETF	6.10%	6.14%	5.89%	1.88%

Frequently Asked Questions

Can I hold both OWNS and VETZ in my portfolio?

OWNS and VETZ have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OWNS or VETZ?

OWNS has higher volatility (1.31%) compared to VETZ (1.25%). In terms of maximum drawdown, OWNS dropped -5.39% vs VETZ's -5.16%.

Which ETF is better, OWNS or VETZ?

On 1-year performance, OWNS leads with 5.93% vs 5.89% for VETZ. On fees, OWNS is cheaper at 0.30% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OWNS or VETZ?

Over the 1-year period, OWNS has performed better with a 5.93% return vs 5.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OWNS or VETZ?

OWNS is cheaper with a 0.30% expense ratio, compared with 0.35% for VETZ.

Which ETF pays a higher dividend yield, OWNS or VETZ?

VETZ has the higher dividend yield at 6.10%, compared with 4.27% for OWNS.

What is the main difference between OWNS and VETZ?

They also come from different issuers: CCM and Academy. Their fees differ too: 0.30% for OWNS and 0.35% for VETZ.

Which has better risk-adjusted returns?

OWNS currently has the higher Sharpe Ratio (1.34 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.