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SVARX vs. OEF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SVARX vs. OEF

Last updated Jun 16, 2026

SVARX (Spectrum Low Volatility Fund) and OEF (iShares S&P 100 ETF) are both funds - SVARX is a Nontraditional Bonds fund managed by Advisors Preferred, while OEF is a Large Cap Blend Equities fund tracking the S&P 100 Index. Over the past 10 years, SVARX returned 6.01%/yr vs 16.78%/yr for OEF. At a 0.38 correlation, their price movements are largely independent. SVARX charges 2.34%/yr vs 0.20%/yr for OEF.

Performance

SVARX vs. OEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Spectrum Low Volatility Fund (SVARX) and iShares S&P 100 ETF (OEF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SVARX achieves a 1.14% return, which is significantly lower than OEF's 8.71% return. Over the past 10 years, SVARX has underperformed OEF with an annualized return of 6.01%, while OEF has yielded a comparatively higher 16.78% annualized return.

SVARX

1D
0.17%
1M
0.46%
YTD
1.14%
6M
1.70%
1Y
5.86%
3Y*
6.63%
5Y*
3.10%
10Y*
6.01%

OEF

1D
2.03%
1M
0.66%
YTD
8.71%
6M
9.60%
1Y
28.24%
3Y*
23.02%
5Y*
15.42%
10Y*
16.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SVARX vs. OEF - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SVARX
Spectrum Low Volatility Fund		1.14%6.22%2.60%9.67%-4.35%4.10%19.50%9.42%-0.99%8.25%
OEF
iShares S&P 100 ETF		8.71%19.80%30.74%32.71%-21.03%29.18%21.21%31.87%-4.16%21.82%

Correlation

The correlation between SVARX and OEF is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.45

Correlation (3Y)
Calculated over the trailing 3-year period

0.38

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (10Y)
Calculated over the trailing 10-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Dec 17, 2013

0.38

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Spectrum Low Volatility Fund

iShares S&P 100 ETF

Often compared with SVARX:
SVARX vs. ACWVSVARX vs. HFSAXSVARX vs. VMFXXSVARX vs. BILSVARX vs. VOOSVARX vs. VWNEXSVARX vs. AGZD
Often compared with OEF:
OEF vs. SPYOEF vs. VOOOEF vs. QQQOEF vs. IOOOEF vs. SCHGOEF vs. SCHDOEF vs. ESGV

Return for Risk

SVARX vs. OEF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SVARX
SVARX Risk / Return Rank: 5656
Overall Rank
SVARX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
SVARX Sortino Ratio Rank: 6262
Sortino Ratio Rank
SVARX Omega Ratio Rank: 7878
Omega Ratio Rank
SVARX Calmar Ratio Rank: 4343
Calmar Ratio Rank
SVARX Martin Ratio Rank: 2424
Martin Ratio Rank
OEF
OEF Risk / Return Rank: 6868
Overall Rank
OEF Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
OEF Sortino Ratio Rank: 7171
Sortino Ratio Rank
OEF Omega Ratio Rank: 7474
Omega Ratio Rank
OEF Calmar Ratio Rank: 5757
Calmar Ratio Rank
OEF Martin Ratio Rank: 6464
Martin Ratio Rank
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.

SVARX vs. OEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Spectrum Low Volatility Fund (SVARX) and iShares S&P 100 ETF (OEF). 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.

SVARXOEFDifference
Sharpe ratioReturn per unit of total volatility
2.09
2.14

-0.05

Sortino ratioReturn per unit of downside risk
2.77
2.87

-0.10

Omega ratioGain probability vs. loss probability

1.44

1.39

+0.05

Calmar ratioReturn relative to maximum drawdown

2.22

2.57

-0.35

Martin ratioReturn relative to average drawdown

5.07

10.52

-5.45

SVARX vs. OEF - Sharpe Ratio Comparison

The current SVARX Sharpe Ratio is 2.09, which is comparable to the OEF Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of SVARX and OEF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SVARX vs. OEF - Drawdown Comparison

The maximum SVARX drawdown since its inception was -6.48%, smaller than the maximum OEF drawdown of -54.11%. Use the drawdown chart below to compare losses from any high point for SVARX and OEF.

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Drawdown Indicators

SVARXOEFDifference

Max Drawdown

Largest peak-to-trough decline

-6.48%

-54.11%

+47.63%

Max Drawdown (1Y)

Largest decline over 1 year

-2.55%

-11.06%

+8.51%

Max Drawdown (3Y)

Largest decline over 3 years

-2.55%

-19.80%

+17.25%

Max Drawdown (5Y)

Largest decline over 5 years

-6.48%

-26.47%

+19.99%

Max Drawdown (10Y)

Largest decline over 10 years

-6.48%

-31.44%

+24.96%

Current Drawdown

Current decline from peak

-1.65%

-1.67%

+0.02%

Average Drawdown

Average peak-to-trough decline

-1.23%

-11.74%

+10.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.12%

2.69%

-1.57%

Volatility

SVARX vs. OEF - Volatility Comparison

The current volatility for Spectrum Low Volatility Fund (SVARX) is 0.83%, while iShares S&P 100 ETF (OEF) has a volatility of 4.96%. This indicates that SVARX experiences smaller price fluctuations and is considered to be less risky than OEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SVARXOEFDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.83%

4.96%

-4.13%

Volatility (6M)

Calculated over the trailing 6-month period

2.20%

10.42%

-8.22%

Volatility (1Y)

Calculated over the trailing 1-year period

2.71%

13.29%

-10.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.10%

17.79%

-14.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.68%

18.49%

-14.81%

SVARX vs. OEF - Expense Ratio Comparison

SVARX has a 2.34% expense ratio, which is higher than OEF's 0.20% expense ratio.

Dividends

SVARX vs. OEF - Dividend Comparison

SVARX's dividend yield for the trailing twelve months is around 5.88%, more than OEF's 1.04% yield.

PositionTTM20252024202320222021202020192018201720162015
OEF
iShares S&P 100 ETF		1.04%0.81%1.03%1.19%1.55%1.06%1.43%1.87%2.09%1.81%2.07%2.11%
SVARX
Spectrum Low Volatility Fund		5.88%5.95%9.35%3.35%0.00%5.85%0.71%4.91%2.41%6.90%9.07%3.02%

Frequently Asked Questions

SVARX and OEF have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

OEF has higher volatility (4.96%) compared to SVARX (0.83%). In terms of maximum drawdown, SVARX dropped -6.48% vs OEF's -54.11%.

OEF currently has the higher Sharpe Ratio (2.14 vs 2.09), 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.

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