Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
ClearShares OCIO ETF
$38.040.00 (0.00%)
- 0.66%
- $174M
- +14.4%
- 9.22%
- 0M sh
- $38.17
- low $33.37high $38.52
The ETF.net OCIO Grade
B
Score 61 out of 100
- 10 of 37
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C46 out of 100Rank 20 of 37Mission
Whether the fund did what it promised, tested against its stated mandate.A92 out of 100Rank 4 of 29Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 21 of 35Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D35 out of 100Rank 30 of 37Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 1 of 33Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 11 of 37
Our read on OCIO
BMost allocation ETFs hand you fixed weights and wish you luck. OCIO is actively managed with one stated goal: outperform a traditional global 60/40 portfolio, from a few dozen positions, for 0.66% a year.
The Fund seeks to outperform a traditional 60/40 portfolio of global equities and fixed-income investments.
Why people hold it
- The mandate is refreshingly blunt: aim to beat a traditional 60/40 mix of global stocks and bonds. Managers can shift the blend rather than ride fixed weights.
- At 0.66% a year, this active multi-asset mandate prices below the typical fee in the allocation category.
- The portfolio stays closely aligned with its stated global multi-asset mandate, and the fund sits in the upper half of its allocation peer group.
- Trading since 2017, so there is a real multi-cycle record to read instead of a backtest.
Worth knowing
- Thinly traded next to the category's giants. Limit orders matter, and spreads can widen when markets get jumpy.
- Pricier than fixed-weight rivals doing a similar job: AOA charges 0.19% and IRTR 0.08%.
- Active discretion cuts both ways. The mix reflects a manager's judgment, so the ride can look quite different from a static 60/40.
OCIO Holdings
- Stocks
- 55
- 48%
- QQQ
Sectors
- Technology38.7%
- Financials13.2%
- Industrials10.4%
- Health Care8.3%
- Consumer Discretionary7.4%
- Communication6.6%
- Energy4.2%
- Consumer Staples4.1%
- Materials3.1%
- Utilities2.0%
- Real Estate1.6%
Geography
- United States100.00%
OCIO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
OCIO$11,440
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | OCIO |
|---|---|
| Year to date | +10.7% |
| 1 month | +0.7% |
| 3 months | +1.5% |
| 1 year | +14.4% |
| 3 years | +14.6% |
| 5 years | +7.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | OCIO |
|---|---|---|
| 2026 YTD | +10.7% | |
| 2025 | +12.7% | |
| 2024 | +12.8% | |
| 2023 | +12.0% | |
| 2022 | −12.5% | |
| 2021 | +13.2% | |
| 2020 | +11.5% |
OCIO in the news
OCIO Dividends
- 9.22%
- $3.51
- $0.11 per share
- Quarterly
Distribution history
OCIO Risk
- 8.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.13
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.84
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
OCIO Cost
0.66%
OCIO0.66%
- The middle half of Multi-Asset Allocation funds
- Median 0.58%
20 of the 37 Multi-Asset Allocation funds charge less.
Other funds in Multi-Asset Allocation
- BDDVEA Series Trust - Defined Duration 5 ETFExpense ratio 0.27%1 year return —
- BELMElm Market Navigator ETFExpense ratio 0.24%1 year return +12.1%
- BTBFGBrinsmere Fund Growth ETFExpense ratio 0.46%1 year return +14.9%
- BRAAXVanEck Real Assets ETFExpense ratio 0.55%1 year return +22.1%
- BRMHYGlobal X Adaptive Risk Managed Yield ETFExpense ratio 0.35%1 year return —