OCTW vs ARDC

Comparison between ALLIANZIM U.S. EQUITY BUFFER20 OCT ETF (OCTW, ETF) and Ares Dynamic Credit Allocation Fund Inc (ARDC, ETF).

5-Year PerformanceOCTW has outperformed ARDC, delivering a return of +8.9% compared to +5.3%

OCTW vs ARDC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OCTW(ETF)	ARDC(ETF)
Net Assets	$321M	$322M
Expense Ratio	0.74%	N/A
Max Drawdown	8.38%	57.11%
Sharpe Ratio	1.24	-0.57
5Y Beta	0.38	0.38
5Y Dividends CAGR	N/A	2.90%

Net Assets

OCTW

$321M

Winner

ARDC

$322M

Expense Ratio

OCTW

0.74%

ARDC

N/A

Max Drawdown

Winner

OCTW

8.38%

ARDC

57.11%

Sharpe Ratio

Winner

OCTW

1.24

ARDC

-0.57

5Y Beta

OCTW

0.38

Winner

ARDC

0.38

5Y Dividends CAGR

OCTW

N/A

ARDC

2.90%

OCTW vs ARDC - Historical Returns

Returns include dividend reinvestment.

Period	OCTW	ARDC
1 month	+0.70%	+0.58%
3 months	+3.26%	+3.95%
6 months	+5.10%	-2.14%
1 year	+10.14%	-2.76%
5 years(CAGR)	+8.92%	+5.25%
10 years(CAGR)	N/A	+8.24%
Max(CAGR)	+8.98%	+5.61%

Winner

OCTW

+0.70%

ARDC

+0.58%

OCTW

+3.26%

Winner

ARDC

+3.95%

Winner

OCTW

+5.10%

ARDC

-2.14%

Winner

OCTW

+10.14%

ARDC

-2.76%

5Y(CAGR)

Winner

OCTW

+8.92%

ARDC

+5.25%

10Y(CAGR)

OCTW

N/A

ARDC

+8.24%

Max(CAGR)

Winner

OCTW

+8.98%

ARDC

+5.61%

OCTW vs ARDC - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	OCTW	ARDC
2026	+5.42%	+0.31%
2025	+9.83%	-3.74%
2024	+8.84%	+19.73%
2023	+17.72%	+31.58%
2022	+0.29%	-21.58%
2021	+7.07%	+23.06%
2020	+4.11%	+2.84%
2019	N/A	+19.70%
2018	N/A	-8.99%
2017	N/A	+17.00%
2016	N/A	+23.95%
2015	N/A	-7.90%
2014	N/A	-5.03%
2013	N/A	-3.23%
2012	N/A	+0.05%

OCTW vs ARDC Drawdown Comparison

The maximum drawdown for OCTW was -8.38%, occurring on Apr 8, 2025. Recovery took 76 trading sessions.

The maximum drawdown for ARDC was -45.40%, occurring on Mar 18, 2020. Recovery took 229 trading sessions.

The current OCTW drawdown is -0.11%. The current ARDC drawdown is -7.33%.

Rank	OCTW	ARDC
#1	-8.38% Feb 18, 2025 - Jun 6, 2025	-45.40% Feb 21, 2020 - Jan 19, 2021
#2	-6.96% Jan 3, 2022 - Nov 10, 2022	-26.47% Jan 6, 2022 - Dec 19, 2023
#3	-3.65% Feb 25, 2026 - Apr 13, 2026	-24.69% May 13, 2013 - Dec 7, 2016
#4	-2.79% Oct 12, 2020 - Nov 5, 2020	-19.78% Feb 11, 2025 - Sep 5, 2025
#5	-2.69% Feb 2, 2023 - Mar 31, 2023	-16.92% May 21, 2018 - May 24, 2019
#6	-2.64% Oct 11, 2023 - Nov 3, 2023	-15.57% Sep 12, 2025 - Mar 30, 2026
#7	-2.33% Dec 2, 2022 - Jan 12, 2023	-6.37% Sep 22, 2021 - Dec 31, 2021
#8	-2.01% Oct 27, 2025 - Dec 3, 2025	-4.58% Dec 10, 2012 - Mar 28, 2013
#9	-1.73% Nov 16, 2021 - Dec 23, 2021	-4.08% May 15, 2024 - Jun 6, 2024
#10	-1.49% Jul 31, 2024 - Aug 13, 2024	-3.86% Aug 1, 2024 - Aug 16, 2024
#11	-1.41% Dec 6, 2024 - Jan 17, 2025	-3.72% Dec 2, 2024 - Feb 3, 2025
#12	-1.26% Jan 20, 2021 - Feb 8, 2021	-3.61% Jul 16, 2019 - Dec 17, 2019
#13	-1.15% Oct 8, 2025 - Oct 20, 2025	-3.50% Oct 24, 2017 - Nov 24, 2017
#14	-1.12% May 1, 2023 - May 15, 2023	-3.40% Jul 13, 2021 - Aug 10, 2021
#15	-1.12% Oct 14, 2024 - Nov 6, 2024	-3.22% Apr 1, 2024 - May 3, 2024