- ISIN
- US67110P1003
- CUSIP
- 67110P100
- Issuer
- O'Shares Investments
- Inception Date
- Dec 30, 2016
- Region
- North America (U.S.)
- Category
- Small Cap Blend Equities, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- O'Shares US Small-Cap Quality Dividend Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $875M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
OUSM Performance Chart
OShares U.S. Small-Cap Quality Dividend ETF (OUSM) is up 8.3% since the beginning of the year. OUSM is currently trading at $47 per share. Investors who bought $1,000 worth of OUSM shares 5 years ago would now be looking at an investment worth $1,488.
Loading charts...
Returns By Period
OShares U.S. Small-Cap Quality Dividend ETF (OUSM) has returned 8.33% so far this year and 13.79% over the past 12 months.
OShares U.S. Small-Cap Quality Dividend ETF
- 1D
- 0.02%
- 1M
- 1.06%
- YTD
- 8.33%
- 6M
- 6.41%
- 1Y
- 13.79%
- 3Y*
- 12.00%
- 5Y*
- 8.27%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
OUSM Monthly Returns History
Based on dividend-adjusted daily data since Dec 30, 2016, OUSM's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, an investment would double in approximately 6.9 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +13.1%, while the worst month was Mar 2020 at -19.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, OUSM closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +9.5%, while the worst single day was Mar 16, 2020 at -12.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.73% | 2.86% | -5.83% | 6.91% | -0.79% | 1.65% | 8.33% | ||||||
| 2025 | 1.58% | -1.65% | -3.36% | -2.00% | 3.45% | 1.93% | 0.64% | 3.96% | -0.48% | -2.66% | 0.77% | 0.27% | 2.17% |
| 2024 | -0.80% | 4.71% | 4.93% | -5.50% | 4.11% | -1.25% | 7.16% | 0.11% | 2.25% | -1.98% | 6.63% | -6.55% | 13.45% |
| 2023 | 9.20% | -2.63% | -0.68% | 0.48% | -3.85% | 8.04% | 1.59% | -1.61% | -3.83% | -3.44% | 7.39% | 8.14% | 18.82% |
| 2022 | -5.04% | -1.69% | 0.68% | -5.57% | 3.65% | -6.92% | 8.47% | -3.88% | -8.52% | 10.49% | 6.88% | -4.50% | -7.89% |
| 2021 | -0.98% | 5.43% | 5.43% | 3.43% | 1.01% | -1.27% | 2.38% | 1.21% | -4.39% | 5.32% | -3.51% | 6.26% | 21.45% |
Benchmark Metrics
OShares U.S. Small-Cap Quality Dividend ETF has an annualized alpha of -2.31%, beta of 0.89, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since December 30, 2016.
- This ETF participated in 101.93% of S&P 500 Index downside but only 84.97% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -2.31% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.89 and R2 of 0.75, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -2.31%
- Beta
- 0.89
- R²
- 0.75
- Upside Capture
- 84.97%
- Downside Capture
- 101.93%
Expense Ratio
OUSM has an expense ratio of 0.48%, placing it in the medium range.
Return for Risk
Risk / Return Rank
OUSM ranks 30 for risk / return — below 30% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for OShares U.S. Small-Cap Quality Dividend ETF (OUSM) and compare them to S&P 500 Index.
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.
| OUSM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.37 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 2.78 | -1.28 |
| Martin ratioReturn relative to average drawdown | 4.39 | 12.44 | -8.05 |
Dividends
Dividend History
OShares U.S. Small-Cap Quality Dividend ETF provided a 2.03% dividend yield over the last twelve months, with an annual payout of $0.95 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.95 | $0.91 | $0.71 | $0.64 | $0.67 | $0.58 | $0.63 | $0.59 | $0.62 | $0.59 |
Dividend yield | 2.03% | 2.09% | 1.62% | 1.64% | 1.98% | 1.55% | 2.02% | 1.99% | 2.63% | 2.17% |
Monthly Dividends
The table displays the monthly dividend distributions for OShares U.S. Small-Cap Quality Dividend ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.09 | $0.10 | $0.02 | $0.09 | $0.11 | $0.44 | ||||||
| 2025 | $0.03 | $0.05 | $0.11 | $0.04 | $0.05 | $0.12 | $0.04 | $0.06 | $0.09 | $0.03 | $0.07 | $0.22 | $0.91 |
| 2024 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.10 | $0.15 | $0.71 |
| 2023 | $0.03 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.06 | $0.06 | $0.05 | $0.05 | $0.07 | $0.64 |
| 2022 | $0.03 | $0.04 | $0.06 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.06 | $0.05 | $0.07 | $0.13 | $0.67 |
| 2021 | $0.03 | $0.03 | $0.04 | $0.02 | $0.04 | $0.05 | $0.05 | $0.05 | $0.07 | $0.04 | $0.05 | $0.11 | $0.58 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the OShares U.S. Small-Cap Quality Dividend ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the OShares U.S. Small-Cap Quality Dividend ETF was 39.84%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current OShares U.S. Small-Cap Quality Dividend ETF drawdown is 0.35%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -39.84%Mar 2020 | 2mo 6d | 7mo 28d | 10mo 4dJan 2020 - Nov 2020 |
Rate-hike selloffLate 2018 | -22.47%Dec 2018 | 3mo 8d | 10mo 8d | 1y 1moSep 2018 - Oct 2019 |
2025 selloff2025 | -19.44%Apr 2025 | 4mo 13d | 10mo 2d | 1y 2moNov 2024 - Feb 2026 |
Bear market2022 | -19.05%Sep 2022 | 8mo 28d | 4mo 4d | 1y 27dJan 2022 - Feb 2023 |
2023 correction2023 | -11.02%Oct 2023 | 3mo 9d | 1mo 15d | 4mo 24dJul 2023 - Dec 2023 |
Drawdown Indicators
| OUSM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.84% | -56.78% | +16.94% |
Max Drawdown (1Y)Largest decline over 1 year | -9.21% | -9.10% | -0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -19.44% | -18.90% | -0.54% |
Max Drawdown (5Y)Largest decline over 5 years | -19.44% | -25.43% | +5.99% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.35% | -1.80% | +1.45% |
Average DrawdownAverage peak-to-trough decline | -5.19% | -10.71% | +5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 2.03% | +1.12% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with OUSM
Add OShares U.S. Small-Cap Quality Dividend ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with OUSM