BFIX vs. OOSP
Compare and contrast key facts about Build Bond Innovation ETF (BFIX) and Obra Opportunistic Structured Products ETF (OOSP).
BFIX and OOSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BFIX is an actively managed fund by Build. It was launched on Feb 9, 2022. OOSP is an actively managed fund by Obra. It was launched on Apr 8, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BFIX or OOSP.
Correlation
The correlation between BFIX and OOSP is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
BFIX vs. OOSP - Performance Comparison
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Key characteristics
BFIX:
1.84
OOSP:
3.52
BFIX:
2.67
OOSP:
5.53
BFIX:
1.57
OOSP:
2.01
BFIX:
3.19
OOSP:
9.25
BFIX:
12.18
OOSP:
39.98
BFIX:
1.06%
OOSP:
0.23%
BFIX:
7.15%
OOSP:
2.70%
BFIX:
-8.03%
OOSP:
-0.97%
BFIX:
-1.01%
OOSP:
0.00%
Returns By Period
In the year-to-date period, BFIX achieves a 2.35% return, which is significantly lower than OOSP's 3.50% return.
BFIX
2.35%
-0.03%
3.63%
13.09%
N/A
N/A
OOSP
3.50%
1.90%
4.49%
9.38%
N/A
N/A
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BFIX vs. OOSP - Expense Ratio Comparison
BFIX has a 0.45% expense ratio, which is lower than OOSP's 0.90% expense ratio.
Risk-Adjusted Performance
BFIX vs. OOSP — Risk-Adjusted Performance Rank
BFIX
OOSP
BFIX vs. OOSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Build Bond Innovation ETF (BFIX) and Obra Opportunistic Structured Products ETF (OOSP). 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.
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Dividends
BFIX vs. OOSP - Dividend Comparison
BFIX's dividend yield for the trailing twelve months is around 4.16%, less than OOSP's 7.67% yield.
TTM | 2024 | 2023 | 2022 | |
---|---|---|---|---|
BFIX Build Bond Innovation ETF | 4.16% | 4.39% | 4.31% | 1.58% |
OOSP Obra Opportunistic Structured Products ETF | 7.67% | 5.41% | 0.00% | 0.00% |
Drawdowns
BFIX vs. OOSP - Drawdown Comparison
The maximum BFIX drawdown since its inception was -8.03%, which is greater than OOSP's maximum drawdown of -0.97%. Use the drawdown chart below to compare losses from any high point for BFIX and OOSP. For additional features, visit the drawdowns tool.
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Volatility
BFIX vs. OOSP - Volatility Comparison
The current volatility for Build Bond Innovation ETF (BFIX) is 1.03%, while Obra Opportunistic Structured Products ETF (OOSP) has a volatility of 1.48%. This indicates that BFIX experiences smaller price fluctuations and is considered to be less risky than OOSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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