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BFIX vs. OOSP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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

The chart below illustrates the hypothetical performance of a $10,000 investment in Build Bond Innovation ETF (BFIX) and Obra Opportunistic Structured Products ETF (OOSP). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BFIX:

1.84

OOSP:

3.52

Sortino Ratio

BFIX:

2.67

OOSP:

5.53

Omega Ratio

BFIX:

1.57

OOSP:

2.01

Calmar Ratio

BFIX:

3.19

OOSP:

9.25

Martin Ratio

BFIX:

12.18

OOSP:

39.98

Ulcer Index

BFIX:

1.06%

OOSP:

0.23%

Daily Std Dev

BFIX:

7.15%

OOSP:

2.70%

Max Drawdown

BFIX:

-8.03%

OOSP:

-0.97%

Current Drawdown

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

YTD

2.35%

1M

-0.03%

6M

3.63%

1Y

13.09%

5Y*

N/A

10Y*

N/A

OOSP

YTD

3.50%

1M

1.90%

6M

4.49%

1Y

9.38%

5Y*

N/A

10Y*

N/A

*Annualized

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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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BFIX
The Risk-Adjusted Performance Rank of BFIX is 9595
Overall Rank
The Sharpe Ratio Rank of BFIX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of BFIX is 9393
Sortino Ratio Rank
The Omega Ratio Rank of BFIX is 9696
Omega Ratio Rank
The Calmar Ratio Rank of BFIX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of BFIX is 9494
Martin Ratio Rank

OOSP
The Risk-Adjusted Performance Rank of OOSP is 9898
Overall Rank
The Sharpe Ratio Rank of OOSP is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of OOSP is 9797
Sortino Ratio Rank
The Omega Ratio Rank of OOSP is 9797
Omega Ratio Rank
The Calmar Ratio Rank of OOSP is 9898
Calmar Ratio Rank
The Martin Ratio Rank of OOSP is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current BFIX Sharpe Ratio is 1.84, which is lower than the OOSP Sharpe Ratio of 3.52. The chart below compares the historical Sharpe Ratios of BFIX and OOSP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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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.


TTM202420232022
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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