COII vs. OOSP

Last updated Jun 5, 2026

COII (REX COIN Growth & Income ETF) and OOSP (Obra Opportunistic Structured Products ETF) are both exchange-traded funds - COII is a Derivative Income fund actively managed by REX Shares, while OOSP is a Multisector Bonds fund actively managed by Obra. Both are actively managed. Over the past year, COII returned -53.61% vs 6.66% for OOSP. At a correlation of -0.09, they often move in opposite directions. COII charges 0.99%/yr vs 0.90%/yr for OOSP.

Performance

COII vs. OOSP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX COIN Growth & Income ETF (COII) and Obra Opportunistic Structured Products ETF (OOSP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COII achieves a -37.40% return, which is significantly lower than OOSP's 2.41% return.

COII

• 1D: 0.63%
• 1M: -17.30%
• YTD: -37.40%
• 6M: -48.49%
• 1Y: -53.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OOSP

• 1D: 0.00%
• 1M: 0.51%
• YTD: 2.41%
• 6M: 2.82%
• 1Y: 6.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COII vs. OOSP - Yearly Performance Comparison

	2026 (YTD)	2025
COII REX COIN Growth & Income ETF	-37.40%	-25.89%
OOSP Obra Opportunistic Structured Products ETF	2.41%	4.14%

Correlation

The correlation between COII and OOSP is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	-0.09

Return for Risk

COII vs. OOSP — Risk / Return Rank

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

OOSP

OOSP Risk / Return Rank: 69
OOSP Sharpe Ratio Rank: 53
OOSP Sortino Ratio Rank: 55
OOSP Omega Ratio Rank: 62
OOSP Calmar Ratio Rank: 88
OOSP Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COII vs. OOSP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX COIN Growth & Income ETF (COII) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	COII	OOSP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.79	2.28	-3.07

Drawdowns

COII vs. OOSP - Drawdown Comparison

The maximum COII drawdown since its inception was -72.22%, which is greater than OOSP's maximum drawdown of -1.31%. Use the drawdown chart below to compare losses from any high point for COII and OOSP.

Drawdown Indicators

	COII	OOSP	Difference
Max Drawdown Largest peak-to-trough decline	-72.22%	-1.31%	-70.91%
Max Drawdown (1Y) Largest decline over 1 year	-72.22%	-1.31%	-70.91%
Current Drawdown Current decline from peak	-68.84%	-0.18%	-68.66%
Average Drawdown Average peak-to-trough decline	-39.23%	-0.20%	-39.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.35%	—

Volatility

Volatility by Period

	COII	OOSP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	68.35%	3.71%	+64.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.35%	3.35%	+65.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.35%	3.35%	+65.00%

COII vs. OOSP - Expense Ratio Comparison

COII has a 0.99% expense ratio, which is higher than OOSP's 0.90% expense ratio.

Dividends

COII vs. OOSP - Dividend Comparison

COII's dividend yield for the trailing twelve months is around 91.86%, more than OOSP's 6.47% yield.

Position	TTM	2025	2024
COII REX COIN Growth & Income ETF	91.86%	41.52%	0.00%
OOSP Obra Opportunistic Structured Products ETF	6.47%	6.71%	5.42%

Frequently Asked Questions

Can I hold both COII and OOSP in my portfolio?

COII and OOSP have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COII or OOSP?

On 1-year performance, OOSP leads with 6.66% vs -53.61% for COII. On fees, OOSP is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COII or OOSP?

Over the 1-year period, OOSP has performed better with a 6.66% return vs -53.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COII or OOSP?

OOSP is cheaper with a 0.90% expense ratio, compared with 0.99% for COII.

Which ETF pays a higher dividend yield, COII or OOSP?

COII has the higher dividend yield at 91.86%, compared with 6.47% for OOSP.

What is the main difference between COII and OOSP?

COII is categorized as Derivative Income, while OOSP is Multisector Bonds. They also come from different issuers: REX Shares and Obra. Their fees differ too: 0.99% for COII and 0.90% for OOSP.