ELFY vs. OEFA

Last updated Jun 24, 2026

ELFY (ALPS Electrification Infrastructure ETF) and OEFA (ALPS O'Shares International Developed Quality Dividend ETF) are both exchange-traded funds - ELFY is a Utilities Equities fund tracking the Ladenburg Thalmann Electrification Infrastructure Index, while OEFA is a International Equity fund tracking the O’Shares International Developed Quality Dividend Index. Both are passively managed. A 0.59 correlation means they provide meaningful diversification when combined. ELFY charges 0.50%/yr vs 0.48%/yr for OEFA.

Performance

ELFY vs. OEFA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Electrification Infrastructure ETF (ELFY) and ALPS O'Shares International Developed Quality Dividend ETF (OEFA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ELFY achieves a 26.69% return, which is significantly higher than OEFA's 2.38% return.

ELFY

• 1D: -2.50%
• 1M: 0.43%
• YTD: 26.69%
• 6M: 24.89%
• 1Y: 44.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OEFA

• 1D: -0.69%
• 1M: 0.87%
• YTD: 2.38%
• 6M: 1.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ELFY vs. OEFA - Yearly Performance Comparison

	2026 (YTD)	2025
ELFY ALPS Electrification Infrastructure ETF	26.69%	-1.35%
OEFA ALPS O'Shares International Developed Quality Dividend ETF	2.38%	0.73%

Correlation

The correlation between ELFY and OEFA is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.59

ELFY vs. OEFA - Sectors Allocation Comparison

Sectors	ELFY	OEFA
Utilities	36.8%	3.1%
Industrials	27.5%	27.4%
Energy	15.8%	-
Technology	13.3%	14.0%
Basic Materials	5.3%	-
Consumer Cyclical	0.9%	15.2%
Financial Services	0.4%	10.9%
Communication Services	-	5.8%
Consumer Defensive	-	9.1%
Healthcare	-	14.5%
Real Estate	-	-

Return for Risk

ELFY vs. OEFA — Risk / Return Rank

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

ELFY

ELFY Risk / Return Rank: 76
ELFY Sharpe Ratio Rank: 74
ELFY Sortino Ratio Rank: 68
ELFY Omega Ratio Rank: 67
ELFY Calmar Ratio Rank: 90
ELFY Martin Ratio Rank: 83

OEFA

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

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.

ELFY vs. OEFA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Electrification Infrastructure ETF (ELFY) and ALPS O'Shares International Developed Quality Dividend ETF (OEFA). 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.

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.

	ELFY	OEFA	Difference
Sharpe ratio: Return per unit of total volatility	2.24	—	—
Sortino ratio: Return per unit of downside risk	2.94	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	5.29	—	—
Martin ratio: Return relative to average drawdown	15.96	—	—

Drawdowns

ELFY vs. OEFA - Drawdown Comparison

The maximum ELFY drawdown since its inception was -8.37%, smaller than the maximum OEFA drawdown of -13.54%. Use the drawdown chart below to compare losses from any high point for ELFY and OEFA.

Drawdown Indicators

	ELFY	OEFA	Difference
Max Drawdown Largest peak-to-trough decline	-8.37%	-13.54%	+5.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.37%	—	—
Current Drawdown Current decline from peak	-2.50%	-3.83%	+1.33%
Average Drawdown Average peak-to-trough decline	-1.67%	-3.71%	+2.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	—	—

Volatility

Volatility by Period

	ELFY	OEFA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.80%	17.70%	+2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.69%	17.70%	+1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.69%	17.70%	+1.99%

ELFY vs. OEFA - Expense Ratio Comparison

ELFY has a 0.50% expense ratio, which is higher than OEFA's 0.48% expense ratio.

Dividends

ELFY vs. OEFA - Dividend Comparison

ELFY's dividend yield for the trailing twelve months is around 0.97%, less than OEFA's 1.45% yield.

Position	TTM	2025
ELFY ALPS Electrification Infrastructure ETF	0.97%	0.76%
OEFA ALPS O'Shares International Developed Quality Dividend ETF	1.45%	0.28%

Frequently Asked Questions

Can I hold both ELFY and OEFA in my portfolio?

ELFY and OEFA have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ELFY or OEFA?

On fees, OEFA is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ELFY or OEFA?

OEFA is cheaper with a 0.48% expense ratio, compared with 0.50% for ELFY.

Which ETF pays a higher dividend yield, ELFY or OEFA?

OEFA has the higher dividend yield at 1.45%, compared with 0.97% for ELFY.

What is the main difference between ELFY and OEFA?

ELFY is categorized as Utilities Equities, while OEFA is International Equity. ELFY tracks Ladenburg Thalmann Electrification Infrastructure Index, while OEFA tracks O’Shares International Developed Quality Dividend Index. Their fees differ too: 0.50% for ELFY and 0.48% for OEFA.