OGIG vs. OUSA

Last updated Jun 24, 2026

OGIG (O’Shares Global Internet Giants ETF) and OUSA (OShares U.S. Quality Dividend ETF) are both Large Cap Growth Equities funds from O'Shares Investments - OGIG tracks the O’Shares Global Internet Giants Index while OUSA tracks the O'Shares US Quality Dividend Index. Both are passively managed. Over the past 5 years, OGIG returned -5.48%/yr vs 8.53%/yr for OUSA. A 0.53 correlation means they provide meaningful diversification when combined. Both charge a 0.48% expense ratio.

Performance

OGIG vs. OUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in O’Shares Global Internet Giants ETF (OGIG) and OShares U.S. Quality Dividend ETF (OUSA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OGIG achieves a -18.24% return, which is significantly lower than OUSA's 0.48% return.

OGIG

• 1D: -0.32%
• 1M: -5.75%
• YTD: -18.24%
• 6M: -19.41%
• 1Y: -16.68%
• 3Y*: 11.17%
• 5Y*: -5.48%
• 10Y*: —

OUSA

• 1D: 0.14%
• 1M: -2.32%
• YTD: 0.48%
• 6M: -0.06%
• 1Y: 10.34%
• 3Y*: 11.93%
• 5Y*: 8.53%
• 10Y*: 10.19%

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

OGIG vs. OUSA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
OGIG O’Shares Global Internet Giants ETF	-18.24%	14.39%	25.97%	50.25%	-50.64%	-9.30%	107.92%	36.90%	-24.48%
OUSA OShares U.S. Quality Dividend ETF	0.48%	10.23%	17.09%	13.44%	-9.33%	23.75%	6.96%	25.03%	-0.87%

Correlation

The correlation between OGIG and OUSA is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 5, 2018	0.53

The correlation between OGIG and OUSA shifts across timeframes, from 0.35 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.

OGIG vs. OUSA - Sectors Allocation Comparison

Sectors	OGIG	OUSA
Technology	55.4%	26.1%
Communication Services	26.2%	10.9%
Consumer Cyclical	15.6%	12.7%
Industrials	1.2%	11.2%
Healthcare	0.8%	13.8%
Real Estate	0.7%	-
Financial Services	0.2%	18.0%
Basic Materials	-	-
Consumer Defensive	-	7.3%
Energy	-	-
Utilities	-	-

Return for Risk

OGIG vs. OUSA — Risk / Return Rank

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

OGIG

OGIG Risk / Return Rank: 4
OGIG Sharpe Ratio Rank: 3
OGIG Sortino Ratio Rank: 3
OGIG Omega Ratio Rank: 3
OGIG Calmar Ratio Rank: 5
OGIG Martin Ratio Rank: 4

OUSA

OUSA Risk / Return Rank: 29
OUSA Sharpe Ratio Rank: 31
OUSA Sortino Ratio Rank: 31
OUSA Omega Ratio Rank: 28
OUSA Calmar Ratio Rank: 26
OUSA Martin Ratio Rank: 31

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.

OGIG vs. OUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for O’Shares Global Internet Giants ETF (OGIG) and OShares U.S. Quality Dividend ETF (OUSA). 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.

	OGIG	OUSA	Difference
Sharpe ratio: Return per unit of total volatility	-0.73	1.06	-1.80
Sortino ratio: Return per unit of downside risk	-0.91	1.60	-2.51
Omega ratio: Gain probability vs. loss probability	0.89	1.19	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.50	1.24	-1.75
Martin ratio: Return relative to average drawdown	-1.00	4.37	-5.37

OGIG vs. OUSA - Sharpe Ratio Comparison

The current OGIG Sharpe Ratio is -0.73, which is lower than the OUSA Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of OGIG and OUSA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OGIG vs. OUSA - Drawdown Comparison

The maximum OGIG drawdown since its inception was -66.05%, which is greater than OUSA's maximum drawdown of -33.12%. Use the drawdown chart below to compare losses from any high point for OGIG and OUSA.

Drawdown Indicators

	OGIG	OUSA	Difference
Max Drawdown Largest peak-to-trough decline	-66.05%	-33.12%	-32.93%
Max Drawdown (1Y) Largest decline over 1 year	-33.23%	-8.36%	-24.87%
Max Drawdown (3Y) Largest decline over 3 years	-33.23%	-13.14%	-20.09%
Max Drawdown (5Y) Largest decline over 5 years	-62.79%	-19.54%	-43.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.12%	—
Current Drawdown Current decline from peak	-32.46%	-3.14%	-29.32%
Average Drawdown Average peak-to-trough decline	-25.68%	-3.52%	-22.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.69%	2.37%	+14.32%

Volatility

OGIG vs. OUSA - Volatility Comparison

O’Shares Global Internet Giants ETF (OGIG) has a higher volatility of 9.72% compared to OShares U.S. Quality Dividend ETF (OUSA) at 2.92%. This indicates that OGIG's price experiences larger fluctuations and is considered to be riskier than OUSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OGIG	OUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.72%	2.92%	+6.80%
Volatility (6M) Calculated over the trailing 6-month period	18.95%	7.42%	+11.53%
Volatility (1Y) Calculated over the trailing 1-year period	22.82%	9.82%	+13.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.68%	13.31%	+18.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.00%	15.17%	+15.83%

OGIG vs. OUSA - Expense Ratio Comparison

Both OGIG and OUSA have an expense ratio of 0.48%.

Dividends

OGIG vs. OUSA - Dividend Comparison

OGIG's dividend yield for the trailing twelve months is around 0.09%, less than OUSA's 1.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OGIG O’Shares Global Internet Giants ETF	0.09%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OUSA OShares U.S. Quality Dividend ETF	1.43%	1.39%	1.50%	1.81%	1.92%	1.56%	2.03%	2.31%	3.06%	2.15%	2.32%	1.17%

Frequently Asked Questions

Can I hold both OGIG and OUSA in my portfolio?

OGIG and OUSA have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OGIG or OUSA?

OGIG has higher volatility (9.72%) compared to OUSA (2.92%). In terms of maximum drawdown, OGIG dropped -66.05% vs OUSA's -33.12%.

Which ETF is better, OGIG or OUSA?

On 5-year performance, OUSA leads with 8.53% vs -5.48% for OGIG. Both ETFs have the same 0.48% expense ratio. On volatility, OUSA has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OGIG or OUSA?

Over the 5-year period, OUSA has performed better with a 8.53% return vs -5.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OGIG or OUSA?

OGIG and OUSA have the same expense ratio: 0.48% per year.

Which ETF pays a higher dividend yield, OGIG or OUSA?

OUSA has the higher dividend yield at 1.43%, compared with 0.09% for OGIG.

What is the main difference between OGIG and OUSA?

OGIG tracks O’Shares Global Internet Giants Index, while OUSA tracks O'Shares US Quality Dividend Index.

Which has better risk-adjusted returns?

OUSA currently has the higher Sharpe Ratio (1.06 vs -0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.