OGSP vs. FSEC
Compare and contrast key facts about Obra High Grade Structured Products ETF (OGSP) and Fidelity Investment Grade Securitized ETF (FSEC).
OGSP and FSEC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OGSP is an actively managed fund by Obra. It was launched on Apr 8, 2024. FSEC is an actively managed fund by Fidelity. It was launched on Mar 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OGSP or FSEC.
Correlation
The correlation between OGSP and FSEC is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
OGSP vs. FSEC - Performance Comparison
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Key characteristics
OGSP:
3.20
FSEC:
0.68
OGSP:
4.85
FSEC:
1.25
OGSP:
1.78
FSEC:
1.15
OGSP:
7.40
FSEC:
0.56
OGSP:
41.21
FSEC:
2.63
OGSP:
0.15%
FSEC:
2.40%
OGSP:
1.91%
FSEC:
7.32%
OGSP:
-0.82%
FSEC:
-17.97%
OGSP:
-0.00%
FSEC:
-4.98%
Returns By Period
In the year-to-date period, OGSP achieves a 2.07% return, which is significantly lower than FSEC's 2.18% return.
OGSP
2.07%
0.93%
2.77%
6.05%
N/A
N/A
FSEC
2.18%
0.13%
2.24%
4.92%
N/A
N/A
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OGSP vs. FSEC - Expense Ratio Comparison
OGSP has a 0.90% expense ratio, which is higher than FSEC's 0.36% expense ratio.
Risk-Adjusted Performance
OGSP vs. FSEC — Risk-Adjusted Performance Rank
OGSP
FSEC
OGSP vs. FSEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Obra High Grade Structured Products ETF (OGSP) and Fidelity Investment Grade Securitized ETF (FSEC). 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
OGSP vs. FSEC - Dividend Comparison
OGSP's dividend yield for the trailing twelve months is around 6.49%, more than FSEC's 3.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
OGSP Obra High Grade Structured Products ETF | 6.49% | 4.55% | 0.00% | 0.00% | 0.00% |
FSEC Fidelity Investment Grade Securitized ETF | 3.12% | 3.22% | 3.41% | 2.21% | 0.96% |
Drawdowns
OGSP vs. FSEC - Drawdown Comparison
The maximum OGSP drawdown since its inception was -0.82%, smaller than the maximum FSEC drawdown of -17.97%. Use the drawdown chart below to compare losses from any high point for OGSP and FSEC. For additional features, visit the drawdowns tool.
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Volatility
OGSP vs. FSEC - Volatility Comparison
The current volatility for Obra High Grade Structured Products ETF (OGSP) is 0.54%, while Fidelity Investment Grade Securitized ETF (FSEC) has a volatility of 2.10%. This indicates that OGSP experiences smaller price fluctuations and is considered to be less risky than FSEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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