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

Correlation

The correlation between OGSP and OOSP 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. OOSP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Obra High Grade Structured Products ETF (OGSP) 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

OGSP:

3.20

OOSP:

2.76

Sortino Ratio

OGSP:

4.85

OOSP:

4.04

Omega Ratio

OGSP:

1.78

OOSP:

1.84

Calmar Ratio

OGSP:

7.40

OOSP:

6.82

Martin Ratio

OGSP:

41.21

OOSP:

33.08

Ulcer Index

OGSP:

0.15%

OOSP:

0.25%

Daily Std Dev

OGSP:

1.91%

OOSP:

2.95%

Max Drawdown

OGSP:

-0.82%

OOSP:

-1.20%

Current Drawdown

OGSP:

-0.00%

OOSP:

-1.10%

Returns By Period

In the year-to-date period, OGSP achieves a 2.07% return, which is significantly lower than OOSP's 2.36% return.


OGSP

YTD

2.07%

1M

0.93%

6M

2.77%

1Y

6.05%

5Y*

N/A

10Y*

N/A

OOSP

YTD

2.36%

1M

0.93%

6M

3.23%

1Y

8.07%

5Y*

N/A

10Y*

N/A

*Annualized

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OGSP vs. OOSP - Expense Ratio Comparison

Both OGSP and OOSP have an expense ratio of 0.90%.


Risk-Adjusted Performance

OGSP vs. OOSP — Risk-Adjusted Performance Rank

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

OGSP
The Risk-Adjusted Performance Rank of OGSP is 9898
Overall Rank
The Sharpe Ratio Rank of OGSP is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of OGSP is 9898
Sortino Ratio Rank
The Omega Ratio Rank of OGSP is 9898
Omega Ratio Rank
The Calmar Ratio Rank of OGSP is 9999
Calmar Ratio Rank
The Martin Ratio Rank of OGSP is 9999
Martin Ratio Rank

OOSP
The Risk-Adjusted Performance Rank of OOSP is 9898
Overall Rank
The Sharpe Ratio Rank of OOSP is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of OOSP is 9797
Sortino Ratio Rank
The Omega Ratio Rank of OOSP is 9898
Omega Ratio Rank
The Calmar Ratio Rank of OOSP is 9898
Calmar Ratio Rank
The Martin Ratio Rank of OOSP is 9898
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.

OGSP vs. OOSP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Obra High Grade Structured Products ETF (OGSP) 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 OGSP Sharpe Ratio is 3.20, which is comparable to the OOSP Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of OGSP 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

OGSP vs. OOSP - Dividend Comparison

OGSP's dividend yield for the trailing twelve months is around 6.49%, less than OOSP's 7.77% yield.


Drawdowns

OGSP vs. OOSP - Drawdown Comparison

The maximum OGSP drawdown since its inception was -0.82%, smaller than the maximum OOSP drawdown of -1.20%. Use the drawdown chart below to compare losses from any high point for OGSP and OOSP. For additional features, visit the drawdowns tool.


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Volatility

OGSP vs. OOSP - Volatility Comparison

The current volatility for Obra High Grade Structured Products ETF (OGSP) is 0.54%, while Obra Opportunistic Structured Products ETF (OOSP) has a volatility of 1.96%. This indicates that OGSP 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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