OGSP vs. OOSP
Compare and contrast key facts about Obra High Grade Structured Products ETF (OGSP) and Obra Opportunistic Structured Products ETF (OOSP).
OGSP and OOSP 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. OOSP is an actively managed fund by Obra. It was launched on Apr 8, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OGSP or OOSP.
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
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Key characteristics
OGSP:
3.20
OOSP:
2.76
OGSP:
4.85
OOSP:
4.04
OGSP:
1.78
OOSP:
1.84
OGSP:
7.40
OOSP:
6.82
OGSP:
41.21
OOSP:
33.08
OGSP:
0.15%
OOSP:
0.25%
OGSP:
1.91%
OOSP:
2.95%
OGSP:
-0.82%
OOSP:
-1.20%
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
2.07%
0.93%
2.77%
6.05%
N/A
N/A
OOSP
2.36%
0.93%
3.23%
8.07%
N/A
N/A
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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
OGSP
OOSP
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.
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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.
TTM | 2024 | |
---|---|---|
OGSP Obra High Grade Structured Products ETF | 6.49% | 4.55% |
OOSP Obra Opportunistic Structured Products ETF | 7.77% | 5.42% |
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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