OGSP vs. USDX
Compare and contrast key facts about Obra High Grade Structured Products ETF (OGSP) and SGI Enhanced Core ETF (USDX).
OGSP and USDX 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. USDX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OGSP or USDX.
Correlation
The correlation between OGSP and USDX is 0.07, 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. USDX - Performance Comparison
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Key characteristics
OGSP:
3.20
USDX:
4.84
OGSP:
4.85
USDX:
8.09
OGSP:
1.78
USDX:
2.22
OGSP:
7.40
USDX:
10.05
OGSP:
41.21
USDX:
50.82
OGSP:
0.15%
USDX:
0.15%
OGSP:
1.91%
USDX:
1.52%
OGSP:
-0.82%
USDX:
-0.74%
OGSP:
-0.00%
USDX:
-0.01%
Returns By Period
In the year-to-date period, OGSP achieves a 2.07% return, which is significantly higher than USDX's 1.73% return.
OGSP
2.07%
0.93%
2.77%
6.05%
N/A
N/A
USDX
1.73%
0.70%
2.47%
7.32%
N/A
N/A
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OGSP vs. USDX - Expense Ratio Comparison
OGSP has a 0.90% expense ratio, which is lower than USDX's 0.98% expense ratio.
Risk-Adjusted Performance
OGSP vs. USDX — Risk-Adjusted Performance Rank
OGSP
USDX
OGSP vs. USDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Obra High Grade Structured Products ETF (OGSP) and SGI Enhanced Core ETF (USDX). 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. USDX - Dividend Comparison
OGSP's dividend yield for the trailing twelve months is around 6.49%, more than USDX's 6.04% yield.
TTM | 2024 | |
---|---|---|
OGSP Obra High Grade Structured Products ETF | 6.49% | 4.55% |
USDX SGI Enhanced Core ETF | 6.04% | 4.60% |
Drawdowns
OGSP vs. USDX - Drawdown Comparison
The maximum OGSP drawdown since its inception was -0.82%, which is greater than USDX's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for OGSP and USDX. For additional features, visit the drawdowns tool.
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Volatility
OGSP vs. USDX - Volatility Comparison
Obra High Grade Structured Products ETF (OGSP) and SGI Enhanced Core ETF (USDX) have volatilities of 0.54% and 0.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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