OOSP vs. BFIX
Compare and contrast key facts about Obra Opportunistic Structured Products ETF (OOSP) and Build Bond Innovation ETF (BFIX).
OOSP and BFIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OOSP is an actively managed fund by Obra. It was launched on Apr 8, 2024. BFIX is an actively managed fund by Build. It was launched on Feb 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OOSP or BFIX.
Correlation
The correlation between OOSP and BFIX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
OOSP vs. BFIX - Performance Comparison
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Key characteristics
OOSP:
2.66
BFIX:
1.79
OOSP:
3.86
BFIX:
2.59
OOSP:
1.79
BFIX:
1.54
OOSP:
6.52
BFIX:
3.09
OOSP:
33.10
BFIX:
11.77
OOSP:
0.24%
BFIX:
1.06%
OOSP:
2.96%
BFIX:
7.15%
OOSP:
-1.20%
BFIX:
-8.03%
OOSP:
-1.20%
BFIX:
-1.23%
Returns By Period
In the year-to-date period, OOSP achieves a 2.26% return, which is significantly higher than BFIX's 2.12% return.
OOSP
2.26%
0.83%
3.13%
7.80%
N/A
N/A
BFIX
2.12%
-0.37%
3.81%
12.69%
N/A
N/A
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OOSP vs. BFIX - Expense Ratio Comparison
OOSP has a 0.90% expense ratio, which is higher than BFIX's 0.45% expense ratio.
Risk-Adjusted Performance
OOSP vs. BFIX — Risk-Adjusted Performance Rank
OOSP
BFIX
OOSP vs. BFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Obra Opportunistic Structured Products ETF (OOSP) and Build Bond Innovation ETF (BFIX). 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
OOSP vs. BFIX - Dividend Comparison
OOSP's dividend yield for the trailing twelve months is around 7.76%, more than BFIX's 4.17% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
OOSP Obra Opportunistic Structured Products ETF | 7.76% | 5.41% | 0.00% | 0.00% |
BFIX Build Bond Innovation ETF | 4.17% | 4.39% | 4.31% | 1.58% |
Drawdowns
OOSP vs. BFIX - Drawdown Comparison
The maximum OOSP drawdown since its inception was -1.20%, smaller than the maximum BFIX drawdown of -8.03%. Use the drawdown chart below to compare losses from any high point for OOSP and BFIX. For additional features, visit the drawdowns tool.
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Volatility
OOSP vs. BFIX - Volatility Comparison
Obra Opportunistic Structured Products ETF (OOSP) has a higher volatility of 1.96% compared to Build Bond Innovation ETF (BFIX) at 1.04%. This indicates that OOSP's price experiences larger fluctuations and is considered to be riskier than BFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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