OOSP vs. OGSP
Compare and contrast key facts about Obra Opportunistic Structured Products ETF (OOSP) and Obra High Grade Structured Products ETF (OGSP).
OOSP and OGSP 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. OGSP 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: OOSP or OGSP.
Correlation
The correlation between OOSP and OGSP 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
OOSP vs. OGSP - Performance Comparison
Loading data...
Key characteristics
OOSP:
2.66
OGSP:
3.07
OOSP:
3.86
OGSP:
4.84
OOSP:
1.79
OGSP:
1.78
OOSP:
6.52
OGSP:
7.38
OOSP:
33.10
OGSP:
41.06
OOSP:
0.24%
OGSP:
0.15%
OOSP:
2.96%
OGSP:
1.91%
OOSP:
-1.20%
OGSP:
-0.82%
OOSP:
-1.20%
OGSP:
-0.12%
Returns By Period
In the year-to-date period, OOSP achieves a 2.26% return, which is significantly higher than OGSP's 1.94% return.
OOSP
2.26%
0.83%
3.13%
7.80%
N/A
N/A
OGSP
1.94%
0.86%
2.70%
5.82%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OOSP vs. OGSP - Expense Ratio Comparison
Both OOSP and OGSP have an expense ratio of 0.90%.
Risk-Adjusted Performance
OOSP vs. OGSP — Risk-Adjusted Performance Rank
OOSP
OGSP
OOSP vs. OGSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Obra Opportunistic Structured Products ETF (OOSP) and Obra High Grade Structured Products ETF (OGSP). 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.
Loading data...
Dividends
OOSP vs. OGSP - Dividend Comparison
OOSP's dividend yield for the trailing twelve months is around 7.76%, more than OGSP's 6.51% yield.
| TTM | 2024 | |
|---|---|---|
OOSP Obra Opportunistic Structured Products ETF | 7.76% | 5.41% |
OGSP Obra High Grade Structured Products ETF | 6.51% | 4.55% |
Drawdowns
OOSP vs. OGSP - Drawdown Comparison
The maximum OOSP drawdown since its inception was -1.20%, which is greater than OGSP's maximum drawdown of -0.82%. Use the drawdown chart below to compare losses from any high point for OOSP and OGSP. For additional features, visit the drawdowns tool.
Loading data...
Volatility
OOSP vs. OGSP - Volatility Comparison
Obra Opportunistic Structured Products ETF (OOSP) has a higher volatility of 1.96% compared to Obra High Grade Structured Products ETF (OGSP) at 0.54%. This indicates that OOSP's price experiences larger fluctuations and is considered to be riskier than OGSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...