OSCV vs. OUSM

Last updated Aug 2, 2026

OSCV (Opus Small Cap Value Plus ETF) and OUSM (OShares U.S. Small-Cap Quality Dividend ETF) are both exchange-traded funds - OSCV is a Small Cap Blend Equities fund actively managed by Aptus, while OUSM is a Quality Factor fund tracking the O'Shares US Small-Cap Quality Dividend Index. OSCV is actively managed, while OUSM is passively managed. Over the past 5 years, OSCV returned 6.85%/yr vs 8.29%/yr for OUSM. Their correlation of 0.91 means they have usually moved in the same direction. OSCV charges 0.79%/yr vs 0.48%/yr for OUSM.

Performance

OSCV vs. OUSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Opus Small Cap Value Plus ETF (OSCV) and OShares U.S. Small-Cap Quality Dividend ETF (OUSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OSCV achieves a 15.37% return, which is significantly higher than OUSM's 12.35% return.

OSCV

• 1D: 0.09%
• 1M: 0.78%
• 6M: 9.38%
• YTD: 15.37%
• 1Y: 19.59%
• 3Y*: 10.19%
• 5Y*: 6.85%
• 10Y*: —
• ALL TIME*: 8.18%

OUSM

• 1D: -0.14%
• 1M: 1.93%
• 6M: 8.31%
• YTD: 12.35%
• 1Y: 16.09%
• 3Y*: 11.37%
• 5Y*: 8.29%
• 10Y*: —
• ALL TIME*: 9.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
OSCV Opus Small Cap Value Plus ETF	$3.38M	$3.12M	$2.35M
OUSM OShares U.S. Small-Cap Quality Dividend ETF	$4.75M	$3.66M	$3.05M

OSCV vs. OUSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
OSCV Opus Small Cap Value Plus ETF	15.37%	1.35%	11.66%	10.14%	-11.41%	27.69%	4.94%	27.51%	-13.57%
OUSM OShares U.S. Small-Cap Quality Dividend ETF	12.35%	2.17%	13.45%	18.82%	-7.89%	21.45%	7.64%	28.04%	-13.98%

Correlation

The correlation between OSCV and OUSM is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.85
Correlation (3Y) Balances recent behavior with more history.	0.89
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (All Time) Calculated using the full available price history since Jul 18, 2018	0.91

The correlation between OSCV and OUSM has been stable across timeframes, ranging from 0.85 to 0.91 - a consistent structural relationship.

OSCV vs. OUSM - Sectors Allocation Comparison

Sectors	OSCV	OUSM
Financial Services	28.6%	21.7%
Industrials	12.6%	24.2%
Energy	11.4%	0.3%
Consumer Cyclical	10.6%	21.0%
Real Estate	10.1%	-
Healthcare	8.0%	8.0%
Basic Materials	6.0%	1.5%
Utilities	3.2%	4.1%
Technology	3.2%	11.4%
Consumer Defensive	2.3%	4.3%
Communication Services	-	3.5%

Return for Risk

OSCV vs. OUSM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OSCV

OSCV Risk / Return Rank: 60
OSCV Sharpe Ratio Rank: 57
OSCV Sortino Ratio Rank: 64
OSCV Omega Ratio Rank: 54
OSCV Calmar Ratio Rank: 67
OSCV Martin Ratio Rank: 58

OUSM

OUSM Risk / Return Rank: 44
OUSM Sharpe Ratio Rank: 44
OUSM Sortino Ratio Rank: 49
OUSM Omega Ratio Rank: 42
OUSM Calmar Ratio Rank: 44
OUSM Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OSCV vs. OUSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Opus Small Cap Value Plus ETF (OSCV) and OShares U.S. Small-Cap Quality Dividend ETF (OUSM). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	OSCV	OUSM	Difference
Sharpe ratio: Return per unit of total volatility	1.37	1.09	+0.28
Sortino ratio: Return per unit of downside risk	2.15	1.74	+0.40
Omega ratio: Gain probability vs. loss probability	1.24	1.19	+0.05
Calmar ratio: Return relative to maximum drawdown	2.36	1.56	+0.80
Martin ratio: Return relative to average drawdown	6.92	4.61	+2.31

OSCV vs. OUSM - Sharpe Ratio Comparison

The current OSCV Sharpe Ratio is 1.37, which is comparable to the OUSM Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of OSCV and OUSM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OSCV vs. OUSM - Drawdown Comparison

The maximum OSCV drawdown since its inception was -42.40%, which is greater than OUSM's maximum drawdown of -39.84%. Use the drawdown chart below to compare losses from any high point for OSCV and OUSM.

Drawdown Indicators

	OSCV	OUSM	Difference
Max Drawdown Largest peak-to-trough decline	-42.40%	-39.84%	-2.56%
Max Drawdown (1Y) Largest decline over 1 year	-7.55%	-9.21%	+1.66%
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	-19.44%	-3.48%
Max Drawdown (5Y) Largest decline over 5 years	-22.92%	-19.44%	-3.48%
Current Drawdown Current decline from peak	-0.63%	-1.80%	+1.17%
Average Drawdown Average peak-to-trough decline	-7.47%	-5.14%	-2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	3.11%	-0.54%

Volatility

OSCV vs. OUSM - Volatility Comparison

The current volatility for Opus Small Cap Value Plus ETF (OSCV) is 3.02%, while OShares U.S. Small-Cap Quality Dividend ETF (OUSM) has a volatility of 4.07%. This indicates that OSCV experiences smaller price fluctuations and is considered to be less risky than OUSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OSCV	OUSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	4.07%	-1.05%
Volatility (6M) Calculated over the trailing 6-month period	9.10%	9.31%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	13.02%	13.17%	-0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	16.26%	+0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.74%	18.85%	+1.89%

OSCV vs. OUSM - Expense Ratio Comparison

OSCV has a 0.79% expense ratio, which is higher than OUSM's 0.48% expense ratio.

Dividends

OSCV vs. OUSM - Dividend Comparison

OSCV's dividend yield for the trailing twelve months is around 1.05%, less than OUSM's 1.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OSCV Opus Small Cap Value Plus ETF	1.05%	1.23%	1.29%	1.55%	1.12%	1.06%	1.11%	1.75%	0.25%	0.00%
OUSM OShares U.S. Small-Cap Quality Dividend ETF	1.93%	2.09%	1.62%	1.64%	1.98%	1.55%	2.02%	1.99%	2.63%	2.17%

Frequently Asked Questions

Can I hold both OSCV and OUSM in my portfolio?

OSCV and OUSM have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OSCV or OUSM?

OUSM has higher volatility (4.07%) compared to OSCV (3.02%). In terms of maximum drawdown, OSCV dropped -42.40% vs OUSM's -39.84%.

Which ETF is better, OSCV or OUSM?

On 5-year performance, OUSM leads with 8.29% vs 6.85% for OSCV. On fees, OUSM is cheaper at 0.48% per year. On volatility, OSCV has been the lower-risk option at 3.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OSCV or OUSM?

Over the 5-year period, OUSM has performed better with a 8.29% return vs 6.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OSCV or OUSM?

OUSM is cheaper with a 0.48% expense ratio, compared with 0.79% for OSCV.

Which ETF pays a higher dividend yield, OSCV or OUSM?

OUSM has the higher dividend yield at 1.93%, compared with 1.05% for OSCV.

What is the main difference between OSCV and OUSM?

OSCV is categorized as Small Cap Blend Equities, while OUSM is Quality Factor. They also come from different issuers: Aptus and O'Shares Investments. Their fees differ too: 0.79% for OSCV and 0.48% for OUSM.

Which has better risk-adjusted returns?

OSCV currently has the higher Sharpe Ratio (1.37 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.