WCEO vs. OUSM

Last updated Jun 25, 2026

WCEO (Hypatia Women CEO ETF) and OUSM (OShares U.S. Small-Cap Quality Dividend ETF) are both Small Cap Blend Equities funds. WCEO is actively managed, while OUSM is passively managed. Over the past 3 years, WCEO returned 15.50%/yr vs 12.15%/yr for OUSM. Their correlation of 0.89 suggests significant overlap in exposure. WCEO charges 0.85%/yr vs 0.48%/yr for OUSM.

Performance

WCEO vs. OUSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hypatia Women CEO ETF (WCEO) 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, WCEO achieves a 13.94% return, which is significantly higher than OUSM's 8.79% return.

WCEO

• 1D: 0.82%
• 1M: 4.13%
• YTD: 13.94%
• 6M: 12.04%
• 1Y: 28.53%
• 3Y*: 15.50%
• 5Y*: —
• 10Y*: —

OUSM

• 1D: 0.58%
• 1M: 1.49%
• YTD: 8.79%
• 6M: 7.08%
• 1Y: 11.70%
• 3Y*: 12.15%
• 5Y*: 8.01%
• 10Y*: —

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

WCEO vs. OUSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WCEO Hypatia Women CEO ETF	13.94%	9.77%	8.28%	10.51%
OUSM OShares U.S. Small-Cap Quality Dividend ETF	8.79%	2.17%	13.45%	14.85%

Correlation

The correlation between WCEO and OUSM is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 9, 2023	0.89

The correlation between WCEO and OUSM has been stable across timeframes, ranging from 0.81 to 0.89 - a consistent structural relationship.

WCEO vs. OUSM - Sectors Allocation Comparison

Sectors	WCEO	OUSM
Technology	18.3%	14.5%
Financial Services	16.1%	20.4%
Consumer Cyclical	14.5%	19.5%
Industrials	13.0%	22.2%
Healthcare	10.6%	9.9%
Energy	6.8%	0.3%
Real Estate	6.0%	-
Basic Materials	5.2%	1.3%
Communication Services	4.5%	3.5%
Consumer Defensive	3.0%	4.6%
Utilities	2.0%	3.8%

Return for Risk

WCEO vs. OUSM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WCEO

WCEO Risk / Return Rank: 71
WCEO Sharpe Ratio Rank: 66
WCEO Sortino Ratio Rank: 70
WCEO Omega Ratio Rank: 60
WCEO Calmar Ratio Rank: 85
WCEO Martin Ratio Rank: 76

OUSM

OUSM Risk / Return Rank: 28
OUSM Sharpe Ratio Rank: 27
OUSM Sortino Ratio Rank: 29
OUSM Omega Ratio Rank: 25
OUSM Calmar Ratio Rank: 28
OUSM Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WCEO vs. OUSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hypatia Women CEO ETF (WCEO) 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.

	WCEO	OUSM	Difference
Sharpe ratio: Return per unit of total volatility	1.89	0.90	+1.00
Sortino ratio: Return per unit of downside risk	2.80	1.43	+1.37
Omega ratio: Gain probability vs. loss probability	1.32	1.16	+0.16
Calmar ratio: Return relative to maximum drawdown	4.12	1.28	+2.84
Martin ratio: Return relative to average drawdown	12.82	3.73	+9.09

WCEO vs. OUSM - Sharpe Ratio Comparison

The current WCEO Sharpe Ratio is 1.89, which is higher than the OUSM Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of WCEO 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

WCEO vs. OUSM - Drawdown Comparison

The maximum WCEO drawdown since its inception was -25.88%, smaller than the maximum OUSM drawdown of -39.84%. Use the drawdown chart below to compare losses from any high point for WCEO and OUSM.

Drawdown Indicators

	WCEO	OUSM	Difference
Max Drawdown Largest peak-to-trough decline	-25.88%	-39.84%	+13.96%
Max Drawdown (1Y) Largest decline over 1 year	-6.96%	-9.21%	+2.25%
Max Drawdown (3Y) Largest decline over 3 years	-25.88%	-19.44%	-6.44%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.44%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.43%	-5.19%	-0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	3.15%	-0.92%

Volatility

WCEO vs. OUSM - Volatility Comparison

Hypatia Women CEO ETF (WCEO) has a higher volatility of 3.74% compared to OShares U.S. Small-Cap Quality Dividend ETF (OUSM) at 3.25%. This indicates that WCEO's price experiences larger fluctuations and is considered to be riskier than OUSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCEO	OUSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	3.25%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	10.44%	9.34%	+1.10%
Volatility (1Y) Calculated over the trailing 1-year period	15.21%	13.11%	+2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.07%	16.28%	+1.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.07%	18.90%	-0.83%

WCEO vs. OUSM - Expense Ratio Comparison

WCEO has a 0.85% expense ratio, which is higher than OUSM's 0.48% expense ratio.

Dividends

WCEO vs. OUSM - Dividend Comparison

WCEO's dividend yield for the trailing twelve months is around 0.56%, less than OUSM's 2.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OUSM OShares U.S. Small-Cap Quality Dividend ETF	2.03%	2.09%	1.62%	1.64%	1.98%	1.55%	2.02%	1.99%	2.63%	2.17%
WCEO Hypatia Women CEO ETF	0.56%	0.64%	0.88%	0.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCEO and OUSM in my portfolio?

WCEO and OUSM have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WCEO or OUSM?

WCEO has higher volatility (3.74%) compared to OUSM (3.25%). In terms of maximum drawdown, WCEO dropped -25.88% vs OUSM's -39.84%.

Which ETF is better, WCEO or OUSM?

On 3-year performance, WCEO leads with 15.50% vs 12.15% for OUSM. On fees, OUSM is cheaper at 0.48% per year. On volatility, OUSM has been the lower-risk option at 3.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WCEO or OUSM?

Over the 3-year period, WCEO has performed better with a 15.50% return vs 12.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WCEO or OUSM?

OUSM is cheaper with a 0.48% expense ratio, compared with 0.85% for WCEO.

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

OUSM has the higher dividend yield at 2.03%, compared with 0.56% for WCEO.

What is the main difference between WCEO and OUSM?

They also come from different issuers: Hypatia Capital and O'Shares Investments. Their fees differ too: 0.85% for WCEO and 0.48% for OUSM.

Which has better risk-adjusted returns?

WCEO currently has the higher Sharpe Ratio (1.89 vs 0.90), 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.