OGSP vs OOSP
Obra High Grade Structured Products ETF vs Obra Opportunistic Structured Products ETF
Which is better, OGSP or OOSP?
OOSP has been ahead.
OOSP led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OGSP | OOSP |
|---|---|---|
| Expense Ratio | 0.64%Tie | 0.64%Tie |
| AUM | $29M | $150M |
| Dividend Yield | 6.36% | 6.86% |
| Holdings | 140 | 260 |
| YTD Return | +3.02% | +3.35%Best |
| 1Y Return | +3.96% | +4.84%Best |
| Volatility (annualized) | 1.0%Best | 1.6% |
| Max Drawdown | -0.8%Best | -1.3% |
| $10,000 over 2.5 years | $11,424 | $11,738Best |
| Fund Family | Obra Fund Management | Obra Fund Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 9, 2024 | Apr 9, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 10, 2024 to Oct 14, 2026 (2.5 years).
OGSP vs OOSP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
OGSP vs OOSP Performance
Obra High Grade Structured Products ETF (OGSP) is an ETF from Obra Fund Management and Obra Opportunistic Structured Products ETF (OOSP) is an ETF from Obra Fund Management. Over the past year OGSP returned +3.96% while OOSP returned +4.84%. Year to date, OGSP is up 3.02% versus a gain of 3.35% for OOSP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OOSP has been the more volatile fund, with annualized monthly volatility of 1.6% compared with 1.0% for OGSP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -0.8% for OGSP and -1.3% for OOSP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OGSP charges 0.64% per year while OOSP charges 0.64%. On a $10,000 position that is $64 vs $64 annually. On income, OGSP currently yields 6.36% against 6.86% for OOSP.
Holdings Overlap
We hold position weights for 9 holdings in OGSP and 12 in OOSP, totalling 5.2% and 3.4% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 5 positions appear in both.
5 positions in common, counted across the 9 positions we hold weights for in OGSP and 12 in OOSP, against full books of 140 and 260.
Top Shared Holdings
| Stock | Weight in OGSP | Weight in OOSP | Difference |
|---|---|---|---|
| BX 2025-VLT7 DBx Trust Bx 2025 Vlt7 D 144A | 0.86% | 0.50% | 0.36% |
| FGTXXGoldman Sachs Financial Square Government Fund | 0.62% | 0.38% | 0.24% |
| SWCH 2025-DATA DSWCH COMMERCIAL MORTGAGE TRUST SWCH 2025 DATA D 144A | 0.51% | 0.16% | 0.35% |
| ZAYO 2025-2A A2Zayo 25- 5.953% 06/20/55 | 0.34% | 0.07% | 0.27% |
| PFMT 2025-2 A1Pfmt 2025-2 A1 | 0.28% | 0.07% | 0.21% |
You are not choosing between two funds in isolation.
Whichever of OGSP and OOSP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OGSP or OOSP?
OGSP has an expense ratio of 0.64% while OOSP charges 0.64%. At the precision these are quoted to, they cost the same.
Which performed better, OGSP or OOSP?
Over the past year OGSP returned +3.96% vs +4.84% for OOSP, so OOSP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OGSP or OOSP?
OOSP has been the more volatile fund at 1.6% annualized versus 1.0% for OGSP. Worst drawdown: OGSP -0.8% vs OOSP -1.3%.
Should I hold both OGSP and OOSP?
OGSP and OOSP have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, OGSP or OOSP?
OGSP yields 6.36% while OOSP yields 6.86%, so OOSP currently pays the higher dividend yield.
Is OOSP better than OGSP?
OOSP led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.