OOSP vs TGLB
Obra Opportunistic Structured Products ETF vs T. Rowe Price Global Equity ETF
Which is better, OOSP or TGLB?
TGLB has been ahead.
TGLB has a lower expense ratio. TGLB 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 | OOSP | TGLB |
|---|---|---|
| Expense Ratio | 0.64% | 0.46%Best |
| AUM | $150M | $27M |
| Dividend Yield | 6.86% | 0.17% |
| Holdings | 260 | 65 |
| YTD Return | +3.35% | +14.71%Best |
| 1Y Return | +4.84% | +16.05%Best |
| Volatility (annualized) | 1.6%Best | 11.9% |
| Max Drawdown | -1.3%Best | -9.8% |
| $10,000 over 1.3 years | $10,710 | $11,885Best |
| Fund Family | Obra Fund Management | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 9, 2024 | Jun 25, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 26, 2025 to Oct 14, 2026 (1.3 years).
OOSP vs TGLB 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 1.3 years both funds cover.
OOSP vs TGLB Performance
Obra Opportunistic Structured Products ETF (OOSP) is an ETF from Obra Fund Management and T. Rowe Price Global Equity ETF (TGLB) is an ETF from T.Rowe Price. Over the past year OOSP returned +4.84% while TGLB returned +16.05%. Year to date, OOSP is up 3.35% versus a gain of 14.71% for TGLB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TGLB has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 1.6% for OOSP. 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 -1.3% for OOSP and -9.8% for TGLB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OOSP charges 0.64% per year while TGLB charges 0.46%. On a $10,000 position that is $64 vs $46 annually, a gap of $18 per year that compounds over a long holding period. On income, OOSP currently yields 6.86% against 0.17% for TGLB.
Holdings Overlap
We hold position weights for 12 holdings in OOSP and 57 in TGLB, totalling 3.4% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 12 positions we hold weights for in OOSP and 57 in TGLB, against full books of 260 and 65.
You are not choosing between two funds in isolation.
Whichever of OOSP and TGLB 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, OOSP or TGLB?
OOSP has an expense ratio of 0.64% while TGLB charges 0.46%. TGLB is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, OOSP or TGLB?
Over the past year OOSP returned +4.84% vs +16.05% for TGLB, so TGLB leads on 1-year performance. Over the longest common window we track (1 years), OOSP annualized +5.42% vs +14.21% for TGLB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OOSP or TGLB?
TGLB has been the more volatile fund at 11.9% annualized versus 1.6% for OOSP. Worst drawdown: OOSP -1.3% vs TGLB -9.8%.
Should I hold both OOSP and TGLB?
OOSP and TGLB have a monthly-return correlation of 0.47, 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, OOSP or TGLB?
OOSP yields 6.86% while TGLB yields 0.17%, so OOSP currently pays the higher dividend yield.
Is TGLB better than OOSP?
TGLB has a lower expense ratio. TGLB 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.