ALPS | O’Shares U.S. Quality Dividend ETF
Market Price
NAV
NAV Change
Daily Return
Net Assets
YTD Return
Trailing Twelve Month Yield
ETFguide Spotlight - OUSM and OUSA
Featuring Paul Baiocchi, Chief ETF Strategist, SS&C ALPS Advisors
Paul Baiocchi is a Registered Representative of ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc.
Overview
Investment Objective
The ALPS | O’Shares U.S. Quality Dividend ETF (OUSA) seeks to track the performance (before fees and expenses) of the O’Shares U.S. Quality Dividend Index (OUSAX).
Strategy
The ALPS | O’Shares U.S. Quality Dividend ETF (OUSA) is designed to provide cost efficient access to a portfolio of large-cap and mid-cap high quality, low volatility, dividend paying companies in the United States selected based on fundamental metrics including quality, low volatility and dividend growth.
Fund Details
| Ticker
|
Listing Exchange
Cboe BZX |
| CUSIP
|
ISIN
|
| Net Assets
as of
|
Inception Date * |
| Fund Type Exchange-Traded Fund |
Primary Benchmark O’Shares U.S. Quality Dividend Index |
Performance and Fees
Returns
As of
| Total Returns | YTD | 1 Y | 3 Y | 5 Y | 10 Y | Inception |
|---|---|---|---|---|---|---|
| NAV | 17.07% | 17.07% | 6.36% | 9.72% | - | 10.66% |
| Market Price | 17.14% | 17.14% | 6.38% | 9.75% | - | 10.67% |
| O’Shares U.S. Quality Dividend Index - TR | 17.67% | 17.67% | 6.90% | 10.27% | - | 11.22% |
| Morningstar US Large-Mid Cap Broad Value Index - TR | 17.17% | 17.17% | 7.63% | 10.70% | - | 10.89% |
As of
| Total Returns | 1 M | 3 M | YTD | 1 Y | 3 Y | 5 Y | 10 Y | Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | 1.37% | -0.14% | 4.25% | 15.90% | 36.07% | 85.12% | - | 172.07% |
| Market Price | 1.34% | -0.23% | 4.14% | 15.98% | 36.06% | 84.88% | - | 171.97% |
| O’Shares U.S. Quality Dividend Index - TR | 1.41% | -0.02% | 4.34% | 16.48% | 38.16% | 89.80% | - | 185.63% |
| Morningstar US Large-Mid Cap Broad Value Index - TR | 0.75% | -0.41% | 4.47% | 16.99% | 35.91% | 96.75% | - | 178.01% |
As of
| Total Returns | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | - | 12.31% | 18.78% | -3.06% | 25.24% | 6.88% | 23.65% | -9.21% | 13.23% | 17.07% |
| Market Price | - | 12.21% | 18.85% | -3.18% | 25.17% | 6.94% | 23.68% | -9.24% | 13.25% | 17.14% |
| O’Shares U.S. Quality Dividend Index - TR | - | 12.88% | 19.38% | -2.57% | 25.96% | 7.34% | 24.31% | -8.80% | 13.83% | 17.67% |
| Morningstar US Large-Mid Cap Broad Value Index - TR | - | 18.31% | 17.14% | -7.52% | 28.27% | 5.43% | 26.47% | -6.93% | 14.34% | 17.17% |
Performance data quoted represents past performance. Past performance is no guarantee of future results so that shares, when redeemed, may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. For current month-end performance call 1-866-759-5679 or visit www.alpsfunds.com. Performance includes reinvested distributions and capital gains.
Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
Performance data prior to 06/21/2022 reflects the performance of the Fund as managed under the OSI ETF Trust.
Fund inception date: 07/14/2015, date reflects the commencement of investment operations.
The O’Shares U.S. Quality Dividend Index performance information reflects the blended performance of the FTSE USA Qual/Vol/Yield Factor 5% Capped Index through 05/31/2020 and the O’Shares U.S. Quality Dividend Index thereafter.
O’Shares U.S. Quality Dividend Index: designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds. The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines.
Morningstar US Large-Mid Cap Broad Value Index: designed to provide comprehensive, consistent representation of the large-mid cap value segment of the US equity market.
FTSE USA Qual/Vol/Yield Factor 5% Capped Index: designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in the United States that meet certain requirements for market capitalization, liquidity, high quality, low volatility and dividend yield.
One may not invest directly in an index.
$10,000 Hypothetical Investment
The chart above represents the total return historical performance of a hypothetical investment of $10,000 in the Fund over the life of the Fund. Performance calculations are as of the end of each month. Past performance is no guarantee of future results. This chart does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Fees
| Management Fees | 0.48% |
| Total Operating Expenses | 0.48% |
Facts and Characteristics
Fund Pricing
As of
| Market Price | |
| NAV | |
| NAV Change | |
| Premium/Discount (View Full Chart) | |
| Premium/Discount Difference | |
| Daily Return | |
| YTD Return | |
| Last Trade Price (EOD) | |
| Intraday (Midpoint) Price as of 03/25/2025 3:56pm ET* |
$53.07 |
| Total Market Value |
Trading Characteristics
As of
| Shares Outstanding | |
| Average 30-Day Volume | |
| Daily Volume as of |
22,239 |
| Dollar Volume | |
| Net Create/Redeems | |
| 30-Day Median Bid/Ask Spread | 0.06% |
Fund Yields
| Trailing Twelve Month Yield As of 03/25/2025 |
1.49% |
| 30-Day SEC Yield As of 02/28/2025 |
1.43% |
| 30-Day SEC Yield (Unsubsidized) As of 02/28/2025 |
1.43% |
Trailing Twelve Month Yield: refers to the percentage of income a portfolio has returned to investors over the last 12 months.
30-Day SEC Yield: reflects the dividends and interest earned during the period, after the deduction of the Fund's expenses.
30-Day SEC Yield (Unsubsidized): reflects the dividends and interest earned during the period, after the deduction of the Fund’s expenses, excluding fee waivers.
Risk Metrics
For the 3 years ending
| Standard Deviation | ||
|---|---|---|
| Sharpe Ratio | ||
| Sortino Ratio | ||
| Fund vs Index1 | Fund vs Index2 | |
| Alpha | ||
| Beta | ||
| R-Squared | ||
| Tracking Error | ||
| Upside Capture | ||
| Downside Capture |
Portfolio
Sector Breakdown
| Sector | % of Fund | |
|---|---|---|
| Information Technology | 22.10% | |
| Financials | 16.49% | |
| Health Care | 15.84% | |
| Consumer Discretionary | 14.13% | |
| Industrials | 12.15% | |
| Communication Services | 10.78% | |
| Consumer Staples | 8.40% | |
| Cash Equivalent | 0.11% |
- Top Five Holdings
| Company Name | % of Fund |
|---|
Geography Breakdown
| Country | % of Fund | |
|---|---|---|
| United States | 94.70% | |
| Ireland | 3.48% | |
| Switzerland | 1.29% | |
| Great Britain | 0.42% | |
| Cash | 0.11% |
- Top Five Holdings
| Company Name | % of Fund |
|---|
Fund Holdings
| Security | Security Identifier | Sector | Industry | Geography | Shares | Market Value | Weight |
|---|---|---|---|---|---|---|---|
| V Visa Inc. | V | Financials | Financial Services | United States | 119,529.00 | 41,192,083.98 | 5.12% |
| AAPL Apple Inc. | AAPL | Information Technology | Technology Hardware Storage & Peripherals | United States | 181,549.00 | 40,621,588.75 | 5.05% |
| HD Home Depot Inc. | HD | Consumer Discretionary | Specialty Retail | United States | 108,015.00 | 38,992,334.85 | 4.85% |
| MSFT Microsoft Corp. | MSFT | Information Technology | Software | United States | 94,719.00 | 37,429,160.04 | 4.66% |
| JNJ Johnson & Johnson | JNJ | Health Care | Pharmaceuticals | United States | 227,707.00 | 36,665,381.14 | 4.56% |
| MA Mastercard Inc. | MA | Financials | Financial Services | United States | 62,455.00 | 34,047,967.80 | 4.24% |
| GOOGL Alphabet Inc. | GOOGL | Communication Services | Interactive Media & Services | United States | 189,327.00 | 32,291,613.12 | 4.02% |
| MRK Merck & Co. Inc. | MRK | Health Care | Pharmaceuticals | United States | 337,601.00 | 29,664,999.87 | 3.69% |
| MCD McDonald's Corp. | MCD | Consumer Discretionary | Hotels Restaurants & Leisure | United States | 94,576.00 | 29,027,265.92 | 3.61% |
| CSCO Cisco Systems Inc. | CSCO | Information Technology | Communications Equipment | United States | 440,742.00 | 26,880,854.58 | 3.34% |
Funds Related to OUSA
ALPS Sector Dividend Dogs ETF
ALPS | O’Shares Europe Quality Dividend ETF
ALPS | O’Shares Global Internet Giants ETF
ALPS | O’Shares U.S. Small-Cap Quality Dividend ETF
Fund Disclosure
Concentration in a particular industry or sector will subject the Fund to loss due to adverse occurrences that may affect that industry or sector. The Fund may use derivatives which may involve risks different from, or greater than, those associated with more traditional investments. A Fund’s emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend after the Fund’s purchase of such a company’s securities.
The Fund employs a “passive management” - or indexing - investment approach and seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index. Unlike many investment companies, the Fund is not “actively” managed. Therefore, it would not necessarily sell or buy a security unless that security is removed from or added to the underlying index, respectively.
ALPS Advisors, Inc., registered investment adviser with the SEC, is the investment adviser to the Fund. ALPS Advisors, Inc. and ALPS Portfolio Solutions Distributor, Inc., affiliated entities, are unaffiliated with O’Shares Investments.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Fund.