Skip to Content
ETFs

ALPS O'Shares U.S. Quality Dividend ETF

OUSA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 14 2015
Expense Ratio
0.48%
Type
US Equities
Fund Owner
ALPS
Volume (1m avg. daily)
$1,720,584
AUM
$640,713,937
Associated Index
ALPS OShares U.S. Quality Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
5.03%
MSFT
Microsoft Corporation
4.91%
CMCSA
Comcast Corp - Ordinary Shares - Class A
4.90%
VZ
Verizon Communications Inc
4.00%
V
Visa Inc - Ordinary Shares - Class A
3.85%
JPM
JPMorgan Chase & Co.
3.72%
MA
Mastercard Incorporated - Ordinary Shares - Class A
3.30%
HD
Home Depot, Inc.
3.23%
UNH
Unitedhealth Group Inc
2.88%
LLY
Lilly(Eli) & Co
2.81%
Invest with OUSA

What is OUSA?

The Fund seeks to track the performance (before fees and expenses) of its target index, the ALPS OShares U.S. Quality Dividend Index (the Target Index ). The Target Index is 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 threshold. The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines.

ETFs related toOUSA

ETFs correlated to OUSA include VIG, QUS, FDLO

OUSA
OSI ETF Trust - ALPS O'Shares U.S. Quality Dividend ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
QUS
SPDR Series Trust - SPDR MSCI USA StrategicFactors SM ETF
FDLO
Fidelity Covington Trust - Fidelity Low Volatility Factor ETF
TDVG
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Dividend Growth ETF
DGRW
WisdomTree Trust - WisdomTree U.S. Quality Dividend Growth Fund
DUHP
Dimensional ETF Trust - Dimensional US High Profitability ETF
QDF
FlexShares Trust - FlexShares Quality Dividend Index Fund
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toOUSA

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with OUSA using Composer

FAQ

OUSA is a US Equities ETF. The Fund seeks to track the performance (before fees and expenses) of its target index, the ALPS OShares U.S. Quality Dividend Index (the Target Index ). The Target Index is 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 threshold. The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines.

OUSA tracks the ALPS OShares U.S. Quality Dividend Index.

OUSA dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, OUSA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, OUSA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on OUSA is -0.0145%. This is the percent change in the value of OUSA over the most recent 1-month period. The 3-month return on OUSA is -0.002%. This is the percent change in the value of OUSA over the most recent 3-month period.

The standard deviation of OUSA for the past year is 0.1513%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to OUSA include VYM, DFAS, and DFAT.

ETFs correlated to OUSA include VIG, QUS, and FDLO.

ETFs that are inversely correlated to OUSA include SPXS, SDS, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.