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ETFs

ALPS O'Shares U.S. Small-Cap Quality Dividend ETF

OUSM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 30 2016
Expense Ratio
0.48%
Type
US Equities
Fund Owner
ALPS
Volume (1m avg. daily)
$1,679,014
AUM
$336,435,503
Associated Index
ALPS OShares U.S. Small-Cap Quality Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BWA
BorgWarner Inc
2.08%
CHE
Chemed Corp.
2.07%
EHC
Encompass Health Corp
2.04%
TFX
Teleflex Incorporated
2.00%
JNPR
Juniper Networks Inc
1.98%
LECO
Lincoln Electric Holdings, Inc.
1.97%
TW
Tradeweb Markets Inc - Ordinary Shares Cls A
1.94%
MKTX
MarketAxess Holdings Inc.
1.93%
WSM
Williams-Sonoma, Inc.
1.92%
OC
Owens Corning
1.91%
Invest with OUSM

What is OUSM?

The Fund seeks to track the performance (before fees and expenses) of its target index, the ALPS OShares U.S. Small-Cap Quality Dividend Index (the Target Index ). The Target Index is designed to reflect the performance of publicly-listed small-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds. The quality and low volatility factors are designed to reduce exposure to high dividend equities that have experienced large price declines, as may occur with some dividend investing strategies.

ETFs related toOUSM

ETFs correlated to OUSM include SPMD, MIDU, JHMM

OUSM
OSI ETF Trust - ALPS O'Shares U.S. Small-Cap Quality Dividend ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
FLQM
Franklin Templeton ETF Trust - Franklin U.S. Mid Cap Multifactor Index ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
GRPM
Invesco Capital Management LLC - Invesco S&P MidCap 400 GARP 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 toOUSM

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with OUSM using Composer

FAQ

OUSM 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. Small-Cap Quality Dividend Index (the Target Index ). The Target Index is designed to reflect the performance of publicly-listed small-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds. The quality and low volatility factors are designed to reduce exposure to high dividend equities that have experienced large price declines, as may occur with some dividend investing strategies.

OUSM tracks the ALPS OShares U.S. Small-Cap Quality Dividend Index.

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

No, OUSM 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, OUSM 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 OUSM is -0.0089%. This is the percent change in the value of OUSM over the most recent 1-month period. The 3-month return on OUSM is -0.0026%. This is the percent change in the value of OUSM over the most recent 3-month period.

The standard deviation of OUSM for the past year is 0.171%. 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 OUSM include SPHQ, DSI, and QUAL.

ETFs correlated to OUSM include SPMD, MIDU, and JHMM.

ETFs that are inversely correlated to OUSM include TZA, TWM, and RWM.

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.