IVV vs OOSP
IVV vs OOSP
iShares Core S&P 500 ETF vs Obra Opportunistic Structured Products ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | OOSP | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.64% | |
| AUM | $865.2B | $151M | |
| Dividend Yield | 1.09% | 6.96% | |
| Holdings | 508 | 103 | |
| YTD Return | +13.80% | +3.41% | |
| 1Y Return | +23.70% | +6.25% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 1.4% | |
| Max Drawdown | -56.5% | -1.3% | |
| Fund Family | iShares by BlackRock (US) | Obra Fund Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 9, 2024 |
IVV vs OOSP Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Obra Opportunistic Structured Products ETF (OOSP) is a ETF from Obra Fund Management. Over the past year IVV returned +23.70% while OOSP returned +6.25%. Year to date, IVV is up 13.80% versus a gain of 3.41% for OOSP.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 1.4% 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 -56.5% for IVV and -1.3% for OOSP. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while OOSP charges 0.64%. On a $10,000 position that is $3 vs $64 annually, a gap of $61 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 6.96% for OOSP.
Holdings Overlap
IVV and OOSP share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or OOSP?
IVV has an expense ratio of 0.03% while OOSP charges 0.64%. IVV is the cheaper option. On a $10,000 investment, that is $61 per year of difference.
Which performed better, IVV or OOSP?
Over the past year IVV returned +23.70% vs +6.25% for OOSP, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.05% vs +7.20% for OOSP. Past performance does not guarantee future results.
Which is riskier, IVV or OOSP?
IVV has been the more volatile fund at 15.1% annualized versus 1.4% for OOSP. Worst drawdown: IVV -56.5% vs OOSP -1.3%.
Should I hold both IVV and OOSP?
IVV and OOSP have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and OOSP?
IVV and OOSP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or OOSP?
IVV yields 1.09% while OOSP yields 6.96%, so OOSP currently pays the higher dividend yield.
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