OGSP vs VOO
OGSP vs VOO
Obra High Grade Structured Products ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | OGSP | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.64% | 0.03% | |
| AUM | $29M | $979.0B | |
| Dividend Yield | 6.32% | 1.09% | |
| Holdings | 106 | 509 | |
| YTD Return | +2.62% | +13.31% | |
| 1Y Return | +5.14% | +24.01% | |
| 3Y Return (annualized) | - | +21.17% | |
| 5Y Return (annualized) | - | +13.34% | |
| Volatility (annualized) | 0.9% | 14.1% | |
| Max Drawdown | -0.8% | -34.3% | |
| Fund Family | Obra Fund Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 9, 2024 | Sep 7, 2010 |
OGSP vs VOO Performance
Obra High Grade Structured Products ETF (OGSP) is a ETF from Obra Fund Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year OGSP returned +5.14% while VOO returned +24.01%. Year to date, OGSP is up 2.62% versus a gain of 13.31% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 0.9% for OGSP. 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 -0.8% for OGSP and -34.3% for VOO. 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 0.46. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
OGSP charges 0.64% per year while VOO charges 0.03%. On a $10,000 position that is $64 vs $3 annually, a gap of $61 per year that compounds over a long holding period. On income, OGSP currently yields 6.32% against 1.09% for VOO.
Holdings Overlap
OGSP and VOO share 0 holdings out of 509 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, OGSP or VOO?
OGSP has an expense ratio of 0.64% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $61 per year of difference.
Which performed better, OGSP or VOO?
Over the past year OGSP returned +5.14% vs +24.01% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), OGSP annualized +5.76% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, OGSP or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 0.9% for OGSP. Worst drawdown: OGSP -0.8% vs VOO -34.3%.
Should I hold both OGSP and VOO?
OGSP and VOO have a monthly-return correlation of 0.46, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OGSP and VOO?
OGSP and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, OGSP or VOO?
OGSP yields 6.32% while VOO yields 1.09%, so OGSP currently pays the higher dividend yield.
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