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OOSP vs YLD

Obra Opportunistic Structured Products ETF vs Principal Active High Yield ETF

OOSP

Obra Opportunistic Structured Products ETF

Obra Fund Management, LLC

Annual cost

0.64%

Fund size

$150M

YLD

Principal Active High Yield ETF

Principal Funds

Annual cost

0.39%

Fund size

$524M

Key differences

  • YLD costs 0.25% less per year.
  • YLD is significantly larger than OOSP — larger funds tend to be more liquid and less likely to close.
  • OOSP follows a active selection strategy; YLD uses multi strategy.
  • YLD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OOSPYLD
Annual cost (TER)0.64%0.39%
Fund size (AUM)$150M$524M
Since20242015
Dividend yield6.52%7.31%
Asset classalternativealternative
Regionglobal
Strategyactive selectionmulti strategy
CAGR 1Y+7.0%+8.3%
CAGR 3YN/A+8.9%
CAGR 5YN/A+5.0%
Sharpe 3YN/A0.90
Volatility 1Y3.70%4.32%
Max drawdown-1.31%-28.34%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to OOSP and YLD