OOSP vs QQQ
Obra Opportunistic Structured Products ETF vs Invesco QQQ Trust, Series 1
Which is better, OOSP or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OOSP | QQQ |
|---|---|---|
| Expense Ratio | 0.64% | 0.18%Best |
| AUM | $150M | $483.5B |
| Dividend Yield | 6.88% | 0.44% |
| Holdings | 250 | 107 |
| YTD Return | +3.56% | +17.95%Best |
| 1Y Return | +5.36% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 1.4%Best | 17.5% |
| Max Drawdown | -1.3%Best | -22.8% |
| $10,000 over 2.4 years | $11,739 | $16,519Best |
| Fund Family | Obra Fund Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 9, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Apr 10, 2024 to Sep 18, 2026 (2.4 years).
OOSP vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
OOSP vs QQQ Performance
Obra Opportunistic Structured Products ETF (OOSP) is an ETF from Obra Fund Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OOSP returned +5.36% while QQQ returned +21.77%. Year to date, OOSP is up 3.56% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.5% 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 -1.3% for OOSP and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OOSP charges 0.64% per year while QQQ charges 0.18%. On a $10,000 position that is $64 vs $18 annually, a gap of $46 per year that compounds over a long holding period. On income, OOSP currently yields 6.88% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 12 holdings in OOSP and 102 in QQQ, totalling 3.3% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 12 positions we hold weights for in OOSP and 102 in QQQ, against full books of 250 and 107.
You are not choosing between two funds in isolation.
Whichever of OOSP and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OOSP or QQQ?
OOSP has an expense ratio of 0.64% while QQQ charges 0.18%. QQQ is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, OOSP or QQQ?
Over the past year OOSP returned +5.36% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), OOSP annualized +6.91% vs +23.26% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OOSP or QQQ?
QQQ has been the more volatile fund at 17.5% annualized versus 1.4% for OOSP. Worst drawdown: OOSP -1.3% vs QQQ -22.8%.
Should I hold both OOSP and QQQ?
OOSP and QQQ have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, OOSP or QQQ?
OOSP yields 6.88% while QQQ yields 0.44%, so OOSP currently pays the higher dividend yield.
Is QQQ better than OOSP?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.