OUSM: ALPS | O'SHARES U.S. SMALL-CAP QUALITY DIVIDEND ETF SHARES
What this ETF is trying to do
The ALPS | O'SHARES U.S. SMALL-CAP QUALITY DIVIDEND ETF SHARES (ticker: OUSM) focuses on small U.S. companies. These are companies that are generally smaller in size compared to giant corporations. The fund specifically looks for these smaller companies that also pay dividends and meet certain "quality" standards.
What the numbers show
The current price of one share is $47.11. An estimated price from roughly one year ago was $45.35.
When looking at how this ETF has performed, it is important to understand two different measurements: price return and total return.
• Price return only tracks how much the share price itself goes up or down.
• Total return tracks the share price change *plus* any cash dividends paid out to investors.
Here is what the data shows:
• Year-to-Date (YTD): The price return is approximately 7.70%, while the total return is higher at approximately 9.21%.
• One Year: The price return was approximately 3.88%, and the total return was approximately 6.11%.
• Three Years: The price return was approximately 30.97%, while the total return was approximately 38.78%.
Income and distribution explanation
This ETF provides cash to investors through distributions. The distribution yield is approximately 2.26%, which describes the cash paid out relative to the ETF's price. These payments usually happen on a monthly basis. Over the last year, the trailing distributions were $1.0641 per share.
NAV erosion explanation
"NAV erosion" refers to a decline in the actual value of the assets held within the fund. StockValueFinder uses an erosion-risk score to measure this risk. This ETF has an erosion score of 94, which is described as "Stable / sideways," and the severity is rated as "good." There is no severe erosion-risk flag for this ETF.
Pros
• The ETF has shown positive total returns over one, three, and five-year periods.
• It provides regular income, with distributions that usually occur monthly.
• The erosion-risk score suggests the fund's value has been relatively stable.
Cons
• Because it focuses on "small-cap" companies, it may behave differently than funds that hold much larger companies.
• The price return is lower than the total return, meaning a large part of the overall gain comes from the dividends rather than just the share price increasing.
Top Holdings
The following are some of the top holdings in this portfolio (note that these are only a partial list of the 109 total holdings):
• SEI Investments Co (2.39%)
• Chemed Corp (2.34%)
• Texas Roadhouse Inc (2.22%)
• MGIC Investment Corp (2.20%)
• Essent Group Ltd (2.19%)
Beginner takeaway
When looking at OUSM, it is helpful to compare the price return to the total return. Because this ETF pays dividends, the total return is higher than the price return alone. This shows that the cash distributions add extra value to the overall performance.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | SEI INVESTMENTS CO | SEIC | 2.39% |
| 2 | CHEMED CORP | CHE | 2.34% |
| 3 | TEXAS ROADHOUSE INC | TXRH | 2.22% |
| 4 | MGIC INVESTMENT CORP | MTG | 2.20% |
| 5 | ESSENT GROUP LTD | ESNT | 2.19% |
| 6 | ROYALTY PHARMA PLC CLASS A | RPRX | 2.11% |
| 7 | NATIONAL HEALTHCARE CORP | NHC | 2.10% |
| 8 | ALLISON TRANSMISSION HOLDINGS INC | ALSN | 2.07% |
| 9 | LINCOLN ELECTRIC HOLDINGS INC | LECO | 2.07% |
| 10 | H&R BLOCK INC | HRB | 2.06% |