ALPS O'Shares U.S. Small-Cap Quality Dividend ETF
$47.01+0.03 (+0.06%)
- Expense ratio
- 0.48%
- Fund size
- $800M
- 1Y return
- +6.9%
- Yield · Last 12 months
- 2.06%
- Holdings
- 111
- Volume · 30D
- 0.1M sh
- NAV per share
- $46.97
- 52W range
The ETF.net OUSM Grade
Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 22Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 86Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 20Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 59Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 69Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 52Category rank
Our read on OUSM
CMost dividend ETFs shop the large-cap aisle. OUSM works the small-cap end instead, screening for quality balance sheets, lower volatility and dividend growth, then paying out monthly.
OUSM seeks to track the performance of the O'Shares U.S. Small-Cap Quality Dividend Index before fees and expenses. Its portfolio consists of U.S. small-cap dividend-paying companies selected for quality, low volatility, and dividend-growth characteristics.
Why people hold it
- Small-cap and dividend rarely share a shelf. The index screens roughly 110 U.S. small caps for quality, low volatility and dividend growth, a corner the big dividend funds mostly skip.alpsfunds.com
- Distributions land monthly rather than quarterly, an uncommon cadence for a stock fund.
- Live since 2016 and still doing the one job on the label: track a small-cap quality dividend index, with no drift up into large caps.
Worth knowing
- 0.48% a year is the toll for the small-cap screen. Large-cap dividend heavyweights in the same group, including SCHD, VIG and DGRO, charge a fraction of that.
- Small caps swing harder than blue chips. The low-volatility screen softens the ride; it does not flatten it.
- Moderately traded rather than a category volume leader, so spreads can run wider than in the giant dividend funds.
OUSM Holdings
- Stocks
- 111
- 21%
- BMI
Sectors
- Industrials24.0%
- Financials22.6%
- Consumer Discr.20.3%
- Technology11.2%
- Health Care8.5%
- Cons. Staples4.5%
- Utilities4.0%
- Communication3.3%
- Materials1.3%
- Energy0.3%
Geography
- United States98.11%
- Bermuda1.89%
OUSM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | OUSM |
|---|---|
| Year to date | +8.9% |
| 1 month | −5.8% |
| 3 months | +0.5% |
| 1 year | +6.9% |
| 3 years | +12.1% |
| 5 years | +8.1% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | OUSM |
|---|---|---|
| 2026 YTD | +8.9% | |
| 2025 | +2.2% | |
| 2024 | +13.4% | |
| 2023 | +18.8% | |
| 2022 | −7.9% | |
| 2021 | +21.4% | |
| 2020 | +7.7% |
OUSM in the news
ETF.net Research hasn’t filed on OUSM yet — coverage lands here as it’s written.
OUSM Dividends
- 2.06%
- $0.97
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 22, 2026 | $0.09 |
| Aug 20, 2026 | Aug 25, 2026 | $0.10 |
| Jul 16, 2026 | Jul 21, 2026 | $0.02 |
| Jun 18, 2026 | Jun 24, 2026 | $0.11 |
| May 21, 2026 | May 27, 2026 | $0.09 |
| Apr 16, 2026 | Apr 21, 2026 | $0.02 |
| Mar 19, 2026 | Mar 24, 2026 | $0.10 |
| Feb 19, 2026 | Feb 24, 2026 | $0.09 |
| Jan 22, 2026 | Jan 27, 2026 | $0.03 |
| Dec 18, 2025 | Dec 23, 2025 | $0.22 |
| Nov 20, 2025 | Nov 26, 2025 | $0.07 |
| Oct 23, 2025 | Oct 28, 2025 | $0.03 |
OUSM Risk
- 13.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.59
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.78
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
OUSM Cost
- The middle half of US Dividend Index funds
- Median 0.38%
40 of the 52 US Dividend Index funds charge less.