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NSCI vs OOSP

Nuveen Securitized Income

NSCIANYSE Arca

Obra Opportunistic Structured Products ETF

OOSP—NYSE Arca

Overlap

No data

Expense ratio

NSCI −0.26pt a year

NSCI0.38%OOSP0.64%

Avg volume · 30D

NSCI 12.2×the volume

NSCI67.2KOOSP5.51K

NSCI vs OOSP Performance

Oct 31, 2025 – Nov 2, 2026

+4.0%NSCI+5.4%OOSP

Oct 31, 2025 to Nov 2, 2026. NSCI +4.0%. OOSP +5.4%. Use the arrow keys to read each point.0%1%2%3%6%Oct 2025May 2026Nov 2026
Expense ratio
NSCI 0.38%, better
OOSP 0.64%
Fund size
NSCI $310M
OOSP $150M
1Y total return
NSCI +4.0%
OOSP +5.4%, better
Yield (12M)
NSCI No data
OOSP 6.28%
Holdings
NSCI 269
OOSP 271
Avg volume (30D)
NSCI 67.2K sh, better
OOSP 5.51K sh
NAV per share
NSCI $24.98
OOSP $10.04
52W range

ETF.net Grade

  • —OOSPUnder classification review
NSCI: Cost 68, Risk 67, Mission 4, Tradability 76, Holdings 88, Durability 65.
Pillar letters and Scores for NSCI, OOSP, with each pillar’s weight
PillarNSCIOOSP
Cost30% weightB68Not scored
Mission25% weightF4Not scored
Risk15% weightB67Not scored
Tradability15% weightA76Not scored
Holdings10% weightA88Not scored
Durability5% weightB65Not scored

Rank among Multi-Sector Securitized Bond funds

How we build Categories ›

Our read on each fund

ETF.net Research

NSCIANuveen Securitized Income

OOSP—Obra Opportunistic Structured Products ETF

In short

NSCI Securitized credit is the bond market's plumbing: mortgage, consumer-loan and CLO paper that broad index funds only skim. NSCI is Nuveen's active run at it, holding at least 80% in structured bonds with room to reach below investment grade.

OOSP No data

Stated mandate

NSCI The Fund seeks a high level of current income and total return. It is actively managed and normally invests at least 80% of net assets plus investment borrowings in securitized credit investments.

OOSP No data

Why people hold it

  • NSCI Active securitized credit for 0.38% a year, under its bond-cohort median and under the closest rival, iShares' SECU at 0.40%.sec.gov
  • Mandate spans agency and non-agency MBS, CMBS, ABS and CLOs, spread across roughly 200 positions rather than a handful of big bets.sec.govnuveen.com
  • Guardrails are in the prospectus: up to 50% below investment grade, nothing rated under CCC at purchase, unrated capped at 25%.sec.gov

OOSP No data

Worth knowing

  • NSCI No index to hug. Returns ride on Nuveen's securitized desk picking the right structures, which cuts both ways.sec.gov
  • Launched in 2025, so there is no long record to judge the strategy through a full credit cycle.
  • Thinly traded and small so far, which can mean wider spreads than household bond ETFs, especially on large or hurried orders.

OOSP No data

Full NSCI profile⁠

Full OOSP profile⁠

NSCI vs OOSP Holdings

How NSCI and OOSP differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

  • Countryby domicile86.2%
  • Asset classFixed Income100%

Sector

No Sector split for NSCI and OOSP.

Country, concentration and asset class

Country by domicile

Country weights in NSCI and OOSP, widest gap first
CountryMore in NSCIMore in OOSP
Cayman IslandsOOSP +13.4 points
United StatesNSCI +13.4 points
Other countries (3)NSCI +0.1 points

Outside the US: OOSP 4% developed, 96% emerging.

Concentration

Weight in the 10 largest Holdings

  • NSCI10.5%
  • OOSP9.0%

Securities held

  • NSCI260
  • OOSP270

Asset class

NSCI
Fixed Income
OOSP
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. NSCI holds 260 securities, OOSP 270.

All 256 NSCI holdings⁠All 270 OOSP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

NSCI vs OOSP Cost

Overpaying OOSP vs NSCI

$4,832

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NSCI 0.38%

    $7,706

  • OOSP 0.64%

    $12,538

$10,000
30 years

Cost over time

  • NSCI 0.38%
  • OOSP 0.64%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530OOSP $12,538NSCI $7,706

Year by year

YearNSCIOOSPOverpaying
10$688$1,145$457
20$2,658$4,375$1,717
30$7,706$12,538$4,832

Expense ratio

  • 0.38%NSCI, cheaper
  • 0.64%OOSP
  • Middle half of Multi-Sector Securitized Bond funds
  • Median 0.39%

NSCI 4th cheapest of 11 funds

OOSP 10th cheapest of 11 funds

NSCI vs OOSP Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
NSCI No data
OOSP 6.28%
Payout (12M)
NSCI No data
OOSP $0.63
Last payment
NSCI $0.11
OOSP $0.05
Ex-dividend
NSCI Nov 2, 2026
OOSP Oct 29, 2026
Paid on
NSCI Pays Nov 3, 2026
OOSP Oct 30, 2026
Frequency
NSCI Monthly
OOSP Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

NSCIMonthly · 13 paymentsAll NSCI payments⁠
One bar per payment. 13 payments from 2024 to 2026 YTD. Nov 3, 2025 $0.08; Dec 1, 2025 $0.08; Dec 18, 2025 $0.12; Feb 2, 2026 $0.09; Mar 2, 2026 $0.10; Apr 1, 2026 $0.10; May 1, 2026 $0.10; Jun 1, 2026 $0.10; Jul 1, 2026 $0.10; Aug 3, 2026 $0.10; Sep 1, 2026 $0.11; Oct 1, 2026 $0.10; Nov 2, 2026 $0.11. Use the arrow keys to read each point.$0$0.102026YTD
OOSPMonthly · 29 paymentsAll OOSP payments⁠
One bar per payment. 29 payments from 2024 to 2026 YTD. Jun 28, 2024 $0.16; Jul 30, 2024 $0.06; Aug 30, 2024 $0.07; Sep 27, 2024 $0.07; Oct 30, 2024 $0.07; Nov 29, 2024 $0.06; Dec 30, 2024 $0.06; Jan 30, 2025 $0.06; Feb 27, 2025 $0.06; Mar 28, 2025 $0.06; Apr 29, 2025 $0.06; May 29, 2025 $0.06; Jun 27, 2025 $0.06; Jul 30, 2025 $0.06; Aug 28, 2025 $0.06; Sep 29, 2025 $0.06; Oct 30, 2025 $0.06; Nov 26, 2025 $0.05; Dec 30, 2025 $0.06; Jan 29, 2026 $0.06; Feb 26, 2026 $0.05; Mar 30, 2026 $0.05; Apr 29, 2026 $0.05; May 28, 2026 $0.05; Jun 29, 2026 $0.05; Jul 30, 2026 $0.05; Aug 28, 2026 $0.05; Sep 29, 2026 $0.05; Oct 29, 2026 $0.05. Use the arrow keys to read each point.$0$0.102026YTD

NSCI vs OOSP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NSCI 1.7%since Oct 2025OOSP 1.6%since May 2024
Return per unit of riskSharpe ratio, 3 years
NSCI 0.06since Oct 2025OOSP 1.72since May 2024
Worst fallMax drawdown, 5 years
NSCI −1.1%since Sep 2025OOSP −1.4%since Apr 2024
Market sensitivityBeta, 5 years
NSCI 0.05OOSP 0.06

NSCI and OOSP in the news

All news⁠

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