OUSA
O’Shares U.S. Quality Dividend ETF
Why OUSA for Large Cap Quality Dividends?
Fund Investment Objective
The Fund seeks to track the performance (before fees and expenses) of its target index, the O’Shares U.S. Quality Dividend Index (the “Target Index”).
The Target Index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by O’Shares Investment Advisers, LLC (the “Index Provider”). The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines.
Fund & Market Data
| Profile | |
|---|---|
| Symbol | OUSA |
| Listing Exchange | Cboe |
| Inception Date | 7/14/2015 |
| CUSIP | 67110P407 |
| Target Index Provider | O'Shares |
| Target Index Symbol | OUSAX |
| Expense Ratio | 0.48% |
30 Day SEC Yield  | 1.76% (as of 3/31/2021) |
| Market Data as of | 05/05/2021 |
|---|---|
| NAV Price | $41.50 |
| NAV Price Change | $0.06 |
| Market Price | $41.52 |
| Market Price Change | $0.05 |
| 30 Day Median Bid/Ask Spread | 0.05% (as of 05/04/2021) |
| Premium/Discount | 0.08% (as of 05/04/2021) |
| Shares Outstanding | 16,050,000.000 |
| Volume | 166,418 |
| Total Net Assets | $666,094,475.03 |
Please note that effective June 1, 2020 the target index for OUSA was changed from FTSE USA Qual/Vol/Yield Factor 5% Capped Index to O’Shares U.S. Quality Dividend Index. The new index provides greater emphasis on our principles of Quality. Information beginning June 1, 2020, including yield and holdings data, reflect the index change.
There are risks involved with investing, including possible loss of principal. Concentration in a particular industry or sector will subject the Funds to loss due to adverse occurrences that may affect that industry or sector. The Fund may use derivatives which may involve risks different from, or greater than, those associated with more traditional investments. The Fund’s emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend after the Fund’s purchase of such a company’s securities. See the prospectus for specific risks regarding the Fund.
Performance
MONTHLY PERFORMANCE (AS OF 3/31/2021)
| QTD | YTD | 1 YR | 3 YR | 5 YR | SI | |
|---|---|---|---|---|---|---|
| NAV | 4.50% | 4.50% | 40.21% | 12.13% | 11.25% | 11.18% |
| Market Value | 4.55% | 4.55% | 40.23% | 12.17% | 11.26% | 11.19% |
QUARTERLY PERFORMANCE (AS OF 3/31/2020)
| QTD | YTD | 1 YR | 3 YR | 5 YR | SI | |
|---|---|---|---|---|---|---|
| NAV | 4.50% | 4.50% | 40.21% | 12.13% | 11.25% | 11.18% |
| Market Value | 4.55% | 4.55% | 40.23% | 12.17% | 11.26% | 11.19% |
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns beyond 1 year are annualized.
Shares of the Funds are not individually redeemable and the owners of Shares may purchase or redeem Shares from each Fund in Creation Units only. The purchase and sale price of individual Shares trading on an Exchange may be below, at or above the most recently calculated NAV for such Shares.
Market Price returns are generally based on market value at 4:00PM Eastern time (when NAV is normally determined), and do not represent the returns you would receive if you traded shares at other times. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. Some performance results reflect expense subsidies and waivers in effect during certain periods. Absent these waivers, results would have been less favorable.
Holdings
| Name (As of 05/05/2021) | Ticker | Sector | Fund Weight | Quantity | CUSIP/ISIN |
|---|---|---|---|---|---|
| Home Depot Inc/The | HD US | Consumer Discretionary | 5.253% | 105,342.00 | 437076102 |
| Microsoft Corp | MSFT US | Information Technology | 5.177% | 139,860.00 | 594918104 |
| Johnson & Johnson | JNJ US | Health Care | 4.907% | 195,594.00 | 478160104 |
| Procter & Gamble Co/The | PG US | Consumer Staples | 3.772% | 188,222.00 | 742718109 |
| Merck & Co Inc | MRK US | Health Care | 3.656% | 313,298.00 | 58933Y105 |
| Verizon Communications Inc | VZ US | Communication Services | 3.645% | 413,535.00 | 92343V104 |
| Cisco Systems Inc/Delaware | CSCO US | Information Technology | 3.164% | 412,089.00 | 17275R102 |
| Pfizer Inc | PFE US | Health Care | 3.149% | 524,591.00 | 717081103 |
| Apple Inc | AAPL US | Information Technology | 2.943% | 152,965.00 | 037833100 |
| UnitedHealth Group Inc | UNH US | Health Care | 2.772% | 44,741.00 | 91324P102 |
| Honeywell International Inc | HON US | Industrials | 2.535% | 74,639.00 | 438516106 |
| Amgen Inc | AMGN US | Health Care | 2.361% | 63,059.00 | 031162100 |
| 3M Co | MMM US | Industrials | 2.326% | 76,891.00 | 88579Y101 |
| Lockheed Martin Corp | LMT US | Industrials | 2.279% | 39,272.00 | 539830109 |
| Texas Instruments Inc | TXN US | Information Technology | 2.185% | 80,110.00 | 882508104 |
| Coca-Cola Co/The | KO US | Consumer Staples | 2.129% | 262,583.00 | 191216100 |
| Comcast Corp | CMCSA US | Communication Services | 2.097% | 247,600.00 | 20030N101 |
| Eli Lilly & Co | LLY US | Health Care | 2.079% | 71,800.00 | 532457108 |
| PepsiCo Inc | PEP US | Consumer Staples | 2.041% | 94,478.00 | 713448108 |
| McDonald's Corp | MCD US | Consumer Discretionary | 1.832% | 51,911.00 | 580135101 |
| Intel Corp | INTC US | Information Technology | 1.529% | 179,060.00 | 458140100 |
| S&P Global Inc | SPGI US | Financials | 1.479% | 25,125.00 | 78409V104 |
| United Parcel Service Inc | UPS US | Industrials | 1.440% | 44,688.00 | 911312106 |
| Oracle Corp | ORCL US | Information Technology | 1.407% | 118,279.00 | 68389X105 |
| Visa Inc | V US | Information Technology | 1.386% | 40,275.00 | 92826C839 |
| Walmart Inc | WMT US | Consumer Staples | 1.283% | 60,768.00 | 931142103 |
| Accenture PLC | ACN US | Information Technology | 1.280% | 29,434.00 | G1151C101 |
| Philip Morris International In | PM US | Consumer Staples | 1.266% | 88,310.00 | 718172109 |
| Marsh & McLennan Cos Inc | MMC US | Financials | 1.255% | 60,730.00 | 571748102 |
| Illinois Tool Works Inc | ITW US | Industrials | 1.197% | 33,823.00 | 452308109 |
| NextEra Energy Inc | NEE US | Utilities | 1.172% | 105,788.00 | 65339F101 |
| Medtronic PLC | MDT US | Health Care | 1.111% | 58,277.00 | G5960L103 |
| Union Pacific Corp | UNP US | Industrials | 1.103% | 32,848.00 | 907818108 |
| Costco Wholesale Corp | COST US | Consumer Staples | 0.986% | 17,622.00 | 22160K105 |
| AT&T Inc | T US | Communication Services | 0.981% | 203,872.00 | 00206R102 |
| Colgate-Palmolive Co | CL US | Consumer Staples | 0.946% | 77,446.00 | 194162103 |
| AbbVie Inc | ABBV US | Health Care | 0.811% | 46,670.00 | 00287Y109 |
| JPMorgan Chase & Co | JPM US | Financials | 0.758% | 32,057.00 | 46625H100 |
| T Rowe Price Group Inc | TROW US | Financials | 0.744% | 26,731.00 | 74144T108 |
| Kimberly-Clark Corp | KMB US | Consumer Staples | 0.719% | 35,339.00 | 494368103 |
| Lowe's Cos Inc | LOW US | Consumer Discretionary | 0.717% | 23,875.00 | 548661107 |
| Starbucks Corp | SBUX US | Consumer Discretionary | 0.690% | 40,470.00 | 855244109 |
| Allstate Corp/The | ALL US | Financials | 0.681% | 35,577.00 | 020002101 |
| Northrop Grumman Corp | NOC US | Industrials | 0.672% | 12,006.00 | 666807102 |
| Aon PLC | AON US | Financials | 0.615% | 16,112.00 | G0403H108 |
| Waste Management Inc | WM US | Industrials | 0.556% | 26,125.00 | 94106L109 |
| NIKE Inc | NKE US | Consumer Discretionary | 0.548% | 27,578.00 | 654106103 |
| Mastercard Inc | MA US | Information Technology | 0.476% | 8,580.00 | 57636Q104 |
| Abbott Laboratories | ABT US | Health Care | 0.469% | 26,341.00 | 002824100 |
| Target Corp | TGT US | Consumer Discretionary | 0.468% | 14,682.00 | 87612E106 |
| Moody's Corp | MCO US | Financials | 0.432% | 8,749.00 | 615369105 |
| General Dynamics Corp | GD US | Industrials | 0.423% | 14,770.00 | 369550108 |
| Automatic Data Processing Inc | ADP US | Information Technology | 0.418% | 14,375.00 | 053015103 |
| WEC Energy Group Inc | WEC US | Utilities | 0.409% | 28,203.00 | 92939U106 |
| Mondelez International Inc | MDLZ US | Consumer Staples | 0.398% | 43,388.00 | 609207105 |
| Fastenal Co | FAST US | Industrials | 0.386% | 47,440.00 | 311900104 |
| CVS Health Corp | CVS US | Health Care | 0.373% | 29,948.00 | 126650100 |
| International Business Machine | IBM US | Information Technology | 0.362% | 16,591.00 | 459200101 |
| CME Group Inc | CME US | Financials | 0.353% | 11,591.00 | 12572Q105 |
| MSCI Inc | MSCI US | Financials | 0.333% | 4,639.00 | 55354G100 |
| Expeditors International of Wa | EXPD US | Industrials | 0.327% | 19,189.00 | 302130109 |
| Clorox Co/The | CLX US | Consumer Staples | 0.317% | 11,483.00 | 189054109 |
| Paychex Inc | PAYX US | Information Technology | 0.280% | 18,605.00 | 704326107 |
| Yum! Brands Inc | YUM US | Consumer Discretionary | 0.275% | 15,142.00 | 988498101 |
| General Mills Inc | GIS US | Consumer Staples | 0.258% | 27,814.00 | 370334104 |
| eBay Inc | EBAY US | Consumer Discretionary | 0.248% | 28,301.00 | 278642103 |
| Hormel Foods Corp | HRL US | Consumer Staples | 0.232% | 32,527.00 | 440452100 |
| Hershey Co/The | HSY US | Consumer Staples | 0.221% | 8,744.00 | 427866108 |
| Dollar General Corp | DG US | Consumer Discretionary | 0.219% | 6,765.00 | 256677105 |
| Garmin Ltd | GRMN US | Consumer Discretionary | 0.217% | 10,344.00 | H2906T109 |
| Intuit Inc | INTU US | Information Technology | 0.214% | 3,635.00 | 461202103 |
| Norfolk Southern Corp | NSC US | Industrials | 0.212% | 4,930.00 | 655844108 |
| Emerson Electric Co | EMR US | Industrials | 0.209% | 15,329.00 | 291011104 |
| CSX Corp | CSX US | Industrials | 0.198% | 13,057.00 | 126408103 |
| Stryker Corp | SYK US | Health Care | 0.198% | 5,217.00 | 863667101 |
| Trane Technologies PLC | TT US | Industrials | 0.195% | 7,248.00 | G8994E103 |
| Cummins Inc | CMI US | Industrials | 0.192% | 4,902.00 | 231021106 |
| Cognizant Technology Solutions | CTSH US | Information Technology | 0.189% | 15,425.00 | 192446102 |
| Rockwell Automation Inc | ROK US | Industrials | 0.182% | 4,552.00 | 773903109 |
| Motorola Solutions Inc | MSI US | Information Technology | 0.174% | 6,224.00 | 620076307 |
| IDEX Corp | IEX US | Industrials | 0.172% | 5,076.00 | 45167R104 |
| Anthem Inc | ANTM US | Health Care | 0.171% | 2,932.00 | 036752103 |
| CH Robinson Worldwide Inc | CHRW US | Industrials | 0.159% | 10,700.00 | 12541W209 |
| L3Harris Technologies Inc | LHX US | Industrials | 0.159% | 4,870.00 | 502431109 |
| Zoetis Inc | ZTS US | Health Care | 0.159% | 6,108.00 | 98978V103 |
| Cintas Corp | CTAS US | Industrials | 0.148% | 2,832.00 | 172908105 |
| Amphenol Corp | APH US | Information Technology | 0.142% | 14,094.00 | 032095101 |
| Cerner Corp | CERN US | Health Care | 0.142% | 12,699.00 | 156782104 |
| Brown-Forman Corp | BF/B US | Consumer Staples | 0.141% | 12,386.00 | 115637209 |
| PACCAR Inc | PCAR US | Industrials | 0.136% | 9,960.00 | 693718108 |
| Church & Dwight Co Inc | CHD US | Consumer Staples | 0.132% | 9,961.00 | 171340102 |
| Broadcom Inc | AVGO US | Information Technology | 0.122% | 1,837.00 | 11135F101 |
| Maxim Integrated Products Inc | MXIM US | Information Technology | 0.118% | 8,330.00 | 57772K101 |
| Analog Devices Inc | ADI US | Information Technology | 0.108% | 4,683.00 | 032654105 |
| Amdocs Ltd | DOX US | Information Technology | 0.102% | 8,946.00 | G02602103 |
| Broadridge Financial Solutions | BR US | Information Technology | 0.094% | 3,812.00 | 11133T103 |
| Kellogg Co | K US | Consumer Staples | 0.084% | 8,874.00 | 487836108 |
| Citrix Systems Inc | CTXS US | Information Technology | 0.077% | 4,275.00 | 177376100 |
| Western Union Co/The | WU US | Information Technology | 0.072% | 19,212.00 | 959802109 |
| Jack Henry & Associates Inc | JKHY US | Information Technology | 0.061% | 2,565.00 | 426281101 |
| USD CURNCY | USD CURNCY | 0.004% | 29,355.81 |
Sector Allocation
AS OF 3/31/2021
| Sector | Weight |
|---|---|
| Information Technology | 22.51% |
| Health Care | 22.29% |
| Consumer Staples | 15.27% |
| Industrials | 14.83% |
| Consumer Discretionary | 10.23% |
| Communication Services | 6.82% |
| Financials | 6.32% |
| Utilities | 1.66% |
| Cash | 0.08% |
Distributions
| Ex-Dividend | Record | Payable | Distribution Per Share |
|---|---|---|---|
| 03/29/2021 | 03/30/2021 | 04/01/2021 | 0.066479 |
| 02/25/2021 | 02/26/2021 | 03/02/2021 | 0.046043 |
| 01/28/2021 | 01/29/2021 | 02/02/2021 | 0.046163 |
| 12/29/2020 | 12/30/2020 | 01/04/2021 | 0.088403 |
| 11/27/2020 | 11/30/2020 | 12/02/2020 | 0.051062 |
| 10/29/2020 | 10/30/2020 | 11/03/2020 | 0.059382 |
| 09/29/2020 | 09/30/2020 | 10/02/2020 | 0.060621 |
| 08/28/2020 | 08/31/2020 | 09/02/2020 | 0.038724 |
| 07/30/2020 | 07/31/2020 | 08/04/2020 | 0.020381 |
| 06/29/2020 | 06/30/2020 | 07/02/2020 | 0.070818 |
| 05/28/2020 | 05/29/2020 | 06/02/2020 | 0.093515 |
| 04/29/2020 | 04/30/2020 | 05/04/2020 | 0.067912 |
| 03/27/2020 | 03/30/2020 | 04/01/2020 | 0.092086 |
| 02/25/2020 | 02/26/2020 | 02/28/2020 | 0.090179 |
| 01/29/2020 | 01/31/2020 | 02/04/2020 | 0.043146 |
| 12/27/2019 | 12/30/2019 | 01/03/2020 | 0.106313 |
| 11/27/2019 | 11/29/2019 | 12/03/2019 | 0.085099 |
| 10/30/2019 | 10/31/2019 | 11/04/2019 | 0.063451 |
| 9/27/2019 | 9/30/2019 | 10/2/2019 | 0.081163 |
| 8/28/2019 | 8/30/2019 | 9/4/2019 | 0.083196 |
| 7/30/2019 | 7/31/2019 | 8/2/2019 | 0.059927 |
| 6/27/2019 | 6/28/2019 | 7/2/2019 | 0.052483 |
| 5/30/2019 | 5/31/2019 | 6/4/2019 | 0.049536 |
| 4/26/2019 | 4/30/2019 | 5/2/2019 | 0.069547 |
| 3/28/2019 | 3/29/2019 | 4/2/2019 | 0.070789 |
| 2/27/2019 | 2/28/2019 | 3/4/2019 | 0.080658 |
| 1/30/2019 | 1/31/2019 | 2/4/2019 | 0.042709 |
| 12/27/2018 | 12/28/2018 | 1/3/2019 | 0.115449 |
| 11/29/2018 | 11/30/2018 | 12/4/2018 | 0.077441 |
| 10/30/2018 | 10/31/2018 | 11/2/2018 | 0.081878 |
| 9/27/2018 | 9/28/2018 | 10/2/2018 | 0.107168 |
| 8/29/2018 | 8/31/2018 | 9/5/2018 | 0.0759 |
| 7/30/2018 | 7/31/2018 | 8/2/2018 | 0.062 |
| 6/26/2018 | 6/27/2018 | 6/29/2018 | 0.072 |
| 5/30/2018 | 5/31/2018 | 6/4/2018 | 0.072 |
| 4/27/2018 | 4/30/2018 | 5/2/2018 | 0.070 |
| 3/27/2018 | 3/29/2018 | 4/3/2018 | 0.079 |
| 2/27/2018 | 2/28/2018 | 3/2/2018 | 0.061 |
| 1/30/2018 | 1/31/2018 | 2/2/2018 | 0.046 |
| 12/22/2017 | 12/26/2017 | 12/29/2017 | 0.144 |
| 11/15/2017 | 11/16/2017 | 11/21/2017 | 0.069 |
| 10/16/2017 | 10/17/2017 | 10/20/2017 | 0.070 |
| 9/15/2017 | 9/18/2017 | 9/21/2017 | 0.060 |
| 8/15/2017 | 8/17/2017 | 8/21/2017 | 0.026 |
| 7/17/2017 | 7/19/2017 | 7/21/2017 | 0.029 |
| 6/15/2017 | 6/19/2017 | 6/21/2017 | 0.065 |
| 5/12/2017 | 5/17/2017 | 5/19/2017 | 0.019 |
| 4/17/2017 | 4/19/2017 | 4/21/2017 | 0.060 |
| 3/15/2017 | 3/17/2017 | 3/21/2017 | 0.074 |
| 2/15/2017 | 2/17/2017 | 2/22/2017 | 0.043 |
| 1/17/2017 | 1/19/2017 | 1/23/2017 | 0.026 |
| 12/23/2016 | 12/28/2016 | 12/30/2016 | 0.093 |
| 11/15/2016 | 11/17/2016 | 11/21/2016 | 0.067 |
| 10/17/2016 | 10/19/2016 | 10/21/2016 | 0.066 |
| 9/15/2016 | 9/19/2016 | 9/21/2016 | 0.061 |
| 8/15/2016 | 8/17/2016 | 8/19/2016 | 0.026 |
| 7/15/2016 | 7/19/2016 | 7/21/2016 | 0.040 |
| 6/15/2016 | 6/17/2016 | 6/21/2016 | 0.099 |
| 5/16/2016 | 5/18/2016 | 5/20/2016 | 0.018 |
| 4/15/2016 | 4/19/2016 | 4/21/2016 | 0.047 |
| 3/15/2016 | 3/17/2016 | 3/21/2016 | 0.073 |
| 2/16/2016 | 2/18/2016 | 2/22/2016 | 0.022 |
| 1/15/2016 | 1/20/2016 | 1/22/2016 | 0.024 |
| 12/24/2015 | 12/29/2015 | 12/31/2015 | 0.091 |
| 11/16/2015 | 11/18/2015 | 11/20/2015 | 0.049 |
| 10/15/2015 | 10/19/2015 | 10/21/2015 | 0.059 |
| 9/15/2015 | 9/17/2015 | 9/21/2015 | 0.069 |
| 8/17/2015 | 8/19/2015 | 8/21/2015 | 0.024 |
Investor Resources
OUSA Research & News
