ATLASALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM): outlook, holdings and fees
ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) is an exchange-traded fund and is managed by ALPS. The expense ratio is 0.45% and the yield is 2.19%. The ten largest holdings are 21% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on OUSM
| Last price | $48.59 (-0.5%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $47.64 – $50.05 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 2.19% · monthly |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
OUSM fund facts
| Issuer | ALPS |
|---|---|
| Theme | US small caps |
| Assets under management | $785M |
| Expense ratio | 0.45% |
| Number of holdings | 50 |
| Portfolio turnover | 63% |
| Inception | Dec 30, 2016 |
| Exchange | CBOE |
Under normal market conditions, the fund will invest at least 80% of its total assets in the components of the index. The index is designed to reflect the performance of publicly-listed small-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).
OUSM top holdings
| Holding | Sector | Weight |
|---|---|---|
| Concentra Group Holdings Parent, Inc. CON | Healthcare | 2.14% |
| Avnet Inc AVT | Technology | 2.06% |
| Badger Meter Inc BMI | Technology | 2.03% |
| Lincoln Electric Holdings Inc LECO | Industrials | 2.21% |
| Graco Inc GGG | Industrials | 2.03% |
| Universal Health Services Inc UHS | Healthcare | 1.99% |
| Encompass Health Corp EHC | Healthcare | 2.16% |
| National HealthCare Corporation NHC | Healthcare | 2.12% |
| New York Times Company NYT | Communication Services | 1.97% |
| Smith AO Corporation AOS | Industrials | 2.03% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
OUSM sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 25.6% |
| Financial Services | 19.2% |
| Technology | 17.1% |
| Consumer Cyclicals | 13.7% |
| Healthcare | 10.8% |
| Consumer Defensive | 4.8% |
| Communication Services | 4.4% |
| Utilities | 3.1% |
| Basic Materials | 0.8% |
| Energy | 0.5% |
By region: North America 100.0%.
OUSM returns and risk
| Year to date | +8.6% |
|---|---|
| 1 year | +11.0% |
| 3 years (annualised) | +12.9% |
| 5 years (annualised) | +8.0% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 14.0% |
| Sharpe ratio (3 years) | 0.50 |
Past returns do not guarantee future results.
OUSM: frequently asked questions
What does OUSM invest in?
ALPS O'Shares U.S. Small-Cap Quality Dividend ETF invests in a portfolio of securities. Its largest holdings are Concentra Group Holdings Parent, Inc. (2.1%), Avnet Inc (2.1%), Badger Meter Inc (2.0%), Lincoln Electric Holdings Inc (2.2%), Graco Inc (2.0%).
What is the OUSM expense ratio?
0.45% a year: about $45.00 for every $10,000 invested.
What is the OUSM dividend yield?
2.19%, paid monthly. ATLAS does not hold the exact distribution dates for ETFs.
Will OUSM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $47.64 to $50.05 from $48.59 today. It is a probability, not a prediction.
How has OUSM performed?
Year to date +8.6%, one year +11.0%, three years +12.9% a year, five years +8.0% a year. Past returns do not guarantee future results.
Similar ETFs: US small caps
Educational information, not investment advice. Disclaimer