ETF overview
The Obra Opportunistic Structured Products ETF (OOSP) employs a flexible and proactive investment strategy, deploying capital across diverse capital structures, credit quality tiers, and duration profiles, all guided by the fund manager's ongoing evaluation of market conditions. Its portfolio encompasses a wide array of structured credit instruments, such as asset-backed securities, mortgage-backed securities (including both residential and commercial), collateralized debt obligations, collateralized mortgage obligations, and collateralized loan obligations. The advisor's selection process combines fundamental research, quantitative models, and structural analysis. The fund deliberately avoids concentrating on specific tranches or asset categories, maintaining broad diversification. A central tenet of the strategy involves meticulously assessing each individual security's potential for return relative to its associated risks. All holdings within the portfolio derive their value from interest payments or one or more derivative instruments, with the potential for leverage to be utilized. The fund will engage in active trading to manage exposures and capitalize on market opportunities, with transaction volumes expected to increase significantly during periods of heightened market volatility.
Fund facts
- Expense ratio
- 1.38%
- Fund assets
- 150.07M USD (all share classes)
- Issuer
- Obra
- Inception date
- Apr 9, 2024
- Number of holdings
- 272
Breakdown
Holdings (272)
| Name | Ticker | Weight |
|---|---|---|
| NYC 2024-3ELV D | 1.18% | |
| RPM 2026-R1A C | 1.00% | |
| CALI 2024-SUN D | 1.00% | |
| PAID 2026-2 B | 0.99% | |
| CHI 2025-110W D | 0.89% | |
| FMBT 2024-FBLU D | 0.84% | |
| VBTOW 2025-1A B | 0.82% | |
| JW 2024-BERY D | 0.81% | |
| GWT 2024-WOLF D | 0.80% | |
| GWT 2024-WLF2 D | 0.80% | |
| and 259 more | ||
Historical returns do not guarantee future returns. This is not investment advice.

Obra Opportunistic Structured Products ETF (OOSP)
- Expense ratio
- 1.38%
- Fund assets
- 150.07M USD (all share classes)
- Issuer
- Obra
- Inception date
- Apr 9, 2024
- Number of holdings
- 272
| Name | Ticker | Weight |
|---|---|---|
| NYC 2024-3ELV D | 1.18% | |
| RPM 2026-R1A C | 1.00% | |
| CALI 2024-SUN D | 1.00% | |
| PAID 2026-2 B | 0.99% | |
| CHI 2025-110W D | 0.89% | |
| FMBT 2024-FBLU D | 0.84% | |
| VBTOW 2025-1A B | 0.82% | |
| JW 2024-BERY D | 0.81% | |
| GWT 2024-WOLF D | 0.80% | |
| GWT 2024-WLF2 D | 0.80% | |
| and 259 more | ||
The Obra Opportunistic Structured Products ETF (OOSP) employs a flexible and proactive investment strategy, deploying capital across diverse capital structures, credit quality tiers, and duration profiles, all guided by the fund manager's ongoing evaluation of market conditions. Its portfolio encompasses a wide array of structured credit instruments, such as asset-backed securities, mortgage-backed securities (including both residential and commercial), collateralized debt obligations, collateralized mortgage obligations, and collateralized loan obligations. The advisor's selection process combines fundamental research, quantitative models, and structural analysis. The fund deliberately avoids concentrating on specific tranches or asset categories, maintaining broad diversification. A central tenet of the strategy involves meticulously assessing each individual security's potential for return relative to its associated risks. All holdings within the portfolio derive their value from interest payments or one or more derivative instruments, with the potential for leverage to be utilized. The fund will engage in active trading to manage exposures and capitalize on market opportunities, with transaction volumes expected to increase significantly during periods of heightened market volatility.
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