The ALPS (OUSA) ETF, a passively managed fund launched in 2015, targets the U.S. Large Cap Value segment with over $824.51 million in assets under management. It features an annual operating expense ratio of 0.48% and a 12-month trailing dividend yield of 1.27%, delivering a 7.17% return over the last year as of October 9, 2025. With a medium risk profile (beta of 0.82) and significant allocation to Information Technology (24.2%) and top holdings like Microsoft, OUSA holds a Zacks ETF Rank of 2 (Buy), making it a viable option for large-cap value exposure despite its higher expense ratio compared to larger alternatives like SCHD and VTV.
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ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. If you wish to go to ZacksTrade, click OK. If you do not, click Cancel. The ALPS (OUSA - Free Report) was launched on July 14, 2015, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market. The fund is sponsored by Alps. It has amassed assets over $824.51 million, making it one of the average sized ETFs attempting to match the Large Cap Value segment of the US equity market. Why Large Cap Value Large cap companies usually have a market capitalization above $10 billion. They tend to be stable companies with predictable cash flows and are usually less volatile than mid and small cap companies. Carrying lower than average price-to-earnings and price-to-book ratios, value stocks also have lower than average sales and earnings growth rates. Looking at their long-term performance, value stocks have outperformed growth stocks in almost all markets. They are however likely to underperform growth stocks in strong bull markets. Costs Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.48%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 1.27%. Sector Exposure and Top Holdings It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector -- about 24.2% of the portfolio. Financials and Healthcare round out the top three. Looking at individual holdings, Microsoft Corp. (MSFT) accounts for about 5.58% of total assets, followed by Alphabet Inc. (GOOGL) and Home Depot Inc. (HD). The top 10 holdings account for about 45.05% of total assets under management. Performance and Risk OUSA seeks to match the performance of the FTSE US Qual / Vol / Yield Factor 5% Capped Index before fees and expenses. The OShares U.S. Quality Dividend Index measures the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in the United States. The ETF has added roughly 7.57% so far this year and is up about 7.17% in the last one year (as of 10/09/2025). In the past 52-week period, it has traded between $47.97 and $56.71. The ETF has a beta of 0.82 and standard deviation of 13.14% for the trailing three-year period, making it a medium risk choice in the space. With about 101 holdings, it effectively diversifies company-specific risk. Alternatives ALPS holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, OUSA is a great option for investors seeking exposure to the Style Box - Large Cap Value segment of the market. There are other additional ETFs in the space that investors could consider as well. The Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV) track a similar index. While Schwab U.S. Dividend Equity ETF has $71.05 billion in assets, Vanguard Value ETF has $149.66 billion. SCHD has an expense ratio of 0.06% and VTV charges 0.04%. Bottom-Line While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Boost Your Portfolio with Our Top ETF Insights Zacks' exclusive Fund Newsletter delivers actionable information, top news and analysis, as well as top-performing ETFs, straight to your inbox every week. Don’t miss out on this valuable resource. It’s free! Image: Bigstock Should ALPS (OUSA) Be on Your Investing Radar? The ALPS (OUSA - Free Report) was launched on July 14, 2015, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market. The fund is sponsored by Alps. It has amassed assets over $824.51 million, making it one of the average sized ETFs attempting to match the Large Cap Value segment of the US equity market. Why Large Cap Value Large cap companies usually have a market capitalization above $10 billion. They tend to be stable companies with predictable cash flows and are usually less volatile than mid and small cap companies.Carrying lower than average price-to-earnings and price-to-book ratios, value stocks also have lower than average sales and earnings growth rates. Looking at their long-term performance, value stocks have outperformed growth stocks in almost all markets. They are however likely to underperform growth stocks in strong bull markets. Costs Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same.Annual operating expenses for this ETF are 0.48%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 1.27%. Sector Exposure and Top Holdings It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.This ETF has heaviest allocation to the Information Technology sector -- about 24.2% of the portfolio. Financials and Healthcare round out the top three. Looking at individual holdings, Microsoft Corp. (MSFT) accounts for about 5.58% of total assets, followed by Alphabet Inc. (GOOGL) and Home Depot Inc. (HD). The top 10 holdings account for about 45.05% of total assets under management. Performance and Risk OUSA seeks to match the performance of the FTSE US Qual / Vol / Yield Factor 5% Capped Index before fees and expenses. The OShares U.S. Quality Dividend Index measures the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in the United States.The ETF has added roughly 7.57% so far this year and is up about 7.17% in the last one year (as of 10/09/2025). In the past 52-week period, it has traded between $47.97 and $56.71. The ETF has a beta of 0.82 and standard deviation of 13.14% for the trailing three-year period, making it a medium risk choice in the space. With about 101 holdings, it effectively diversifies company-specific risk. Alternatives ALPS holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, OUSA is a great option for investors seeking exposure to the Style Box - Large Cap Value segment of the market. There are other additional ETFs in the space that investors could consider as well.The Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV) track a similar index. While Schwab U.S. Dividend Equity ETF has $71.05 billion in assets, Vanguard Value ETF has $149.66 billion. SCHD has an expense ratio of 0.06% and VTV charges 0.04%. Bottom-Line While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Boost Your Portfolio with Our Top ETF Insights Zacks' exclusive Fund Newsletter delivers actionable information, top news and analysis, as well as top-performing ETFs, straight to your inbox every week. Don’t miss out on this valuable resource. It’s free! Get it now >> The ALPS (OUSA) ETF, launched in 2015, is a passively managed fund providing exposure to the U.S. Large Cap Value equity market, currently holding over $824.51 million in assets. It has demonstrated a 7.17% return over the last year as of October 9, 2025, and a 7.57% year-to-date gain. With a beta of 0.82 and a 13.14% standard deviation over three years, OUSA is characterized as a medium-risk investment. Its portfolio is diversified across 101 holdings, with a significant 24.2% allocation to Information Technology, alongside Financials and Healthcare. Key individual holdings include Microsoft (5.58%), Alphabet, and Home Depot, with the top ten comprising 45.05% of total assets. The fund's annual operating expense ratio stands at 0.48%, complemented by a 1.27% trailing dividend yield. Despite its Zacks ETF Rank of 2 (Buy), OUSA's 0.48% expense ratio is considerably higher than similar large-cap value ETFs. For instance, Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV) charge 0.06% and 0.04%, respectively. These alternatives also command substantially larger assets under management, with SCHD at $71.05 billion and VTV at $149.66 billion. This disparity in costs and scale suggests OUSA, while positively rated and offering targeted exposure, carries a comparatively higher fee structure within its segment. Investors should weigh its performance and specific sector allocations against the lower-cost, larger-cap alternatives when considering large-cap value exposure.
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