See what your fund actually adds
Obra Defensive High Yield ETF ODHY
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | ODHY | Replication |
|---|---|---|
| Annualized growth | 2.5% | 3.1% |
| Annualized volatility | 2.3% | 2.3% |
| Sharpe ratio | 1.12 | 1.32 |
| Maximum drawdown | 2.1% | 1.9% |
| Replication fit (R²) | 0.95 · Tracking error 0.5% | |
Replication portfolio
The published portfolio below is the investable basket used to model ODHY’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| SPHY | FI · High Yield | 68.1% |
| VGSH | FI · Short Gov | 22.6% |
| VCSH | FI · Short Corp | 7.0% |
| EMLC | FI · EM Local Currency | 2.3% |