ETF Evaluator: ALPS O'Shares Intl Dev Qual Div ETF () Follow This ETF

ALPS O'Shares Intl Dev Qual Div ETF Overview

ALPS O'Shares Intl Dev Qual Div ETF (OEFA) is a passively managed International Equity Europe Stock exchange-traded fund (ETF). ALPS launched the ETF in 2015.

The investment seeks to track the performance (before fees and expenses) of the O’Shares International Developed Quality Dividend Index (the “underlying index”). The underlying index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in Europe 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"). Under normal market conditions, the fund will invest at least 80% of its total assets in the components of the underlying index.

About ALPS O'Shares Intl Dev Qual Div ETF (OEFA)

There are 2 members of the management team with an average tenure of 3.22 years: Ryan Mischker (2022) and Charles Perkins (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Morningstar Eur NR USD index with a weighting of 100% and O'Shares Int Devloped Quality Div TR USD index with a weighting of 100%. ALPS O'Shares Intl Dev Qual Div ETF has 55 securities in its portfolio. The top 10 holdings constitute 33.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

ALPS O'Shares Intl Dev Qual Div ETF is part of the Equity global asset class and is within the International Equity ETF group. ALPS O'Shares Intl Dev Qual Div ETF has 94.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.9% There is 94.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ALPS O'Shares Intl Dev Qual Div ETF has 1.0% of the portfolio in cash.

Assets Under Management

The fund has $36 million in total assets, which is below the $2 billion average for the Europe Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

OEFA Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The ALPS O'Shares Intl Dev Qual Div ETF expense ratio is average compared to funds in the Europe Stock category. ALPS O'Shares Intl Dev Qual Div ETF has an expense ratio of 0.48%, which is 11% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. ALPS O'Shares Intl Dev Qual Div ETF has a portfolio turnover rate of 57%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 30% for the Europe Stock category.

Recently, in the month of July 2026, ALPS O'Shares Intl Dev Qual Div ETF returned 3.4%, which earned it a grade of B, as the Europe Stock category had an average return of 2.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

ALPS O'Shares Intl Dev Qual Div ETF has a trailing yield of 1.47%, which is below the 2.65% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

ALPS O'Shares Intl Dev Qual Div ETF Grades

Year to date, the ETF has returned 7.4%, 2.8 percentage points worse than the category, which translates into a grade of F. The fund has returned 14.9% over the past year (grade of F), 11.6% over the past three years (grade of F) and 7.1% per year over the past five years (grade of F) and 7.4% per year over the past 10 years (grade of F).

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