ALPS O'Shares U.S. Small-Cap Quality Dividend ETF
ALPS O'Shares U.S. Small- Quality Dividend ETF (AMEX: OUSM) is an exchange-traded fund listed on NYSE Arca, trading at $49.98 (about ₹4,691 a unit) as of 11 Nov 2026, 3:59 PM ET. It has an expense ratio of 0.48% and holds 111 securities. Indian residents can buy OUSM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$49.41
Today's high
$50.00
52 week low
$42.08
52 week high
$50.54
OUSM opened at $49.74, closed previously at $49.71, and has traded between $42.08 and $50.54 over the past 52 weeks.
About
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").
Key statistics
Expense ratio
0.48%
Assets (AUM)
$826.8M
Holdings
111
NAV
$49.72
Avg. volume
56.66K
1-year price change
+13.67%
5-year price change
+32.85%
Price change excludes dividends.
Top 10 holdings
OUSM holds 111 securities in total. These 10 are 22.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy OUSM from India
Indian residents can buy OUSM units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in OUSM from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search OUSM and buy
Find the fund by its ticker, OUSM, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your OUSM position in USD and INR. OUSM reinvests its income instead of paying it out, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying OUSM from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the OUSM price today?
ALPS O'Shares U.S. Small- Quality Dividend ETF (OUSM) last traded at $49.98 on NYSE Arca, as of 11 Nov 2026, 3:59 PM ET. That is ₹4,691 a unit at the 11 Nov 2026 USD/INR rate.
When does OUSM trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is OUSM, and what does it cost to hold?
ALPS O'Shares U.S. Small- Quality Dividend ETF manages about $826.8M. Its expense ratio is 0.48% a year, deducted inside the fund. It launched in 2016.
What are OUSM's largest holdings?
The top three are Badger Meter Inc. (2.4%), Concentra Group Holdings Parent Inc. (2.4%) and Encompass Health Corp. (2.2%). OUSM's 10 largest positions make up 22.0% of the fund.
Does OUSM pay dividends?
No. OUSM is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on OUSM taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of OUSM?
Yes. You can buy OUSM by amount rather than by whole unit, and there is no minimum trade size.
How has OUSM performed?
OUSM's price is up 13.7% over the past year and up 32.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.