At a glance
OEUR charges 0.48% a year, above the 0.27% average of the 7 funds most like it (the 6th cheapest of 8). It has $36.0M in assets, the 8th largest of that group; it paid 1.74% of its price in distributions over the past 12 months, quarterly. Over the past year it returned −0.9% with distributions reinvested (S&P 500: +11.5%), the weakest of those 8 funds; over three years it returned +14.0% a year. At its worst it fell 32.2% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 10 months after the low.
The short version
ALPS O'Shares Europe Quality Dividend ETF (OEUR) is a small, plain stock ETF. As its name says, it targets European companies that pay dividends and pass a quality screen. It charges 0.48% a year, against a 0.27% average for the European stock funds it was compared with. As of October 27, 2026, its 1-year and 3-year returns ranked last of eight. Its trailing yield was 1.74%, paid quarterly.
Price history
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OEUR -0.9% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| OEUR price data to Oct 27, 2026 | +0.5% | -0.9% | +14.0% | +6.0% | — | +9.5% |
- Over the year to Oct 27, 2026, OEUR returned -0.9%, 8th of 8 among similar funds.
- Its 5-year annualized return was +6.0%.
- Its worst full calendar year was 2022 (-18.0%); its best was 2023 (+25.2%).
- The deepest fall in its price history was 32.8% (Aug 13, 2021 to Sep 27, 2022), recovered by Dec 14, 2023.
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +0.5% |
| 2025 | +23.8% |
| 2024 | +0.7% |
| 2023 | +25.2% |
| 2022 | -18.0% |
| 2021 | +21.6% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Not in the price data, which starts Jun 2, 2020 |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 31.3% over that stretch · deepest drop along the way 32.2%, back to its old high 9.5 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.4800 | |
| 2025 | $0.6644 | -36.1% |
| 2024 | $1.0400 | -13.3% |
| 2023 | $1.2000 | +138.9% |
| 2022 | $0.5022 | -14.9% |
| 2021 | $0.5900 |
How it works
OEUR is a conventional exchange-traded fund that owns stocks. It does not use leverage or inverse bets, it does not run an options income strategy, and it is not a trust or commodity pool. Its name describes its aim: European companies that pay dividends and meet a "quality" test. In general, quality screens look at traits such as profitability and balance-sheet strength, and dividend screens then keep the companies that pay out cash.
The fund's prospectus sets out how it applies those ideas: which index it follows, how many stocks it holds, how they are weighted and how often the list is rebalanced. No prospectus was available for this review, so those details cannot be confirmed here. The ticker also could not be found in SEC ticker files or under the fund's name. That can mean a fund has been renamed, closed or is not SEC-registered. Anyone considering OEUR would need to check its latest documents with ALPS.
One mechanical point applies to any US fund that holds European shares. Those stocks trade in euros, pounds and other currencies. Unless a fund hedges that exposure, a stronger dollar lowers returns for US holders and a weaker dollar raises them. The fund passes dividends on to shareholders quarterly.
What it really costs
- OEUR charges 0.48% a year, versus an average of 0.27% for the similar funds below (6th of 8, cheapest first).
In a retirement portfolio
It adds European dividend-paying stocks to a portfolio built mostly on US shares, but it is too small, costly and volatile to be a core holding.
OEUR adds exposure to European companies. Its 1-year beta of 0.62 (a measure of how much it moves with the broad market) suggests it moved less than US stocks did. It is still a stock fund, though. Price data starts on June 2, 2020, so the 2008 crisis and the 2020 COVID crash are not covered. In the 2022 bear market it fell 32.2% and took about 9.5 months to recover. Its deepest drop was 32.8%, from August 2021 to September 2022, and recovery took 14.6 months. Its worst calendar year was 2022, at -18.02%. Anyone selling shares for spending money during a stretch like that would lock in losses.
As of October 27, 2026, it yielded 1.74%, paid quarterly. That is modest income for a dividend fund. The 0.48% expense ratio is above the 0.27% peer average. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want a small slice of European dividend payers next to US holdings and are fine with a 1.74% trailing yield paid quarterly.
- Holders who can sit through drops like the 32.8% decline from August 2021 to September 2022, which took 14.6 months to recover.
- Those who prefer a quality-and-dividend screen to broad European market exposure and accept paying 0.48% a year for it.
Look elsewhere if
- Cost-focused investors: broad Europe funds such as VGK (0.06%) and IEUR (0.09%) charge far less than OEUR's 0.48%.
- People who need sizable income now; OEUR's 1.74% trailing yield as of October 27, 2026, is modest for a dividend fund.
- Investors who prefer large, well-documented funds; OEUR had about $36 million in assets, and its ticker wasn't found in SEC files.
Close alternatives
Matched by legacy category (no holdings report for this fund).
| Fund | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|
| OEUR this fund | 0.48% | $36.0M | -0.9% | +14.0% |
| VGK Vanguard FTSE Europe ETF | 0.06% | $28.00B | +11.9% | +19.7% |
| EZU iShares MSCI Eurozone ETF | 0.51% | $8.70B | +6.8% | +21.0% |
| DBEF Xtrackers MSCI EAFE Hedged Equity ETF | 0.35% | $7.60B | +17.1% | +20.9% |
| IEUR iShares Core MSCI Europe ETF | 0.09% | $5.40B | +9.6% | +19.9% |
| FEZ SPDR EURO STOXX 50 ETF | 0.29% | $4.50B | +5.6% | +20.6% |
| BBEU JPMorgan BetaBuilders Europe ETF | 0.09% | $4.10B | +9.5% | +19.8% |
| EWU iShares MSCI United Kingdom ETF | 0.5% | $3.20B | +13.6% | +20.6% |
Questions investors ask
Is OEUR good for retirement income?
It provides some income, but not much. As of October 27, 2026, OEUR's trailing 12-month yield was 1.74%, or about $0.5744 per share, paid quarterly. The share price also swings: the fund lost 18.02% in 2022 and gained 25.17% in 2023. That makes it better suited as a small diversifying holding than as a main income source. How it fits depends on the rest of the portfolio.
Does OEUR pay monthly dividends?
No. OEUR pays dividends quarterly, not monthly. Over the 12 months to October 27, 2026, it paid about $0.5744 per share, a trailing yield of 1.74%. Because the fund holds European companies, the amounts can vary from one payment to the next. They depend on what those companies pay and on exchange rates between the dollar and European currencies.
OEUR vs VGK: what's the difference?
VGK, the Vanguard FTSE Europe ETF, is a broad European stock fund. OEUR focuses on dividend-paying companies that pass a quality screen. VGK is much cheaper and larger, with a 0.06% expense ratio and about $28 billion in assets. OEUR charges 0.48% and holds about $36 million. VGK returned 11.9% over one year and 19.7% a year over three years, as of October 30, 2026. OEUR returned -0.9% and 14% a year, as of October 27, 2026.
How much did OEUR drop in 2022?
OEUR lost 18.02% in calendar year 2022, its worst year on record since price data begins in June 2020. The drop from peak to low was deeper. During the 2022 bear market it fell 32.2% between January 3 and September 27, 2022, then recovered by July 13, 2023. Measured from its earlier peak in August 2021, the decline reached 32.8% and took 14.6 months to recover.
Is OEUR still trading or was it closed?
That couldn't be confirmed. OEUR's ticker didn't appear in SEC ticker files or under the fund's name. That can happen when a fund is renamed, closed or not registered with the SEC. Price data runs through October 27, 2026, and the fund had about $36 million in assets, which ranked last by size among the eight funds compared. Anyone interested may want to confirm the fund's status with ALPS or a brokerage.