Active US Equity ETF | OBUS

ODDO BHF US Equity Active UCITS ETF – Acc

An investment solution aiming to invest efficiently in US equities

Why Invest in the Active US Equity ETF

Proven proprietary data model

Access a well-established, momentum strategy with a 20-year track record managed by its original founders.

Active risk-controlled approach

Benefit from selective exposure to large-cap US stocks with dynamic rebalancing and integrated risk oversight.

Cost efficiency and sustainability

Combine sustainable investing with the efficiency of an actively managed ETF structure.

Why Invest in the Active US Equity

Adaptability to market conditions 

An active approach allows portfolio managers to respond to shifting market dynamics rather than staying tied to an index. This flexibility can help manage risk and seize timely opportunities. 

Risk-managed allocation 

A strategy that actively adjusts stock weightings based on risk and return signals avoids rigid index constraints, offering selective exposure to companies that may be best positioned in the current environment. 

Integrated risk oversight and ESG alignment 

Active strategies can incorporate both financial and non-financial factors, including ESG criteria, into the investment process. They also allow for greater control over portfolio risk, helping investors align their exposure with personal values or market outlook.

Investment Strategy

The ETF seeks long-term capital growth by investing in a diversified portfolio of large-cap US equities, primarily within the S&P 500 Index. The ETF employs a proprietary quantitative model that captures persistent market trends using a smart momentum strategy. This systematic, rule-based process ensures disciplined stock selection while maintaining flexibility to adapt to changing market dynamics.

The approach is complemented by robust risk management and ESG integration, aligning with Article 8 SFDR standards.

The strategy benefits from two decades of successful implementation, strong performance records and remains under the guidance of its original founders, offering investors a time-tested and actively managed solution within a cost-efficient ETF wrapper.

Meet the Management Team

Steffen Fuchs, CFA| Senior Portfolio Manager / quantitative analyst

Steffen Fuchs has been Senior Portfolio Manager and Quantitative Analyst at ODDO BHF AM since 2019, in charge of systematic equity strategies and quantitative research. Prior to that, he worked for UniCredit, initially as Equity Derivatives Structurer and later transitioning to the role of Exotic Derivatives Trader. Steffen Fuchs holds a master’s degree in finance from the University of Cologne and is also a Chartered Financial Analyst.

 Dr. Stefan Braun, CFA | Global Head of Systematic Strategies

Stefan Braun, CFA, has been Global Co-Head of Systematic Strategies and Quantitative Research at ODDO BHF Asset Management since 2016. Prior to this, he was responsible for quantitative and equity products at the company starting in 2008. Before that, he held positions as the Head of Quantitative Research and Products at WMAM KAG and as the Head of Quantitative Research at WestAM KAG (both predecessor companies of ODDO BHF Asset Management). Stefan Braun is an expert in quantitative strategies, behavioural finance, and asset allocation. He studied economics in Kiel and obtained his doctorate from the University of Cologne.

Karsten Seier, CFA | Global Head of Systematic Strategies

Karsten Seier, CFA, has been Global Co-Head of Systematic Strategies and Quantitative Research at ODDO BHF Asset Management since 2016. Prior to this role, he was responsible for quantitative research and products at the company starting in 2008. Before that, he served as the Deputy Head of Quantitative Research and Products at WMAM KAG and as a Quantitative Analyst in Equity Portfolio Management at WestAM KAG (both predecessor companies of ODDO BHF Asset Management). He is an expert in quantitative strategies and behavioural finance. He studied business administration with a focus on capital market theory at the University of Essen.

As of 07.10.2026

Fund Objective

ODDO BHF US Equity Active UCITS ETF (OBUS) offers investors a systematic and cost-effective way to access the US equity market. Leveraging a proprietary quantitative model built on over 20 years of experience and managed by the original strategy founders, the fund applies a smart momentum-based approach to identify and capitalise on stable market trends, according to the managers. Focused on the S&P 500 constituents, it integrates ODDO BHF AM’s proven expertise within a transparent, rule-based process that emphasises risk management and long-term outperformance.

The fund integrates ESG criteria and is aligned with Article 8 SFDR, making it suitable for sustainability-conscious investors. The Active US Equity ETF is actively managed by the expert team at ODDO BHF AM.

Key Information

Inception Date04/11/2025
Base CurrencyUSD
Net Assets of Fund$125,196,131
TER35 bps
Investment StyleActive
DomicileIreland
SFDR ClassificationArticle 8
ISINIE000YR7N5U8

Key Risks

When you invest in ETFs, your capital is fully at risk and may not get back the amount originally invested. Exchange rates can have a positive or negative effect on returns. The value of equities and equity-related securities can be affected by daily stock and currency market movements. For a complete overview of all the risks, please refer to the ”Risk Factors” in the Prospectus.

Fund Information

TickerOBUS
Asset ClassEquities
Income TreatmentAccumulating
Investment StyleActive

Net Asset Values

NAV$11.64
Net assets of Fund$125,196,131
Shares Outstanding10,760,000
Issuer AUM$5,671,822,525

Fund Structure

UCITS CompliantYes
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes

Key service providers

CustodianJ.P. Morgan SE - Dublin Branch
Portfolio ManagerODDO BHF AM SAS
IssuerHANetf ICAV

Registrations

austria Flag Austria
france Flag France
germany Flag Germany
ireland Flag Ireland
italy Flag Italy
switzerland Flag Switzerland
uk Flag United Kingdom

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
SIXOBUS SEOBUS.SBVY9DT9₣2025-12-10
XetraODUT GYODUT.DEBQB2PY5$2025-11-25
Euronext ParisOBUS FPOBUS.PABVN2BS4€2025-11-05
XetraODUS GYODUS.DEBLDCL95€2025-11-05
Exchange SIX
Ticker OBUS SE
RIC OBUS.S
SEDOL BVY9DT9
CCY ₣
Listing Date 2025-12-10
Exchange Xetra
Ticker ODUT GY
RIC ODUT.DE
SEDOL BQB2PY5
CCY $
Listing Date 2025-11-25
Exchange Euronext Paris
Ticker OBUS FP
RIC OBUS.PA
SEDOL BVN2BS4
CCY €
Listing Date 2025-11-05
Exchange Xetra
Ticker ODUS GY
RIC ODUS.DE
SEDOL BLDCL95
CCY €
Listing Date 2025-11-05

Performance

There is currently insufficient data to display the performance history.

Holdings As of 07.10.2026

No. of holdings: 107

NameWeight
NVIDIA CORP COMMON STOCK8.67%
APPLE INC COMMON STOCK6.73%
MICROSOFT CORP COMMON4.89%
ALPHABET INC-CL A -3.30%
AMAZON.COM INC COMMON3.17%
MICRON TECHNOLOGY INC2.65%
BROADCOM INC COMMON STOCK2.48%
ALPHABET INC-CL C -2.48%
JPMORGAN CHASE & CO2.30%
BANK OF NEW YORK MELLON2.26%

SectorWeight
Technology39.82%
Financials10.86%
Communications9.35%
Health Care8.66%
Industrials8.62%
Consumer Discretionary8.45%
Energy5.49%
Consumer Staples3.68%
Real Estate3.06%
Materials1.05%
Utilities0.87%
Other0.08%

Fund documents

Knowledge hub

Explore our expert-written monthly fund reports, periodic reviews, and key insights.

Press Coverage

About Partner

With 63bn assets under management as of December 31, 2024, and four investment centres based in Paris, Düsseldorf, Frankfurt, and Luxembourg, ODDO BHF AM is a leading asset manager in Europe and part of the Franco-German financial group ODDO BHF that was founded in 1849. It comprises ODDO BHF AM GmbH in Germany, ODDO BHF AM SAS in France, and ODDO BHF AM Lux in Luxembourg.

ODDO BHF AM offers investment solutions in equities, fixed income, asset allocation, private equity and private debt to institutional clients and distribution partners. ODDO BHF AM’s investment style is characterised by an active and long-term investment approach with the aim to create long-term and sustainable value for its customers.

www.am.oddo-bhf.com

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