Optimize Strategy Index ETF (OPTZ) belongs to the Mid Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OPTZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OPTZ
OPTZ charges 0.25% annually. There are 24 ETFs in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | 18.14B | Nov 2005 | OPTZ vs SPMD | |
| Vanguard Mid-Cap ETF | 0.03% | 218.80B | Jan 2004 | OPTZ vs VO | |
| Schwab US Mid-Cap ETF | 0.04% | 14.91B | Jan 2011 | OPTZ vs SCHM | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.64B | Jun 2004 | OPTZ vs IMCB | |
| Vanguard Extended Market ETF | 0.05% | 93.70B | Dec 2001 | OPTZ vs VXF |
Best Risk-Adjusted Alternatives to OPTZ
OPTZ has a PortfoliosLab risk / return rank of 89. There are 2 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 93 | — | Jun 2025 | OPTZ vs CTEF | |
| Invesco S&P Spin-Off ETF | 89 | 226.12M | Dec 2006 | OPTZ vs CSD | |
| Counterpoint Quantitative Equity ETF | 87 | 366.29M | Nov 2023 | OPTZ vs CPAI | |
| iShares MSCI Peru ETF | 83 | 536.81M | Jun 2009 | OPTZ vs EPU | |
| Inspire Fidelis Multi Factor ETF | 81 | 230.96M | Aug 2022 | OPTZ vs FDLS |
Top Performing OPTZ Alternatives (YTD)
OPTZ is at 29.14% YTD. There are 2 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 37.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Spin-Off ETF | 37.32% | 226.12M | Dec 2006 | OPTZ vs CSD | |
| Castellan Targeted Equity ETF | 34.60% | — | Jun 2025 | OPTZ vs CTEF | |
| Counterpoint Quantitative Equity ETF | 27.31% | 366.29M | Nov 2023 | OPTZ vs CPAI | |
| Vanguard U.S. Momentum Factor ETF | 21.55% | 1.70B | Feb 2018 | OPTZ vs VFMO | |
| Amplify Etho Climate Leadership U.S. ETF | 20.96% | 183.76M | Nov 2015 | OPTZ vs ETHO |
Lowest Volatility Alternatives to OPTZ
OPTZ has 20.97% 1-year volatility. There are 76 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 8.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | 8.76% | 426.50M | Feb 2018 | OPTZ vs VFMV | |
| Invesco Bloomberg MVP Multi-factor ETF | 9.74% | 101.68M | May 2003 | OPTZ vs BMVP | |
| Invesco Dynamic Market ETF | 9.74% | 95.10M | May 2003 | OPTZ vs PWC | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 10.25% | 185.97M | May 2020 | OPTZ vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.02% | 34.97M | Dec 2024 | OPTZ vs QIDX |
Lowest Drawdown Alternatives to OPTZ
OPTZ has a 1-year max drawdown of -10.63%. There are 59 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | -6.00% | 426.50M | Feb 2018 | OPTZ vs VFMV | |
| RiverNorth Patriot ETF | -6.25% | 3.97M | Feb 2022 | OPTZ vs FLDZ | |
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | OPTZ vs SRHQ | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 101.68M | May 2003 | OPTZ vs BMVP | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | OPTZ vs PWC |
Other ETFs from Optimize
The 1 most viewed Optimize ETFs shown here include OEI and span 3 categories. AUM among these funds goes as high as $38M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Optimized Equity Income ETF | Actively Managed, Dividend, Large Cap Blend Equities | — | 5.21% | 38.32M | Oct 2025 | OPTZ vs OEI |
Often Compared With OPTZ
Investors most often compare OPTZ with FTDS, PJFM, IJH. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare OPTZ with Any Fund or Stock
Compare OPTZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OPTZ with funds that move differently
Optimize Strategy Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OPTZ.
Explore OPTZ Diversifiers