KDVD vs. OPTZ

Last updated Jun 4, 2026

KDVD (Keeley Dividend ETF) and OPTZ (Optimize Strategy Index ETF) are both Mid Cap Blend Equities funds. KDVD is actively managed, while OPTZ is passively managed. A 0.70 correlation means they provide meaningful diversification when combined. KDVD charges 0.00%/yr vs 0.25%/yr for OPTZ.

Performance

KDVD vs. OPTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Keeley Dividend ETF (KDVD) and Optimize Strategy Index ETF (OPTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KDVD achieves a 10.24% return, which is significantly lower than OPTZ's 31.51% return.

KDVD

• 1D: -0.41%
• 1M: 1.08%
• YTD: 10.24%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OPTZ

• 1D: 0.36%
• 1M: 12.33%
• YTD: 31.51%
• 6M: 32.28%
• 1Y: 61.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KDVD vs. OPTZ - Yearly Performance Comparison

	2026 (YTD)	2025
KDVD Keeley Dividend ETF	10.24%	-0.26%
OPTZ Optimize Strategy Index ETF	31.51%	-0.03%

Correlation

The correlation between KDVD and OPTZ is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 9, 2025	0.70

Return for Risk

KDVD vs. OPTZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OPTZ

OPTZ Risk / Return Rank: 92
OPTZ Sharpe Ratio Rank: 93
OPTZ Sortino Ratio Rank: 92
OPTZ Omega Ratio Rank: 89
OPTZ Calmar Ratio Rank: 91
OPTZ Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KDVD vs. OPTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Keeley Dividend ETF (KDVD) and Optimize Strategy Index ETF (OPTZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KDVD	OPTZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	1.71	-0.27

Drawdowns

KDVD vs. OPTZ - Drawdown Comparison

The maximum KDVD drawdown since its inception was -10.98%, smaller than the maximum OPTZ drawdown of -25.75%. Use the drawdown chart below to compare losses from any high point for KDVD and OPTZ.

Drawdown Indicators

	KDVD	OPTZ	Difference
Max Drawdown Largest peak-to-trough decline	-10.98%	-25.75%	+14.77%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.63%	—
Current Drawdown Current decline from peak	-2.57%	0.00%	-2.57%
Average Drawdown Average peak-to-trough decline	-2.97%	-3.39%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.33%	—

Volatility

Volatility by Period

	KDVD	OPTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.20%	18.09%	-2.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.20%	20.66%	-5.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.20%	20.66%	-5.46%

KDVD vs. OPTZ - Expense Ratio Comparison

KDVD has a 0.00% expense ratio, which is lower than OPTZ's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

KDVD vs. OPTZ - Dividend Comparison

KDVD's dividend yield for the trailing twelve months is around 0.71%, more than OPTZ's 0.44% yield.

Position	TTM	2025	2024
KDVD Keeley Dividend ETF	0.71%	0.20%	0.00%
OPTZ Optimize Strategy Index ETF	0.44%	0.58%	0.32%

Frequently Asked Questions

Can I hold both KDVD and OPTZ in my portfolio?

KDVD and OPTZ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KDVD or OPTZ?

On fees, KDVD is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KDVD or OPTZ?

KDVD is cheaper with a 0.00% expense ratio, compared with 0.25% for OPTZ.

Which ETF pays a higher dividend yield, KDVD or OPTZ?

KDVD has the higher dividend yield at 0.71%, compared with 0.44% for OPTZ.

What is the main difference between KDVD and OPTZ?

They also come from different issuers: Gabelli and Optimize. Their fees differ too: 0.00% for KDVD and 0.25% for OPTZ.