ODTE vs. OMAH
ODTE (VegaShares SPX NDX RTY Premium Income ETF) and OMAH (VistaShares Target 15™ Berkshire Select Income ETF) are both Derivative Income funds. Both are actively managed. Their 0.02 correlation means their historical movements had little consistent relationship. ODTE charges 0.76%/yr vs 0.95%/yr for OMAH.
Performance
ODTE vs. OMAH - Performance Comparison
Loading charts...
Returns By Period
ODTE
- 1D
- 0.36%
- 1M
- -2.35%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
OMAH
- 1D
- -0.48%
- 1M
- 0.88%
- 6M
- 10.58%
- YTD
- 9.54%
- 1Y
- 15.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $150.19K | $175.13K | $172.74K | |
| $19.26M | $17.24M | $16.29M |
ODTE vs. OMAH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ODTE VegaShares SPX NDX RTY Premium Income ETF | 8.63% |
OMAH VistaShares Target 15™ Berkshire Select Income ETF | 10.00% |
Correlation
The correlation between ODTE and OMAH is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026 | 0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ODTE vs. OMAH — Risk / Return Rank
ODTE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
OMAH
ODTE vs. OMAH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VegaShares SPX NDX RTY Premium Income ETF (ODTE) and VistaShares Target 15™ Berkshire Select Income ETF (OMAH). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ODTE | OMAH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.03 | — |
| Martin ratioReturn relative to average drawdown | — | 12.06 | — |
Loading charts...
Drawdowns
ODTE vs. OMAH - Drawdown Comparison
The maximum ODTE drawdown since its inception was -7.04%, smaller than the maximum OMAH drawdown of -11.83%. Use the drawdown chart below to compare losses from any high point for ODTE and OMAH.
Loading charts...
Drawdown Indicators
| ODTE | OMAH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.04% | -11.83% | +4.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.95% | — |
Current DrawdownCurrent decline from peak | -5.25% | -1.05% | -4.20% |
Average DrawdownAverage peak-to-trough decline | -1.77% | -1.23% | -0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.23% | — |
Volatility
ODTE vs. OMAH - Volatility Comparison
Loading charts...
Volatility by Period
| ODTE | OMAH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.15% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.09% | 8.40% | +6.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.09% | 12.84% | +2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.09% | 12.84% | +2.25% |
ODTE vs. OMAH - Expense Ratio Comparison
ODTE has a 0.76% expense ratio, which is lower than OMAH's 0.95% expense ratio.
Dividends
ODTE vs. OMAH - Dividend Comparison
ODTE's dividend yield for the trailing twelve months is around 4.54%, less than OMAH's 15.01% yield.
| Position | TTM | 2025 |
|---|---|---|
ODTE VegaShares SPX NDX RTY Premium Income ETF | 4.54% | 0.00% |
OMAH VistaShares Target 15™ Berkshire Select Income ETF | 15.01% | 12.86% |
Frequently Asked Questions
ODTE and OMAH have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ODTE is cheaper at 0.76% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ODTE is cheaper with a 0.76% expense ratio, compared with 0.95% for OMAH.
OMAH has the higher dividend yield at 15.01%, compared with 4.54% for ODTE.
They also come from different issuers: VegaShares and VistaShares. Their fees differ too: 0.76% for ODTE and 0.95% for OMAH.
Find the right allocation for ODTE and OMAH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer