ODTE vs. VAIE

Last updated Jun 9, 2026

ODTE (VegaShares SPX NDX RTY Premium Income ETF) and VAIE (VegaShares US Equity Autocallable Income ETF) are both Derivative Income funds from VegaShares. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined.

Performance

ODTE vs. VAIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VegaShares SPX NDX RTY Premium Income ETF (ODTE) and VegaShares US Equity Autocallable Income ETF (VAIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ODTE

• 1D: 0.83%
• 1M: -0.24%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VAIE

• 1D: -0.19%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ODTE vs. VAIE - Yearly Performance Comparison

	2026 (YTD)
ODTE VegaShares SPX NDX RTY Premium Income ETF	0.19%
VAIE VegaShares US Equity Autocallable Income ETF	-0.93%

Correlation

The correlation between ODTE and VAIE 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 May 13, 2026	0.70

Return for Risk

ODTE vs. VAIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VegaShares SPX NDX RTY Premium Income ETF (ODTE) and VegaShares US Equity Autocallable Income ETF (VAIE). 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

	ODTE	VAIE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.90	-0.94	+5.84

Drawdowns

ODTE vs. VAIE - Drawdown Comparison

The maximum ODTE drawdown since its inception was -3.86%, which is greater than VAIE's maximum drawdown of -3.46%. Use the drawdown chart below to compare losses from any high point for ODTE and VAIE.

Drawdown Indicators

	ODTE	VAIE	Difference
Max Drawdown Largest peak-to-trough decline	-3.86%	-3.46%	-0.40%
Current Drawdown Current decline from peak	-3.06%	-3.46%	+0.40%
Average Drawdown Average peak-to-trough decline	-0.53%	-0.75%	+0.22%

Volatility

Volatility by Period

	ODTE	VAIE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.57%	13.52%	+1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.57%	13.52%	+1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.57%	13.52%	+1.05%

Dividends

ODTE vs. VAIE - Dividend Comparison

ODTE's dividend yield for the trailing twelve months is around 2.17%, more than VAIE's 0.96% yield.

Position	TTM
ODTE VegaShares SPX NDX RTY Premium Income ETF	2.17%
VAIE VegaShares US Equity Autocallable Income ETF	0.96%

Frequently Asked Questions

Can I hold both ODTE and VAIE in my portfolio?

ODTE and VAIE 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 pays a higher dividend yield, ODTE or VAIE?

ODTE has the higher dividend yield at 2.17%, compared with 0.96% for VAIE.