OEI vs. BLUC

Last updated Jul 30, 2026

OEI (Optimized Equity Income ETF) and BLUC (Bluemonte Large Cap Core ETF) are both exchange-traded funds - OEI is a Actively Managed fund actively managed by Optimize, while BLUC is a Large Cap Blend Equities fund actively managed by Bluemonte. Both are actively managed. Their correlation of 0.90 means they have usually moved in the same direction. OEI charges 0.75%/yr vs 0.23%/yr for BLUC.

Performance

OEI vs. BLUC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Optimized Equity Income ETF (OEI) and Bluemonte Large Cap Core ETF (BLUC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OEI achieves a 4.15% return, which is significantly lower than BLUC's 5.52% return.

OEI

• 1D: -1.35%
• 1M: -0.53%
• 6M: 2.54%
• YTD: 4.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BLUC

• 1D: -1.50%
• 1M: -2.14%
• 6M: 3.99%
• YTD: 5.52%
• 1Y: 13.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.98%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BLUC Bluemonte Large Cap Core ETF	$778.12K	$824.08K	$1.12M
OEI Optimized Equity Income ETF	$91.19K	$147.99K	$155.22K

OEI vs. BLUC - Yearly Performance Comparison

	2026 (YTD)	2025
OEI Optimized Equity Income ETF	4.15%	3.68%
BLUC Bluemonte Large Cap Core ETF	5.52%	1.54%

Correlation

The correlation between OEI and BLUC is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 22, 2025	0.90

Return for Risk

OEI vs. BLUC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OEI

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

BLUC

BLUC Risk / Return Rank: 41
BLUC Sharpe Ratio Rank: 41
BLUC Sortino Ratio Rank: 40
BLUC Omega Ratio Rank: 39
BLUC Calmar Ratio Rank: 38
BLUC Martin Ratio Rank: 45

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OEI vs. BLUC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Optimized Equity Income ETF (OEI) and Bluemonte Large Cap Core ETF (BLUC). 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.

	OEI	BLUC	Difference
Sharpe ratio: Return per unit of total volatility	—	0.98	—
Sortino ratio: Return per unit of downside risk	—	1.41	—
Omega ratio: Gain probability vs. loss probability	—	1.18	—
Calmar ratio: Return relative to maximum drawdown	—	1.28	—
Martin ratio: Return relative to average drawdown	—	4.84	—

Drawdowns

OEI vs. BLUC - Drawdown Comparison

The maximum OEI drawdown since its inception was -6.49%, smaller than the maximum BLUC drawdown of -10.69%. Use the drawdown chart below to compare losses from any high point for OEI and BLUC.

Drawdown Indicators

	OEI	BLUC	Difference
Max Drawdown Largest peak-to-trough decline	-6.49%	-10.69%	+4.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.69%	—
Current Drawdown Current decline from peak	-1.70%	-5.66%	+3.96%
Average Drawdown Average peak-to-trough decline	-1.02%	-1.76%	+0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.81%	—

Volatility

Volatility by Period

	OEI	BLUC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.74%	13.94%	-4.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.74%	13.48%	-3.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.74%	13.48%	-3.74%

OEI vs. BLUC - Expense Ratio Comparison

OEI has a 0.75% expense ratio, which is higher than BLUC's 0.23% expense ratio.

Dividends

OEI vs. BLUC - Dividend Comparison

OEI's dividend yield for the trailing twelve months is around 6.87%, more than BLUC's 0.65% yield.

Position	TTM	2025
BLUC Bluemonte Large Cap Core ETF	0.65%	0.46%
OEI Optimized Equity Income ETF	6.87%	1.35%

Frequently Asked Questions

Can I hold both OEI and BLUC in my portfolio?

OEI and BLUC have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OEI or BLUC?

On fees, BLUC is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OEI or BLUC?

BLUC is cheaper with a 0.23% expense ratio, compared with 0.75% for OEI.

Which ETF pays a higher dividend yield, OEI or BLUC?

OEI has the higher dividend yield at 6.87%, compared with 0.65% for BLUC.

What is the main difference between OEI and BLUC?

OEI is categorized as Actively Managed, while BLUC is Large Cap Blend Equities. They also come from different issuers: Optimize and Bluemonte. Their fees differ too: 0.75% for OEI and 0.23% for BLUC.