OEI vs. OPTZ

Last updated Jul 10, 2026

OEI (Optimized Equity Income ETF) and OPTZ (Optimize Strategy Index ETF) are both exchange-traded funds - OEI is a Actively Managed fund actively managed by Optimize, while OPTZ is a Mid Cap Blend Equities fund tracking the Optimize Strategy Index. OEI is actively managed, while OPTZ is passively managed. A 0.68 correlation means they provide meaningful diversification when combined. OEI charges 0.75%/yr vs 0.25%/yr for OPTZ.

Performance

OEI vs. OPTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Optimized Equity Income ETF (OEI) 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, OEI achieves a 5.77% return, which is significantly lower than OPTZ's 31.60% return.

OEI

• 1D: 0.22%
• 1M: 2.23%
• 6M: 5.07%
• YTD: 5.77%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OPTZ

• 1D: 2.07%
• 1M: 4.45%
• 6M: 27.96%
• YTD: 31.60%
• 1Y: 51.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OEI vs. OPTZ - Yearly Performance Comparison

	2026 (YTD)	2025
OEI Optimized Equity Income ETF	5.77%	3.68%
OPTZ Optimize Strategy Index ETF	31.60%	2.41%

Correlation

The correlation between OEI and OPTZ is 0.68, 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 Oct 22, 2025	0.68

Return for Risk

OEI vs. OPTZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

OPTZ

OPTZ Risk / Return Rank: 90
OPTZ Sharpe Ratio Rank: 91
OPTZ Sortino Ratio Rank: 88
OPTZ Omega Ratio Rank: 87
OPTZ Calmar Ratio Rank: 92
OPTZ Martin Ratio Rank: 93

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.

OEI vs. OPTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Optimized Equity Income ETF (OEI) 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.

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	OPTZ	Difference
Sharpe ratio: Return per unit of total volatility	—	2.48	—
Sortino ratio: Return per unit of downside risk	—	3.20	—
Omega ratio: Gain probability vs. loss probability	—	1.42	—
Calmar ratio: Return relative to maximum drawdown	—	4.87	—
Martin ratio: Return relative to average drawdown	—	19.95	—

Drawdowns

OEI vs. OPTZ - Drawdown Comparison

The maximum OEI drawdown since its inception was -6.49%, smaller than the maximum OPTZ drawdown of -25.75%. Use the drawdown chart below to compare losses from any high point for OEI and OPTZ.

Drawdown Indicators

	OEI	OPTZ	Difference
Max Drawdown Largest peak-to-trough decline	-6.49%	-25.75%	+19.26%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.63%	—
Current Drawdown Current decline from peak	-0.16%	-4.68%	+4.52%
Average Drawdown Average peak-to-trough decline	-1.05%	-3.37%	+2.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.59%	—

Volatility

Volatility by Period

	OEI	OPTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.81%	20.86%	-11.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.81%	21.64%	-11.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.81%	21.64%	-11.83%

OEI vs. OPTZ - Expense Ratio Comparison

OEI has a 0.75% expense ratio, which is higher than OPTZ's 0.25% expense ratio.

Dividends

OEI vs. OPTZ - Dividend Comparison

OEI's dividend yield for the trailing twelve months is around 5.94%, more than OPTZ's 0.44% yield.

Position	TTM	2025	2024
OEI Optimized Equity Income ETF	5.94%	1.35%	0.00%
OPTZ Optimize Strategy Index ETF	0.44%	0.58%	0.32%

Frequently Asked Questions

Can I hold both OEI and OPTZ in my portfolio?

OEI and OPTZ have a correlation of 0.68, 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 OPTZ?

On fees, OPTZ is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OEI or OPTZ?

OPTZ is cheaper with a 0.25% expense ratio, compared with 0.75% for OEI.

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

OEI has the higher dividend yield at 5.94%, compared with 0.44% for OPTZ.

What is the main difference between OEI and OPTZ?

OEI is categorized as Actively Managed, while OPTZ is Mid Cap Blend Equities. Their fees differ too: 0.75% for OEI and 0.25% for OPTZ.