OEI vs. SPCT

Last updated Jul 30, 2026

OEI (Optimized Equity Income ETF) and SPCT (Liberty One Spectrum ETF) are both exchange-traded funds - OEI is a Actively Managed fund actively managed by Optimize, while SPCT is a Large Cap Blend Equities fund actively managed by Liberty One. Both are actively managed. Their 0.48 correlation means their historical movements had little consistent relationship. OEI charges 0.75%/yr vs 0.85%/yr for SPCT.

Performance

OEI vs. SPCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Optimized Equity Income ETF (OEI) and Liberty One Spectrum ETF (SPCT). 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 SPCT's 10.66% return.

OEI

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

SPCT

• 1D: -1.13%
• 1M: 3.08%
• 6M: 7.59%
• YTD: 10.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
OEI Optimized Equity Income ETF	$91.19K	$147.99K	$155.22K
SPCT Liberty One Spectrum ETF	$179.55K	$194.87K	$318.85K

OEI vs. SPCT - Yearly Performance Comparison

	2026 (YTD)	2025
OEI Optimized Equity Income ETF	4.15%	3.68%
SPCT Liberty One Spectrum ETF	10.66%	0.30%

Correlation

The correlation between OEI and SPCT is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 22, 2025	0.48

Return for Risk

OEI vs. SPCT - Risk-Adjusted Trends Comparison

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

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

Drawdowns

OEI vs. SPCT - Drawdown Comparison

The maximum OEI drawdown since its inception was -6.49%, smaller than the maximum SPCT drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for OEI and SPCT.

Drawdown Indicators

	OEI	SPCT	Difference
Max Drawdown Largest peak-to-trough decline	-6.49%	-7.17%	+0.68%
Current Drawdown Current decline from peak	-1.70%	-1.13%	-0.57%
Average Drawdown Average peak-to-trough decline	-1.02%	-1.44%	+0.42%

Volatility

Volatility by Period

	OEI	SPCT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.74%	9.39%	+0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.74%	9.39%	+0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.74%	9.39%	+0.35%

OEI vs. SPCT - Expense Ratio Comparison

OEI has a 0.75% expense ratio, which is lower than SPCT's 0.85% expense ratio.

Dividends

OEI vs. SPCT - Dividend Comparison

OEI's dividend yield for the trailing twelve months is around 6.87%, more than SPCT's 0.77% yield.

Position	TTM	2025
OEI Optimized Equity Income ETF	6.87%	1.35%
SPCT Liberty One Spectrum ETF	0.77%	0.16%

Frequently Asked Questions

Can I hold both OEI and SPCT in my portfolio?

OEI and SPCT have a correlation of 0.48, 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 SPCT?

On fees, OEI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OEI or SPCT?

OEI is cheaper with a 0.75% expense ratio, compared with 0.85% for SPCT.

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

OEI has the higher dividend yield at 6.87%, compared with 0.77% for SPCT.

What is the main difference between OEI and SPCT?

OEI is categorized as Actively Managed, while SPCT is Large Cap Blend Equities. They also come from different issuers: Optimize and Liberty One. Their fees differ too: 0.75% for OEI and 0.85% for SPCT.