OEI vs. STRN

Last updated Jul 10, 2026

OEI (Optimized Equity Income ETF) and STRN (SMART Trend ETF) are both Actively Managed funds. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. OEI charges 0.75%/yr vs 0.59%/yr for STRN.

Performance

OEI vs. STRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Optimized Equity Income ETF (OEI) and SMART Trend ETF (STRN). 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 STRN's 26.14% return.

OEI

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

STRN

• 1D: 2.27%
• 1M: 3.03%
• 6M: 21.56%
• YTD: 26.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OEI vs. STRN - Yearly Performance Comparison

	2026 (YTD)	2025
OEI Optimized Equity Income ETF	5.77%	3.68%
STRN SMART Trend ETF	26.14%	0.07%

Correlation

The correlation between OEI and STRN is 0.73, 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	0.73

Return for Risk

OEI vs. STRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Optimized Equity Income ETF (OEI) and SMART Trend ETF (STRN). 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. STRN - Drawdown Comparison

The maximum OEI drawdown since its inception was -6.49%, smaller than the maximum STRN drawdown of -15.43%. Use the drawdown chart below to compare losses from any high point for OEI and STRN.

Drawdown Indicators

	OEI	STRN	Difference
Max Drawdown Largest peak-to-trough decline	-6.49%	-15.43%	+8.94%
Current Drawdown Current decline from peak	-0.16%	-3.67%	+3.51%
Average Drawdown Average peak-to-trough decline	-1.05%	-2.92%	+1.87%

Volatility

Volatility by Period

	OEI	STRN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.81%	26.65%	-16.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.81%	26.65%	-16.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.81%	26.65%	-16.84%

OEI vs. STRN - Expense Ratio Comparison

OEI has a 0.75% expense ratio, which is higher than STRN's 0.59% expense ratio.

Dividends

OEI vs. STRN - Dividend Comparison

OEI's dividend yield for the trailing twelve months is around 5.94%, more than STRN's 0.15% yield.

Position	TTM	2025
OEI Optimized Equity Income ETF	5.94%	1.35%
STRN SMART Trend ETF	0.15%	0.18%

Frequently Asked Questions

Can I hold both OEI and STRN in my portfolio?

OEI and STRN have a correlation of 0.73, 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 STRN?

On fees, STRN is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OEI or STRN?

STRN is cheaper with a 0.59% expense ratio, compared with 0.75% for OEI.

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

OEI has the higher dividend yield at 5.94%, compared with 0.15% for STRN.

What is the main difference between OEI and STRN?

They also come from different issuers: Optimize and SmartWay. Their fees differ too: 0.75% for OEI and 0.59% for STRN.