OPTZ vs. SRHQ

Last updated Jun 5, 2026

OPTZ (Optimize Strategy Index ETF) and SRHQ (SRH U.S. Quality ETF) are both Mid Cap Blend Equities funds - OPTZ tracks the Optimize Strategy Index while SRHQ tracks the SRH US Quality Index - Benchmark TR Gross. Both are passively managed. Over the past year, OPTZ returned 61.03% vs 23.59% for SRHQ. Their correlation of 0.80 suggests significant overlap in exposure. OPTZ charges 0.25%/yr vs 0.35%/yr for SRHQ.

Performance

OPTZ vs. SRHQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Optimize Strategy Index ETF (OPTZ) and SRH U.S. Quality ETF (SRHQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OPTZ achieves a 31.19% return, which is significantly higher than SRHQ's 12.99% return.

OPTZ

• 1D: -0.24%
• 1M: 10.07%
• YTD: 31.19%
• 6M: 31.66%
• 1Y: 61.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SRHQ

• 1D: 1.13%
• 1M: 2.01%
• YTD: 12.99%
• 6M: 14.13%
• 1Y: 23.59%
• 3Y*: 17.84%
• 5Y*: —
• 10Y*: —

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

OPTZ vs. SRHQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OPTZ Optimize Strategy Index ETF	31.19%	22.83%	16.81%
SRHQ SRH U.S. Quality ETF	12.99%	7.34%	11.52%

Correlation

The correlation between OPTZ and SRHQ is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (All Time) Calculated using the full available price history since Apr 24, 2024	0.80

The correlation between OPTZ and SRHQ has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

OPTZ vs. SRHQ - Sectors Allocation Comparison

Sectors	OPTZ	SRHQ
Technology	50.6%	22.1%
Healthcare	10.5%	20.4%
Consumer Cyclical	9.5%	12.7%
Financial Services	9.1%	9.1%
Industrials	8.9%	22.5%
Consumer Defensive	4.0%	5.7%
Communication Services	2.6%	2.5%
Energy	1.5%	1.2%
Real Estate	1.5%	1.3%
Basic Materials	1.3%	1.3%
Utilities	0.7%	1.3%

Return for Risk

OPTZ vs. SRHQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OPTZ

OPTZ Risk / Return Rank: 92
OPTZ Sharpe Ratio Rank: 93
OPTZ Sortino Ratio Rank: 92
OPTZ Omega Ratio Rank: 90
OPTZ Calmar Ratio Rank: 91
OPTZ Martin Ratio Rank: 94

SRHQ

SRHQ Risk / Return Rank: 57
SRHQ Sharpe Ratio Rank: 47
SRHQ Sortino Ratio Rank: 48
SRHQ Omega Ratio Rank: 45
SRHQ Calmar Ratio Rank: 75
SRHQ Martin Ratio Rank: 70

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.

OPTZ vs. SRHQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Optimize Strategy Index ETF (OPTZ) and SRH U.S. Quality ETF (SRHQ). 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.

	OPTZ	SRHQ	Difference
Sharpe ratio: Return per unit of total volatility	3.40	1.61	+1.79
Sortino ratio: Return per unit of downside risk	4.47	2.32	+2.15
Omega ratio: Gain probability vs. loss probability	1.57	1.28	+0.29
Calmar ratio: Return relative to maximum drawdown	5.77	3.76	+2.01
Martin ratio: Return relative to average drawdown	26.24	12.86	+13.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OPTZ vs. SRHQ - Sharpe Ratio Comparison

The current OPTZ Sharpe Ratio is 3.40, which is higher than the SRHQ Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of OPTZ and SRHQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OPTZ	SRHQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.40	1.61	+1.79
Sharpe Ratio (All Time) Calculated using the full available price history	1.70	1.09	+0.62

Drawdowns

OPTZ vs. SRHQ - Drawdown Comparison

The maximum OPTZ drawdown since its inception was -25.75%, which is greater than SRHQ's maximum drawdown of -18.50%. Use the drawdown chart below to compare losses from any high point for OPTZ and SRHQ.

Drawdown Indicators

	OPTZ	SRHQ	Difference
Max Drawdown Largest peak-to-trough decline	-25.75%	-18.50%	-7.25%
Max Drawdown (1Y) Largest decline over 1 year	-10.63%	-6.31%	-4.32%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.50%	—
Current Drawdown Current decline from peak	-0.24%	-0.61%	+0.37%
Average Drawdown Average peak-to-trough decline	-3.38%	-3.08%	-0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	1.84%	+0.49%

Volatility

OPTZ vs. SRHQ - Volatility Comparison

Optimize Strategy Index ETF (OPTZ) has a higher volatility of 5.99% compared to SRH U.S. Quality ETF (SRHQ) at 3.53%. This indicates that OPTZ's price experiences larger fluctuations and is considered to be riskier than SRHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OPTZ	SRHQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.99%	3.53%	+2.46%
Volatility (6M) Calculated over the trailing 6-month period	13.52%	10.76%	+2.76%
Volatility (1Y) Calculated over the trailing 1-year period	18.05%	14.73%	+3.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.64%	16.03%	+4.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.64%	16.03%	+4.61%

OPTZ vs. SRHQ - Expense Ratio Comparison

OPTZ has a 0.25% expense ratio, which is lower than SRHQ's 0.35% expense ratio.

Dividends

OPTZ vs. SRHQ - Dividend Comparison

OPTZ's dividend yield for the trailing twelve months is around 0.44%, less than SRHQ's 0.70% yield.

Position	TTM	2025	2024	2023	2022
OPTZ Optimize Strategy Index ETF	0.44%	0.58%	0.32%	0.00%	0.00%
SRHQ SRH U.S. Quality ETF	0.70%	0.76%	0.66%	0.84%	0.27%

Frequently Asked Questions

Can I hold both OPTZ and SRHQ in my portfolio?

OPTZ and SRHQ have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OPTZ or SRHQ?

OPTZ has higher volatility (5.99%) compared to SRHQ (3.53%). In terms of maximum drawdown, OPTZ dropped -25.75% vs SRHQ's -18.50%.

Which ETF is better, OPTZ or SRHQ?

On 1-year performance, OPTZ leads with 61.03% vs 23.59% for SRHQ. On fees, OPTZ is cheaper at 0.25% per year. On volatility, SRHQ has been the lower-risk option at 3.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OPTZ or SRHQ?

Over the 1-year period, OPTZ has performed better with a 61.03% return vs 23.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OPTZ or SRHQ?

OPTZ is cheaper with a 0.25% expense ratio, compared with 0.35% for SRHQ.

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

SRHQ has the higher dividend yield at 0.70%, compared with 0.44% for OPTZ.

What is the main difference between OPTZ and SRHQ?

OPTZ tracks Optimize Strategy Index, while SRHQ tracks SRH US Quality Index - Benchmark TR Gross. They also come from different issuers: Optimize and SRH. Their fees differ too: 0.25% for OPTZ and 0.35% for SRHQ.

Which has better risk-adjusted returns?

OPTZ currently has the higher Sharpe Ratio (3.40 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.