RUNN vs. OPTZ

Last updated Jun 4, 2026

RUNN (Running Oak Efficient Growth ETF) and OPTZ (Optimize Strategy Index ETF) are both Mid Cap Blend Equities funds. RUNN is actively managed, while OPTZ is passively managed. Over the past year, RUNN returned -1.91% vs 61.30% for OPTZ. A 0.72 correlation means they provide meaningful diversification when combined. RUNN charges 0.58%/yr vs 0.25%/yr for OPTZ.

Performance

RUNN vs. OPTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Running Oak Efficient Growth ETF (RUNN) 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, RUNN achieves a -3.00% return, which is significantly lower than OPTZ's 31.51% return.

RUNN

• 1D: -0.89%
• 1M: -1.22%
• YTD: -3.00%
• 6M: -3.15%
• 1Y: -1.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OPTZ

• 1D: 0.36%
• 1M: 12.33%
• YTD: 31.51%
• 6M: 32.28%
• 1Y: 61.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RUNN vs. OPTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RUNN Running Oak Efficient Growth ETF	-3.00%	2.30%	10.50%
OPTZ Optimize Strategy Index ETF	31.51%	22.83%	16.81%

Correlation

The correlation between RUNN and OPTZ is 0.63, 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	0.63
Correlation (All Time) Calculated using the full available price history since Apr 24, 2024	0.72

The correlation between RUNN and OPTZ has been stable across timeframes, ranging from 0.63 to 0.72 - a consistent structural relationship.

RUNN vs. OPTZ - Sectors Allocation Comparison

Sectors	RUNN	OPTZ
Industrials	39.4%	8.9%
Technology	17.8%	50.6%
Healthcare	13.3%	10.5%
Financial Services	12.8%	9.1%
Consumer Cyclical	8.3%	9.5%
Communication Services	2.1%	2.6%
Basic Materials	2.0%	1.3%
Consumer Defensive	-	4.0%
Energy	-	1.5%
Real Estate	-	1.5%
Utilities	-	0.7%

Return for Risk

RUNN vs. OPTZ — Risk / Return Rank

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

RUNN

RUNN Risk / Return Rank: 7
RUNN Sharpe Ratio Rank: 7
RUNN Sortino Ratio Rank: 6
RUNN Omega Ratio Rank: 7
RUNN Calmar Ratio Rank: 7
RUNN Martin Ratio Rank: 7

OPTZ

OPTZ Risk / Return Rank: 92
OPTZ Sharpe Ratio Rank: 93
OPTZ Sortino Ratio Rank: 92
OPTZ Omega Ratio Rank: 89
OPTZ Calmar Ratio Rank: 91
OPTZ Martin Ratio Rank: 94

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.

RUNN vs. OPTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Running Oak Efficient Growth ETF (RUNN) 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.

	RUNN	OPTZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.15	3.41	-3.56
Sortino ratio: Return per unit of downside risk	-0.13	4.49	-4.61
Omega ratio: Gain probability vs. loss probability	0.99	1.57	-0.58
Calmar ratio: Return relative to maximum drawdown	-0.19	5.80	-5.98
Martin ratio: Return relative to average drawdown	-0.44	26.36	-26.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RUNN vs. OPTZ - Sharpe Ratio Comparison

The current RUNN Sharpe Ratio is -0.15, which is lower than the OPTZ Sharpe Ratio of 3.41. The chart below compares the historical Sharpe Ratios of RUNN and OPTZ, 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

	RUNN	OPTZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	3.41	-3.56
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	1.71	-1.04

Drawdowns

RUNN vs. OPTZ - Drawdown Comparison

The maximum RUNN drawdown since its inception was -16.83%, smaller than the maximum OPTZ drawdown of -25.75%. Use the drawdown chart below to compare losses from any high point for RUNN and OPTZ.

Drawdown Indicators

	RUNN	OPTZ	Difference
Max Drawdown Largest peak-to-trough decline	-16.83%	-25.75%	+8.92%
Max Drawdown (1Y) Largest decline over 1 year	-10.34%	-10.63%	+0.29%
Current Drawdown Current decline from peak	-7.89%	0.00%	-7.89%
Average Drawdown Average peak-to-trough decline	-3.54%	-3.39%	-0.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.34%	2.33%	+2.01%

Volatility

RUNN vs. OPTZ - Volatility Comparison

The current volatility for Running Oak Efficient Growth ETF (RUNN) is 3.57%, while Optimize Strategy Index ETF (OPTZ) has a volatility of 6.09%. This indicates that RUNN experiences smaller price fluctuations and is considered to be less risky than OPTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RUNN	OPTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.57%	6.09%	-2.52%
Volatility (6M) Calculated over the trailing 6-month period	9.70%	13.52%	-3.82%
Volatility (1Y) Calculated over the trailing 1-year period	12.85%	18.09%	-5.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.81%	20.66%	-6.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.81%	20.66%	-6.85%

RUNN vs. OPTZ - Expense Ratio Comparison

RUNN has a 0.58% expense ratio, which is higher than OPTZ's 0.25% expense ratio.

Dividends

RUNN vs. OPTZ - Dividend Comparison

RUNN's dividend yield for the trailing twelve months is around 0.57%, more than OPTZ's 0.44% yield.

Position	TTM	2025	2024	2023
OPTZ Optimize Strategy Index ETF	0.44%	0.58%	0.32%	0.00%
RUNN Running Oak Efficient Growth ETF	0.57%	0.55%	0.39%	0.33%

Frequently Asked Questions

Can I hold both RUNN and OPTZ in my portfolio?

RUNN and OPTZ have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RUNN or OPTZ?

OPTZ has higher volatility (6.09%) compared to RUNN (3.57%). In terms of maximum drawdown, RUNN dropped -16.83% vs OPTZ's -25.75%.

Which ETF is better, RUNN or OPTZ?

On 1-year performance, OPTZ leads with 61.30% vs -1.91% for RUNN. On fees, OPTZ is cheaper at 0.25% per year. On volatility, RUNN has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RUNN or OPTZ?

Over the 1-year period, OPTZ has performed better with a 61.30% return vs -1.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RUNN or OPTZ?

OPTZ is cheaper with a 0.25% expense ratio, compared with 0.58% for RUNN.

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

RUNN has the higher dividend yield at 0.57%, compared with 0.44% for OPTZ.

What is the main difference between RUNN and OPTZ?

They also come from different issuers: Running Oak Capital and Optimize. Their fees differ too: 0.58% for RUNN and 0.25% for OPTZ.

Which has better risk-adjusted returns?

OPTZ currently has the higher Sharpe Ratio (3.41 vs -0.15), 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.