SOVF vs. OPTZ

Last updated Jun 4, 2026

SOVF (Sovereign's Capital Flourish Fund) and OPTZ (Optimize Strategy Index ETF) are both Mid Cap Blend Equities funds. SOVF is actively managed, while OPTZ is passively managed. Over the past year, SOVF returned -4.19% vs 61.30% for OPTZ. A 0.74 correlation means they provide meaningful diversification when combined. SOVF charges 0.75%/yr vs 0.25%/yr for OPTZ.

Performance

SOVF vs. OPTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sovereign's Capital Flourish Fund (SOVF) 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, SOVF achieves a -2.81% return, which is significantly lower than OPTZ's 31.51% return.

SOVF

• 1D: -1.72%
• 1M: -1.84%
• YTD: -2.81%
• 6M: -0.11%
• 1Y: -4.19%
• 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)

SOVF vs. OPTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SOVF Sovereign's Capital Flourish Fund	-2.81%	-4.38%	9.73%
OPTZ Optimize Strategy Index ETF	31.51%	22.83%	16.81%

Correlation

The correlation between SOVF and OPTZ is 0.62, 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	0.62
Correlation (All Time) Calculated using the full available price history since Apr 24, 2024	0.74

The correlation between SOVF and OPTZ shifts across timeframes, from 0.62 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

SOVF vs. OPTZ - Sectors Allocation Comparison

Sectors	SOVF	OPTZ
Technology	31.6%	50.6%
Financial Services	16.1%	9.1%
Industrials	14.3%	8.9%
Healthcare	9.6%	10.5%
Consumer Defensive	8.6%	4.0%
Consumer Cyclical	8.4%	9.5%
Utilities	5.2%	0.7%
Real Estate	3.7%	1.5%
Energy	2.1%	1.5%
Communication Services	0.3%	2.6%
Basic Materials	-	1.3%

Return for Risk

SOVF vs. OPTZ — Risk / Return Rank

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

SOVF

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

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.

SOVF vs. OPTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sovereign's Capital Flourish Fund (SOVF) 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.

	SOVF	OPTZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.29	3.41	-3.70
Sortino ratio: Return per unit of downside risk	-0.30	4.49	-4.79
Omega ratio: Gain probability vs. loss probability	0.97	1.57	-0.60
Calmar ratio: Return relative to maximum drawdown	-0.29	5.80	-6.09
Martin ratio: Return relative to average drawdown	-0.62	26.36	-26.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOVF vs. OPTZ - Sharpe Ratio Comparison

The current SOVF Sharpe Ratio is -0.29, which is lower than the OPTZ Sharpe Ratio of 3.41. The chart below compares the historical Sharpe Ratios of SOVF 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

	SOVF	OPTZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.29	3.41	-3.70
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	1.71	-1.35

Drawdowns

SOVF vs. OPTZ - Drawdown Comparison

The maximum SOVF drawdown since its inception was -21.74%, smaller than the maximum OPTZ drawdown of -25.75%. Use the drawdown chart below to compare losses from any high point for SOVF and OPTZ.

Drawdown Indicators

	SOVF	OPTZ	Difference
Max Drawdown Largest peak-to-trough decline	-21.74%	-25.75%	+4.01%
Max Drawdown (1Y) Largest decline over 1 year	-14.46%	-10.63%	-3.83%
Current Drawdown Current decline from peak	-14.49%	0.00%	-14.49%
Average Drawdown Average peak-to-trough decline	-7.28%	-3.39%	-3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.79%	2.33%	+4.46%

Volatility

SOVF vs. OPTZ - Volatility Comparison

The current volatility for Sovereign's Capital Flourish Fund (SOVF) is 3.81%, while Optimize Strategy Index ETF (OPTZ) has a volatility of 6.09%. This indicates that SOVF 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

	SOVF	OPTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.81%	6.09%	-2.28%
Volatility (6M) Calculated over the trailing 6-month period	10.14%	13.52%	-3.38%
Volatility (1Y) Calculated over the trailing 1-year period	14.76%	18.09%	-3.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.25%	20.66%	-3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.25%	20.66%	-3.41%

SOVF vs. OPTZ - Expense Ratio Comparison

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

Dividends

SOVF vs. OPTZ - Dividend Comparison

SOVF's dividend yield for the trailing twelve months is around 0.80%, 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%
SOVF Sovereign's Capital Flourish Fund	0.80%	0.77%	0.30%	0.18%

Frequently Asked Questions

Can I hold both SOVF and OPTZ in my portfolio?

SOVF and OPTZ have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOVF or OPTZ?

OPTZ has higher volatility (6.09%) compared to SOVF (3.81%). In terms of maximum drawdown, SOVF dropped -21.74% vs OPTZ's -25.75%.

Which ETF is better, SOVF or OPTZ?

On 1-year performance, OPTZ leads with 61.30% vs -4.19% for SOVF. On fees, OPTZ is cheaper at 0.25% per year. On volatility, SOVF has been the lower-risk option at 3.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOVF or OPTZ?

Over the 1-year period, OPTZ has performed better with a 61.30% return vs -4.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOVF or OPTZ?

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

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

SOVF has the higher dividend yield at 0.80%, compared with 0.44% for OPTZ.

What is the main difference between SOVF and OPTZ?

They also come from different issuers: Sovereign's and Optimize. Their fees differ too: 0.75% for SOVF and 0.25% for OPTZ.

Which has better risk-adjusted returns?

OPTZ currently has the higher Sharpe Ratio (3.41 vs -0.29), 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.