TACN vs. OEI

Last updated Jul 17, 2026

TACN (T. Rowe Price Active Core International Equity ETF) and OEI (Optimized Equity Income ETF) are both Actively Managed funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. TACN charges 0.20%/yr vs 0.75%/yr for OEI.

Performance

TACN vs. OEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Active Core International Equity ETF (TACN) and Optimized Equity Income ETF (OEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TACN achieves a 11.00% return, which is significantly higher than OEI's 5.55% return.

TACN

• 1D: -0.54%
• 1M: -0.15%
• 6M: 7.27%
• YTD: 11.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OEI

• 1D: -0.03%
• 1M: 0.48%
• 6M: 4.54%
• YTD: 5.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TACN vs. OEI - Yearly Performance Comparison

	2026 (YTD)	2025
TACN T. Rowe Price Active Core International Equity ETF	11.00%	1.68%
OEI Optimized Equity Income ETF	5.55%	0.78%

Correlation

The correlation between TACN and OEI is 0.68, 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 Dec 11, 2025	0.68

Return for Risk

TACN vs. OEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Active Core International Equity ETF (TACN) and Optimized Equity Income ETF (OEI). 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

TACN vs. OEI - Drawdown Comparison

The maximum TACN drawdown since its inception was -10.98%, which is greater than OEI's maximum drawdown of -6.49%. Use the drawdown chart below to compare losses from any high point for TACN and OEI.

Drawdown Indicators

	TACN	OEI	Difference
Max Drawdown Largest peak-to-trough decline	-10.98%	-6.49%	-4.49%
Current Drawdown Current decline from peak	-1.11%	-0.37%	-0.74%
Average Drawdown Average peak-to-trough decline	-2.37%	-1.04%	-1.33%

Volatility

Volatility by Period

	TACN	OEI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.42%	9.70%	+7.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	9.70%	+7.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	9.70%	+7.72%

TACN vs. OEI - Expense Ratio Comparison

TACN has a 0.20% expense ratio, which is lower than OEI's 0.75% expense ratio.

Dividends

TACN vs. OEI - Dividend Comparison

TACN has not paid dividends to shareholders, while OEI's dividend yield for the trailing twelve months is around 5.95%.

Position	TTM	2025
OEI Optimized Equity Income ETF	5.95%	1.35%
TACN T. Rowe Price Active Core International Equity ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TACN and OEI in my portfolio?

TACN and OEI have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TACN or OEI?

On fees, TACN is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TACN or OEI?

TACN is cheaper with a 0.20% expense ratio, compared with 0.75% for OEI.

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

OEI has the higher dividend yield at 5.95%, compared with 0.00% for TACN.

What is the main difference between TACN and OEI?

They also come from different issuers: T. Rowe Price and Optimize. Their fees differ too: 0.20% for TACN and 0.75% for OEI.