VAIE vs. ODTE

Last updated Jun 8, 2026

VAIE (VegaShares US Equity Autocallable Income ETF) and ODTE (VegaShares SPX NDX RTY Premium Income ETF) are both Derivative Income funds from VegaShares. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure.

Performance

VAIE vs. ODTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VegaShares US Equity Autocallable Income ETF (VAIE) and VegaShares SPX NDX RTY Premium Income ETF (ODTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VAIE

• 1D: -2.82%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ODTE

• 1D: -3.53%
• 1M: -1.06%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VAIE vs. ODTE - Yearly Performance Comparison

	2026 (YTD)
VAIE VegaShares US Equity Autocallable Income ETF	-0.75%
ODTE VegaShares SPX NDX RTY Premium Income ETF	-0.63%

Correlation

The correlation between VAIE and ODTE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 13, 2026	0.83

Return for Risk

VAIE vs. ODTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VegaShares US Equity Autocallable Income ETF (VAIE) and VegaShares SPX NDX RTY Premium Income ETF (ODTE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VAIE	ODTE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	4.46	-5.24

Drawdowns

VAIE vs. ODTE - Drawdown Comparison

The maximum VAIE drawdown since its inception was -3.28%, smaller than the maximum ODTE drawdown of -3.86%. Use the drawdown chart below to compare losses from any high point for VAIE and ODTE.

Drawdown Indicators

	VAIE	ODTE	Difference
Max Drawdown Largest peak-to-trough decline	-3.28%	-3.86%	+0.58%
Current Drawdown Current decline from peak	-3.28%	-3.86%	+0.58%
Average Drawdown Average peak-to-trough decline	-0.59%	-0.47%	-0.12%

Volatility

Volatility by Period

	VAIE	ODTE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.93%	14.67%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.93%	14.67%	-0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.93%	14.67%	-0.74%

Dividends

VAIE vs. ODTE - Dividend Comparison

VAIE's dividend yield for the trailing twelve months is around 0.96%, less than ODTE's 2.19% yield.

Position	TTM
ODTE VegaShares SPX NDX RTY Premium Income ETF	2.19%
VAIE VegaShares US Equity Autocallable Income ETF	0.96%

Frequently Asked Questions

Can I hold both VAIE and ODTE in my portfolio?

VAIE and ODTE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, VAIE or ODTE?

ODTE has the higher dividend yield at 2.19%, compared with 0.96% for VAIE.