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OEI

GradeCNew York Stock Exchange Arca

Optimized Equity Income ETF

Option Income · Core Alternative · Inception 2025-10-22 · SEC filings

$25.99−0.49 (−1.85%)

As of Sep 23, 2026, 10:24 AM EDT

History starts Oct 22, 2025.History starts Oct 22, 2025.
Intraday session: down, 4 prints from 26.48 to 25.99. Range 25.99 to 25.99. Use the arrow keys to read each point.$25.00$25.50$26.5010 AM12 PM2 PM4 PM
Expense ratio
1.02%
Fund size
$52M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
80
Volume · 30D
0M sh
NAV per share
$26.50
52W range
low $23.88high $26.80

The ETF.net OEI Grade

C

49/ 100

Rank 23 of 51 in Active Option Income⁠

Confidence Medium

Six-pillar profile for OEI. Scores out of 100: Cost 30, Risk 80, Mission not scored, Tradability 38, Holdings 77, Durability 50. Strongest: Risk (80). Weakest: Cost (30). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 30
    Category rank37/51 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 80
    Category rank5/45 · top 11%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 38
    Category rank34/51 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 77
    Category rank9/42 · top 21%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 50
    Category rank29/51 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on OEI

ETF.net Research

CMost options-income funds lead with yield. OEI flips it: the prospectus puts long-term growth first and income second, keeping roughly 90% of assets in stocks, at a fee below the category norm. New in late 2025, so the record is short.

Stated mandate

The Fund seeks long-term capital appreciation, with current income as a secondary consideration. It invests at least 80% of net assets in equity securities and generally expects approximately 90% in them.

Why people hold it

  1. 01Growth-first by charter: the prospectus names long-term capital appreciation first and income secondary, with at least 80% of net assets in equities and generally about 90%.
  2. 02Costs 0.75% a year, under the typical fee in its options-income group. Unusual pricing for a brand-new active fund.
  3. 03An all-US stock portfolio with options layered on top, not the main event, and it stands in the upper half of a crowded options-income field.

Worth knowing

  1. 01Launched in October 2025, so there is no full-cycle record yet and risk reads on it rest on a single year of data.
  2. 02Income is the stated second priority and payouts have not settled into a steady monthly rhythm, so the cash flow is a byproduct, not a schedule.
  3. 03Small and lightly traded next to the group's heavyweights (PAPI, JOYT), which also charge well under half its fee, so spreads can bite on entry and exit.

OEI Holdings

As of Sep 20, 2026, 9:24 AM
Asset class
Stocks
Holdings
80
Top-10 weight
38%
Largest holding
NVDA8.7%

Geography

  • United States98.98%
  • Ireland1.02%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA Corp8.74%20,329$5M828
002AAPLApple Inc4.53%6,975$2M707
003MSFTMicrosoft Corp4.18%4,380$2M792
004AMZNAmazon.com Inc4.16%8,471$2M720
005GOOGLAlphabet Inc3.33%4,925$2M704
006MUMicron Technology Inc3.10%1,576$2M655
007AVGOBroadcom Inc2.72%3,940$1M732
008GOOGAlphabet Inc2.62%3,940$1M471
009METAMeta Platforms Inc2.53%1,970$1M683
010—Cash & Other2.19%1,133,945$1M674
011JNJJohnson & Johnson2.16%4,137$1M521
012XOMExxonMobil Holdings Corp2.12%6,706$1M501
013AMDAdvanced Micro Devices Inc1.78%1,646$921K618
014TSLATesla Inc1.67%2,364$861K509
015ABBVAbbVie Inc1.61%3,152$832K511

Showing 1–15 of 84 holdings

OEI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

OEI$11,091
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. OEI $11,091. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for OEI. Periods over one year show the average yearly return.
PeriodOEI
Year to date+10.9%
1 month+1.9%
3 months+6.6%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for OEI
YearReturn barOEI
2026 YTD+10.9%
2025+4.1%

Since listing, Oct 22, 2025

OEI in the news

ETF.net Research hasn’t filed on OEI yet — coverage lands here as it’s written.

OEI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.20 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 11 payments from 2025 to 2026 YTD. Nov 19, 2025 $0.13; Dec 17, 2025 $0.21; Jan 27, 2026 $0.21; Feb 19, 2026 $0.18; Mar 19, 2026 $0.20; Apr 23, 2026 $0.20; May 21, 2026 $0.20; Jun 18, 2026 $0.20; Jul 23, 2026 $0.20; Aug 20, 2026 $0.20; Sep 17, 2026 $0.20. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 17, 2026Sep 18, 2026$0.20
Aug 20, 2026Aug 21, 2026$0.20
Jul 23, 2026Jul 24, 2026$0.20
Jun 18, 2026Jun 22, 2026$0.20
May 21, 2026May 22, 2026$0.20
Apr 23, 2026Apr 24, 2026$0.20
Mar 19, 2026Mar 20, 2026$0.20
Feb 19, 2026Feb 20, 2026$0.18
Jan 27, 2026Jan 28, 2026$0.21
Dec 17, 2025Dec 18, 2025$0.21
Nov 19, 2025Nov 20, 2025$0.13

OEI Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.49
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

OEI Cost

Expense ratio1.02%
  • The middle half of Active Option Income funds
  • Median 0.95%

33 of the 47 Active Option Income funds charge less.

OEI costs $102.00 a year on $10,000. The median Active Option Income fund costs $95.00.