Optimized Equity Income ETF
$26.32−0.08 (−0.32%)
- 1.02%
- $52M
- 0M sh
- $26.46
- low $23.88high $26.80
The ETF.net OEI Grade
C
Score 49 out of 100
- 23 of 51
Score 49 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D31 out of 100Rank 34 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A81 out of 100Rank 3 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D38 out of 100Rank 33 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A78 out of 100Rank 9 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C48 out of 100Rank 31 of 51
Our read on OEI
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.
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
- Growth-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%.
- Costs 0.75% a year, under the typical fee in its options-income group. Unusual pricing for a brand-new active fund.
- An 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
- Launched in October 2025, so there is no full-cycle record yet and risk reads on it rest on a single year of data.
- Income 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.
- Small 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
- Stocks
- 85
- 39%
- NVDA
Geography
- United States98.93%
- Ireland1.07%
OEI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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OEI$11,058
Returns run to the Oct 12, 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.
| Period | OEI |
|---|---|
| Year to date | +10.6% |
| 1 month | 0.0% |
| 3 months | +4.6% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | OEI |
|---|---|---|
| 2026 YTD | +10.6% | |
| 2025 | +4.1% |
OEI in the news
Category Review
The payout and the result came apart in option-income funds
OEI Dividends
- $0.20 per share
- Monthly
Distribution data unavailable.
Distribution history
OEI Risk
- —
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.
- —
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.
- —
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.
- 0.50
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
1.02%
OEI1.02%
- The middle half of Active Option Income funds
- Median 0.95%
35 of the 51 Active Option Income funds charge less.
Other funds in Active Option Income
- CCVRDMadison Covered Call ETFExpense ratio 0.92%1 year return +7.7%
- CQUSAVistaShares Target 15 USA Quality Income ETFExpense ratio 0.95%1 year return +7.2%
- CWRTHWorth Charting Options Income ETFExpense ratio 1.02%1 year return —
- CGRNIFundstrat Granny Shots US Large Cap & Income ETFExpense ratio 0.99%1 year return —
- CDDDDYieldMax U.S. Stocks Target Double Distribution ETFExpense ratio 1.01%1 year return —