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OEI vs BYLD

Optimized Equity Income ETF vs iShares Yield Optimized Bond ETF

OEI

Optimized Equity Income ETF

Annual cost

0.01%

Fund size

$42M

BYLD

iShares Yield Optimized Bond ETF

Annual cost

0.13%

Fund size

$450M

Key differences

OEI is an alternative ETF, while BYLD is a fixed income ETF. OEI charges 0.01% a year and BYLD 0.13%.

  • OEI is an alternative fund, while BYLD is a fixed income fund. They carry different risk/return profiles.
  • OEI follows a option income strategy; BYLD uses index tracking.
  • OEI costs 0.12% less per year.
  • BYLD is much larger than OEI. Larger funds are usually more liquid and less likely to close.
  • BYLD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OEIBYLD
Annual cost (TER)0.01%0.13%
Fund size (AUM)$42M$450M
Since20252014
Dividend yield5.34%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1YN/A+6.8%
CAGR 3YN/A+6.7%
CAGR 5YN/A+2.4%
Sharpe 3YN/A0.65
Volatility 1Y3.86%
Max drawdown-6.49%-14.75%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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