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OEI vs FDHY

Optimized Equity Income ETF vs Fidelity Enhanced High Yield ETF

OEI

Optimized Equity Income ETF

Annual cost

0.01%

Fund size

$42M

FDHY

Fidelity Enhanced High Yield ETF

Annual cost

0.35%

Fund size

$522M

Key differences

OEI is an alternative ETF, while FDHY is a fixed income ETF. OEI charges 0.01% a year and FDHY 0.35%.

  • OEI is an alternative fund, while FDHY is a fixed income fund. They carry different risk/return profiles.
  • OEI follows a option income strategy; FDHY uses active selection.
  • OEI costs 0.34% less per year.
  • FDHY is much larger than OEI. Larger funds are usually more liquid and less likely to close.
  • FDHY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OEIFDHY
Annual cost (TER)0.01%0.35%
Fund size (AUM)$42M$522M
Since20252018
Dividend yield6.53%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeactive selection
CAGR 1YN/A+8.2%
CAGR 3YN/A+9.0%
CAGR 5YN/A+4.0%
Sharpe 3YN/A1.03
Volatility 1Y3.59%
Max drawdown-6.49%-20.01%

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

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