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OEIOptimized Equity Income ETF

Get incomeNewRanked #761 of 1,628 in this goal

Seeks long-term capital appreciation with current income as a secondary consideration.

By Core Alternative Capital · Launched 2025

Annual Cost

0.01%

#101 of 5,573 · low cost

Fund Size

$42M

#3,723 of 5,573 · mid-size

Dividend YieldGoal

Track Record

8 months

#4,891 of 5,573 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,801+8.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 39.8% of fundwell diversified

NVIDIA Corp
7.9%
Apple Inc
6.5%
Microsoft Corp
5.5%
Amazon.com Inc
4.0%
Alphabet Inc
3.3%
Meta Platforms Inc
2.8%
First American Government Obli
2.6%
Alphabet Inc
2.6%
Broadcom Inc
2.6%
Exxon Mobil Corp
2.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-6.5%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks long-term capital appreciation with current income as a secondary consideration.
Strategy
Invests primarily in U.S. large-cap equity securities, using an actively managed strategy that combines top-down and bottom-up analyses. Generates income through dividends and writing call options on equities and indexes, targeting notional values of 25% to 75% of equity holdings.
Inception date
October 21, 2025
Fund family
Core Alternative Capital

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20