DIVY vs OPTZ
Sound Equity Dividend Income ETF vs Optimize Strategy Index ETF
Which is better, DIVY or OPTZ?
OPTZ has been ahead.
OPTZ has a lower expense ratio. OPTZ led over 1Y and the full window. OPTZ is less concentrated, with 13.3% of the fund in its ten largest positions against 38.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DIVY | OPTZ |
|---|---|---|
| Expense Ratio | 0.45% | 0.25%Best |
| AUM | $28M | $267M |
| Dividend Yield | 3.17% | 0.47% |
| Holdings | 37 | 339 |
| YTD Return | +15.29% | +21.82%Best |
| 1Y Return | +20.89% | +27.14%Best |
| 3Y Return (annualized) | +10.82% | - |
| 5Y Return (annualized) | +7.72% | - |
| Volatility (annualized) | 12.1%Best | 18.9% |
| Max Drawdown | -18.3%Best | -25.5% |
| $10,000 over 2.5 years | $12,696 | $17,764Best |
| Top 10 Weight | 38.1% | 13.3%Best |
| Fund Family | Sound Income Strategies | Optimize Financial |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 30, 2020 | Apr 23, 2024 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 23, 2024 to Oct 14, 2026 (2.5 years).
DIVY vs OPTZ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
DIVY vs OPTZ Performance
Sound Equity Dividend Income ETF (DIVY) is an ETF from Sound Income Strategies and Optimize Strategy Index ETF (OPTZ) is an ETF from Optimize Financial. Over the past year DIVY returned +20.89% while OPTZ returned +27.14%. Year to date, DIVY is up 15.29% versus a gain of 21.82% for OPTZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OPTZ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 12.1% for DIVY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.3% for DIVY and -25.5% for OPTZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIVY charges 0.45% per year while OPTZ charges 0.25%. On a $10,000 position that is $45 vs $25 annually, a gap of $20 per year that compounds over a long holding period. On income, DIVY currently yields 3.17% against 0.47% for OPTZ.
Holdings Overlap
27.8% of DIVY's money is in holdings OPTZ also owns. 1.9% of OPTZ's money is in holdings DIVY also owns.
DIVY and OPTZ share little of their money.
11 positions in common, counted across the 36 positions we hold weights for in DIVY and 392 in OPTZ, against full books of 37 and 339.
What only one of them owns
Our book lists 374 positions for OPTZ that do not appear in our book for DIVY (96.0% of the fund), and 22 for DIVY that do not appear in OPTZ (63.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DIVY | Weight in OPTZ | Difference |
|---|---|---|---|
| OMCOmnicom Group Inc. | 4.17% | 0.06% | 4.11% |
| CRBGCorebridge Financial Inc | 3.77% | 0.23% | 3.54% |
| DINOHf Sinclair Corporation | 2.86% | 0.30% | 2.56% |
| SJMJm Smucker Co. | 2.93% | 0.16% | 2.77% |
| ABBVAbbvie Inc. | 2.81% | 0.18% | 2.63% |
| MTBM&T Bank Corp | 2.47% | 0.21% | 2.26% |
| HASHasbro Inc. | 2.39% | 0.24% | 2.15% |
| SWKStanley Black & Decker Inc. | 2.25% | 0.11% | 2.14% |
| PEPPepsico Inc. | 1.88% | 0.16% | 1.72% |
| CCitigroup Inc. | 1.61% | 0.22% | 1.39% |
27.8% of DIVY is already inside OPTZ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVY or OPTZ?
DIVY has an expense ratio of 0.45% while OPTZ charges 0.25%. OPTZ is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, DIVY or OPTZ?
Over the past year DIVY returned +20.89% vs +27.14% for OPTZ, so OPTZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVY or OPTZ?
OPTZ has been the more volatile fund at 18.9% annualized versus 12.1% for DIVY. Worst drawdown: DIVY -18.3% vs OPTZ -25.5%.
Should I hold both DIVY and OPTZ?
DIVY and OPTZ have a monthly-return correlation of 0.44, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DIVY and OPTZ?
27.8% of DIVY's money is in holdings OPTZ also owns. 1.9% of OPTZ's is in holdings DIVY also owns. They hold 11 positions in common, counted across the 36 positions we hold weights for in DIVY and 392 in OPTZ.
Which pays a higher dividend, DIVY or OPTZ?
DIVY yields 3.17% while OPTZ yields 0.47%, so DIVY currently pays the higher dividend yield.
Is OPTZ better than DIVY?
OPTZ has a lower expense ratio. OPTZ led over 1Y and the full window. OPTZ is less concentrated, with 13.3% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.