ESN vs OPTZ
Essential 40 Stock ETF vs Optimize Strategy Index ETF
Which is better, ESN 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 34.8%.
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 | ESN | OPTZ |
|---|---|---|
| Expense Ratio | 0.70% | 0.25%Best |
| AUM | $355M | $267M |
| Dividend Yield | 0.77% | 0.47% |
| Holdings | 84 | 339 |
| YTD Return | +19.65% | +21.82%Best |
| 1Y Return | +21.71% | +27.14%Best |
| Volatility (annualized) | 10.6%Best | 21.0% |
| Max Drawdown | -13.6%Best | -25.5% |
| $10,000 over 2 years | $13,719 | $15,465Best |
| Top 10 Weight | 34.8% | 13.3%Best |
| Fund Family | KKM Financial | Optimize Financial |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 11, 2024 | Apr 23, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 21, 2024 to Oct 14, 2026 (2 years).
ESN 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 years both funds cover.
ESN vs OPTZ Performance
Essential 40 Stock ETF (ESN) is an ETF from KKM Financial and Optimize Strategy Index ETF (OPTZ) is an ETF from Optimize Financial. Over the past year ESN returned +21.71% while OPTZ returned +27.14%. Year to date, ESN is up 19.65% 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 21.0% compared with 10.6% for ESN. 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 -13.6% for ESN 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ESN charges 0.70% per year while OPTZ charges 0.25%. On a $10,000 position that is $70 vs $25 annually, a gap of $45 per year that compounds over a long holding period. On income, ESN currently yields 0.77% against 0.47% for OPTZ.
Holdings Overlap
21.0% of ESN's money is in holdings OPTZ also owns. 2.7% of OPTZ's money is in holdings ESN also owns.
ESN and OPTZ share little of their money.
9 positions in common, counted across the 41 positions we hold weights for in ESN and 392 in OPTZ, against full books of 84 and 339.
What only one of them owns
Our book lists 376 positions for OPTZ that do not appear in our book for ESN (95.2% of the fund), and 30 for ESN that do not appear in OPTZ (74.0%).
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 ESN | Weight in OPTZ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 2.39% | 1.14% | 1.25% |
| XOMExxonmobil Corp. | 2.84% | 0.29% | 2.55% |
| VVisa Inc Class A | 2.32% | 0.23% | 2.09% |
| LLYEli Lilly & Co. | 2.33% | 0.18% | 2.15% |
| CVSCvs Health Corp | 2.36% | 0.15% | 2.21% |
| JPMJpmorgan Chase | 2.27% | 0.22% | 2.05% |
| AMZNAmazon.Com Inc | 2.24% | 0.24% | 2.00% |
| UNHUnitedhealth Group Incorporated | 2.32% | 0.16% | 2.16% |
| LMTLockheed Martin | 1.96% | 0.11% | 1.85% |
21.0% of ESN 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, ESN or OPTZ?
ESN has an expense ratio of 0.70% while OPTZ charges 0.25%. OPTZ is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, ESN or OPTZ?
Over the past year ESN returned +21.71% vs +27.14% for OPTZ, so OPTZ leads on 1-year performance. Over the longest common window we track (2 years), ESN annualized +17.13% vs +24.36% for OPTZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ESN or OPTZ?
OPTZ has been the more volatile fund at 21.0% annualized versus 10.6% for ESN. Worst drawdown: ESN -13.6% vs OPTZ -25.5%.
Should I hold both ESN and OPTZ?
ESN and OPTZ have a monthly-return correlation of 0.75, 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 ESN and OPTZ?
21.0% of ESN's money is in holdings OPTZ also owns. 2.7% of OPTZ's is in holdings ESN also owns. They hold 9 positions in common, counted across the 41 positions we hold weights for in ESN and 392 in OPTZ.
Which pays a higher dividend, ESN or OPTZ?
ESN yields 0.77% while OPTZ yields 0.47%, so ESN currently pays the higher dividend yield.
Is OPTZ better than ESN?
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 34.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.