Which paid more, FDND or OEI?

Over the year to Nov 4, 2026, FDND paid 7.3% of its starting price in cash and OEI paid 9.2%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, FDND or OEI?

With every distribution reinvested, FDND returned −2.6% and OEI +12.9% over the year to Nov 4, 2026.

Which is cheaper, FDND or OEI?

FDND charges 0.75% a year and OEI charges 1.02%, so FDND is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FDND vs OEI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, OEI paid 9.2% of its price in cash against FDND’s 7.3%, and returned more with it reinvested.

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Net assets: $9.3m on Nov 3, 2026 for FT Vest Dow Jones Internet & Target Income ETF, and $46m on Jul 31, 2026 for Optimized Equity Income ETF.

FDND on its own →OEI on its own →

At a glance

7.3%

FDND cash paid, 1 year

9.2%

OEI cash paid, 1 year

−2.6%

FDND total return, 1 year

+12.9%

OEI total return, 1 year

FDND · 1 year to Nov 4, 2026 1 pt behind FDN

FDND

−2.6%

FDN

−1.6%

1 pt behind FDN

FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

FDN

−1.6%

FDND

−2.6%

1 pt behind FDN

Total return, distributions reinvested

1 pt behind FDN

FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

FDN

−1.6%

FDND

−2.6%

1 pt behind FDN

7.3% of it arrived as cash. Total return, distributions reinvested. FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

OEI · 1 year to Nov 4, 2026 1.9 pts behind SPY

OEI

+12.9%

SPY

+14.8%

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% of it arrived as cash

1.9 pts behind SPY

Total return, distributions reinvested

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% cash

1.9 pts behind SPY

9.2% of it arrived as cash. Both charts share one scale, with zero at the line. OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FDND costs 0.27 points a year less; their one-year returns differ by 15.5 points.

Points (pts) are percentage points.

FDND vs OEI: Dividend Yield & Total Return
Measure	FDND	OEI
Paid and earned
Measure	FDND	OEI
Total return, 1 year	−2.6%	+12.9%
Price change, 1 year	fell 10.1%	rose 3.0%
Return of capital, issuer estimate	100% of the Oct 30, 2026 payment
Against its benchmark
Measure	FDND	OEI
Benchmark	First Trust Dow Jones Internet Index Fund, measured through FDN	S&P 500, measured through SPY
Cost and size
Measure	FDND	OEI
Expense ratio	0.75%	1.02%
Net assets, FDND as of Nov 3, 2026 and OEI as of Jul 31, 2026	$9.3m	$46m
Holdings
Measure	FDND	OEI
Holdings in common	18%

ETFIQ Distribution Coverage Score · OEI scores higher How much of what it paid out did its total return cover?

IQ Income Score12.3FDND75.7OEI

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

FDND 12.3

OEI 75.7

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

18%

By the books each fund has filed, FDND and OEI hold 18% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

18% in common

Positions both hold · largest shared weight first FDND OEI

Amazon.com, Inc. 10.68% 4.51%

Alphabet Inc. (Class A) 5.05% 3.44%

Alphabet Inc. (Class C) 4.06% 2.76%

Meta Platforms, Inc. (Class A) 10.21% 2.15%

Booking Holdings Inc. 4.29% 1.86%

Cisco Systems, Inc. 8.81% 1.52%

Netflix, Inc. 5.64% 0.55%

Salesforce, Inc. 4.40% 0.50%

Arista Networks, Inc. 4.26% 0.49%

Oracle Corporation 3.78% 0.35%

Only in one fund ↓

Only in FDND

Snowflake Inc. (Class A) 3.75%

Cloudflare, Inc. (Class A) 3.23%

Datadog, Inc. (Class A) 2.72%

Airbnb, Inc. (Class A) 2.57%

DoorDash, Inc. (Class A) 2.53%

Carvana Co. (Class A) 1.88%

PayPal Holdings, Inc. 1.82%

eBay Inc. 1.73%

Only in OEI

NVIDIA Corp 8.22%

Microsoft Corp 5.93%

Apple Inc 4.23%

Broadcom Inc 3.01%

Micron Technology Inc 2.54%

Johnson & Johnson 2.08%

ExxonMobil Holdings Corp 2.04%

Eli Lilly & Co 1.78%

Check overlap with more funds →

Side by side

FDND FT Vest Dow Jones Internet & Target Income ETF · Writes calls on the Nasdaq-100, measured against the Dow Jones Internet Composite Index, paying monthly OEI Optimized Equity Income ETF · Option income on SPY, paying monthly

Issuer First Trust Core Alternative

Strategy option income option income

Benchmark First Trust Dow Jones Internet Index Fund (FDN) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 8.2% 9.6%

Expense ratio 0.75% 1.02%

Cash paid, 1 year 7.3% 9.2%

Price change, 1 year −10.1% +3.0%

Total return, 1 year −2.6% +12.9%

Benchmark return, 1 year −1.6% +14.8%

Ahead or behind −1.0 pts −1.9 pts

Return of capital, latest estimate 100% not published

Age 2.6 years 1.0 years

Net assets, FDND as of Nov 3, 2026 and OEI as of Jul 31, 2026 $9.3m $46m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: FDND vs OEI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FDND	OEI	FDND	OEI	FDND	OEI
3 months	−4.7%	+3.3%	2.0%	2.4%	+0.5 pts	+3.4 pts
6 months	+2.2%	+6.3%	4.0%	4.7%	0.0 pts	+1.3 pts
1 year	−2.6%	+12.9%	7.3%	9.2%	−1.0 pts	−1.9 pts
Since launchNot the same days: FDND Mar 2024 · OEI Oct 2025	+27.3%	+15.0%	21.9%	9.4%	−4.9 pts	−1.1 pts

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Alert

About each fund

FDND

Over the year to Nov 4, 2026, FDND paid 7.3% of its starting value in cash distributions while its price fell 10.1%. With every distribution reinvested, the fund returned −2.6%. First Trust Dow Jones Internet Index Fund (FDN) returned −1.6% over the same days, so a holder was behind by 1.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.2%, paid monthly. First Trust estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

OEI

Over the year to Nov 4, 2026, OEI paid 9.2% of its starting value in cash distributions while its price rose 3.0%. With every distribution reinvested, the fund returned +12.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 1.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.6%, paid monthly.

Questions people ask

Which paid more, FDND or OEI?: Over the year to Nov 4, 2026, FDND paid 7.3% of its starting price in cash and OEI paid 9.2%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FDND or OEI?: With every distribution reinvested, FDND returned −2.6% and OEI +12.9% over the year to Nov 4, 2026.
Which is cheaper, FDND or OEI?: FDND charges 0.75% a year and OEI charges 1.02%, so FDND is cheaper. Fees come from each fund's prospectus.

Other comparisons

FDND vs SPIN FDND vs ACKY FDND vs XRMI FDND vs WDTE OEI vs XIMR OEI vs XISE OEI vs OARK OEI vs PAPI

Where to next

First Trust Dow Jones Internet Index Fund (FDN) →S&P 500 (SPY) →FDND on its own →OEI on its own →FDND dividend history →FDND holdings →OEI dividend history →OEI holdings →Method →Standards and sources →

Sources and dates

FDND filings on SEC EDGAR ↗

FDND prospectus with the expense ratio (SEC) ↗

FDND 19a-1 distribution notice ↗

First Trust page for FDND ↗

OEI filings on SEC EDGAR ↗

OEI prospectus with the expense ratio (SEC) ↗

Core Alternative website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FDND against OEI, data as of Nov 4, 2026. https://etfiq.com/compare/income/fdnd-vs-oei

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.