Data as of .
FDND vs OEI: which paid, and which earned it?
FDND and OEI both write options for income.
What they hold in common
By the books each fund has filed, FDND and OEI hold 18% of their money in the same securities at the same weight.
| Holding | FDND | OEI |
|---|---|---|
| Amazon.com, Inc. | 9.98% | 4.56% |
| Alphabet Inc. (Class A) | 5.82% | 3.48% |
| Alphabet Inc. (Class C) | 4.65% | 2.79% |
| Meta Platforms, Inc. (Class A) | 10.12% | 2.18% |
| Booking Holdings Inc. | 4.28% | 1.89% |
| Cisco Systems, Inc. | 8.66% | 1.54% |
| Netflix, Inc. | 5.90% | 0.56% |
| Salesforce, Inc. | 4.36% | 0.50% |
| Arista Networks, Inc. | 4.62% | 0.49% |
| Oracle Corporation | 4.08% | 0.35% |
| Only in FDND | Only in OEI |
|---|---|
| Snowflake Inc. (Class A) 3.90% | NVIDIA Corp 8.32% |
| Cloudflare, Inc. (Class A) 3.53% | Microsoft Corp 5.99% |
| Datadog, Inc. (Class A) 2.62% | Apple Inc 4.28% |
| DoorDash, Inc. (Class A) 2.46% | Broadcom Inc 3.04% |
| Airbnb, Inc. (Class A) 2.36% | Micron Technology Inc 2.57% |
| Ciena Corporation 1.69% | Johnson & Johnson 2.10% |
| Carvana Co. (Class A) 1.59% | ExxonMobil Holdings Corp 2.07% |
| PayPal Holdings, Inc. 1.52% | Eli Lilly & Co 1.80% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jul 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FDND | OEI | FDND | OEI | FDND | OEI | |
| 3 months | +8.9% | +4.8% | 2.0% | 2.3% | +8.5 pts | +2.5 pts |
| 6 months | +18.8% | +12.5% | 4.3% | 4.9% | +4.8 pts | −5.6 pts |
| 1 year | −0.6% | not published | 7.1% | not published | −14.1 pts | not published |
| Since launch | +34.3% | +14.4% | 20.4% | 8.6% | −0.5 pts | −0.9 pts |
| FDND FT Vest Dow Jones Internet & Target Income ETF Option income on DIA, paying monthly | OEI Optimized Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Core Alternative |
| Strategy | option income | option income |
| Benchmark | Dow Jones Industrial Average (DIA) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.8% | 9.2% |
| Expense ratio | 0.75% | 1.02% |
| Cash paid, 1 year | 7.1% | 8.6% (since launch on Oct 22, 2025) |
| Price change, 1 year | −8.2% | +5.2% |
| Total return, 1 year | −0.6% | +14.4% (since launch on Oct 22, 2025) |
| Benchmark return, 1 year | +13.5% | +15.3% |
| Ahead or behind | −14.1 pts | −0.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 911 days | 331 days |
| Net assets | $10m | $46m |
FDND in plain words
Over the year to Sep 18, 2026, FDND paid 7.1% of its starting value in cash distributions while its price fell 8.2%. With every distribution reinvested, the fund returned −0.6%. Dow Jones Industrial Average (DIA) returned +13.5% over the same days, so a holder was behind by 14.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.8%, paid monthly.
OEI in plain words
Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.
Questions people ask
- 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
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FDND against OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fdnd-vs-oei Free to use with attribution; the underlying files are at Open data.