Data as of .
FGSI vs OEI: which paid, and which earned it?
FGSI and OEI both write options for income.
What they hold in common
By the books each fund has filed, FGSI and OEI hold 17% of their money in the same securities at the same weight.
| Holding | FGSI | OEI |
|---|---|---|
| Microsoft Corporation | 2.45% | 5.99% |
| NVIDIA Corporation | 2.15% | 8.32% |
| Meta Platforms, Inc. (Class A) | 2.03% | 2.18% |
| Broadcom Inc. | 1.90% | 3.04% |
| Eli Lilly and Company | 1.93% | 1.80% |
| Mastercard Incorporated | 2.03% | 1.57% |
| Costco Wholesale Corporation | 1.85% | 1.12% |
| Amphenol Corporation | 2.01% | 0.56% |
| Netflix, Inc. | 2.04% | 0.56% |
| Uber Technologies, Inc. | 1.90% | 0.49% |
| Arista Networks, Inc. | 2.32% | 0.49% |
| Palantir Technologies Inc. (Class A) | 2.63% | 0.48% |
| Only in FGSI | Only in OEI |
|---|---|
| Newmont Corporation 2.70% | Amazon.com Inc 4.56% |
| Marvell Technology, Inc. 2.53% | Apple Inc 4.28% |
| DexCom, Inc. 2.28% | Alphabet Inc 3.48% |
| Target Corporation 2.22% | Alphabet Inc 2.79% |
| CME Group Inc. 2.21% | Micron Technology Inc 2.57% |
| ResMed Inc. 2.21% | Johnson & Johnson 2.10% |
| Garmin Ltd. 2.15% | ExxonMobil Holdings Corp 2.07% |
| Seagate Technology Holdings Plc 2.15% | Booking Holdings Inc 1.89% |
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 | |||
|---|---|---|---|---|---|---|
| FGSI | OEI | FGSI | OEI | FGSI | OEI | |
| 3 months | +2.4% | +4.8% | 2.1% | 2.3% | +0.2 pts | +2.5 pts |
| 6 months | +10.0% | +12.5% | 4.4% | 4.9% | −8.0 pts | −5.6 pts |
| 1 year | +5.3% | not published | 8.1% | not published | −11.3 pts | not published |
| Since launch | +11.9% | +14.4% | 9.8% | 8.6% | −14.3 pts | −0.9 pts |
| FGSI FT Vest Growth Strength & Target Income ETF Option income on SPY, paying monthly | OEI Optimized Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Core Alternative |
| Strategy | option income | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.6% | 9.2% |
| Expense ratio | 0.85% | 1.02% |
| Cash paid, 1 year | 8.1% | 8.6% (since launch on Oct 22, 2025) |
| Price change, 1 year | −3.2% | +5.2% |
| Total return, 1 year | +5.3% | +14.4% (since launch on Oct 22, 2025) |
| Benchmark return, 1 year | +16.6% | +15.3% |
| Ahead or behind | −11.3 pts | −0.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 449 days | 331 days |
| Net assets | $2m | $46m |
FGSI in plain words
Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting value in cash distributions while its price fell 3.2%. With every distribution reinvested, the fund returned +5.3%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, 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, FGSI or OEI?
- FGSI charges 0.85% a year and OEI charges 1.02%, so FGSI 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, FGSI against OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fgsi-vs-oei Free to use with attribution; the underlying files are at Open data.