Data as of .
FTHI vs OEI: which paid, and which earned it?
FTHI and OEI both write options for income.
What they hold in common
By the books each fund has filed, FTHI and OEI hold 46% of their money in the same securities at the same weight.
| Holding | FTHI | OEI |
|---|---|---|
| NVIDIA Corporation | 6.90% | 8.32% |
| Apple Inc. | 7.75% | 4.28% |
| Microsoft Corporation | 2.94% | 5.99% |
| Amazon.com, Inc. | 2.53% | 4.56% |
| Alphabet Inc. (Class A) | 2.41% | 3.48% |
| Broadcom Inc. | 2.01% | 3.04% |
| Alphabet Inc. (Class C) | 1.74% | 2.79% |
| JPMorgan Chase & Co. | 2.67% | 1.65% |
| Bank of America Corporation | 2.22% | 1.38% |
| Meta Platforms, Inc. (Class A) | 1.31% | 2.18% |
| Cisco Systems, Inc. | 1.26% | 1.54% |
| Costco Wholesale Corporation | 1.74% | 1.12% |
| Only in FTHI | Only in OEI |
|---|---|
| US Dollar 5.90% | Berkshire Hathaway Inc 1.60% |
| Dell Technologies Inc. (Class C) 2.52% | Mastercard Inc 1.57% |
| ASML Holding N.V. (New York Registry Shares) 2.17% | Home Depot Inc/The 1.17% |
| Fortinet, Inc. 1.25% | Visa Inc 1.15% |
| Linde Plc 1.11% | UnitedHealth Group Inc 1.13% |
| Coca-Cola European Partners Plc 1.00% | Procter & Gamble Co/The 1.07% |
| TransDigm Group Incorporated 0.90% | Thermo Fisher Scientific Inc 0.90% |
| Union Pacific Corporation 0.90% | Realty Income Corp 0.85% |
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 | |||
|---|---|---|---|---|---|---|
| FTHI | OEI | FTHI | OEI | FTHI | OEI | |
| 3 months | +1.7% | +4.8% | 2.2% | 2.3% | −0.6 pts | +2.5 pts |
| 6 months | +9.8% | +12.5% | 4.6% | 4.9% | −8.2 pts | −5.6 pts |
| 1 year | +9.7% | not published | 8.9% | not published | −6.9 pts | not published |
| 3 years | +47.9% | not published | 28.9% | not published | −30.5 pts | not published |
| Since launch | +156.3% | +14.4% | 82.6% | 8.6% | −257.8 pts | −0.9 pts |
| FTHI First Trust BuyWrite Income ETF Covered call on SPY, paying monthly | OEI Optimized Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Core Alternative |
| Strategy | covered call | 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 | 9.0% | 9.2% |
| Expense ratio | 0.75% | 1.02% |
| Cash paid, 1 year | 8.9% | 8.6% (since launch on Oct 22, 2025) |
| Price change, 1 year | +0.3% | +5.2% |
| Total return, 1 year | +9.7% | +14.4% (since launch on Oct 22, 2025) |
| Benchmark return, 1 year | +16.6% | +15.3% |
| Ahead or behind | −6.9 pts | −0.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 4637 days | 331 days |
| Net assets | $2.5bn | $46m |
FTHI in plain words
Over the year to Sep 18, 2026, FTHI paid 8.9% of its starting value in cash distributions while its price rose 0.3%. With every distribution reinvested, the fund returned +9.7%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 6.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.0%, 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, FTHI or OEI?
- FTHI charges 0.75% a year and OEI charges 1.02%, so FTHI 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, FTHI against OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fthi-vs-oei Free to use with attribution; the underlying files are at Open data.