Data as of .
HEMI vs OEI: which paid, and which earned it?
HEMI and OEI both write options for income.
What they hold in common
By the books each fund has filed, HEMI and OEI hold 52% of their money in the same securities at the same weight.
| Holding | HEMI | OEI |
|---|---|---|
| NVIDIA Corp | 9.11% | 8.32% |
| Microsoft Corp | 5.72% | 5.99% |
| Amazon.com Inc | 5.73% | 4.56% |
| Apple Inc | 5.86% | 4.28% |
| Alphabet Inc | 7.69% | 3.48% |
| Broadcom Inc | 4.02% | 3.04% |
| Meta Platforms Inc | 2.66% | 2.18% |
| Eli Lilly & Co | 2.13% | 1.80% |
| JPMorgan Chase & Co | 2.42% | 1.65% |
| Mastercard Inc | 2.04% | 1.57% |
| Advanced Micro Devices Inc | 1.89% | 1.56% |
| Micron Technology Inc | 1.15% | 2.57% |
| Only in HEMI | Only in OEI |
|---|---|
| KLA Corp 1.39% | Alphabet Inc 2.79% |
| Intercontinental Exchange Inc 1.28% | Johnson & Johnson 2.10% |
| Welltower Inc 1.26% | ExxonMobil Holdings Corp 2.07% |
| AutoZone Inc 1.21% | Booking Holdings Inc 1.89% |
| Marriott International Inc/MD 1.12% | Berkshire Hathaway Inc 1.60% |
| ITT Inc 1.12% | AbbVie Inc 1.57% |
| Linde PLC 1.11% | Bank of America Corp 1.38% |
| Corning Inc 1.03% | Intel Corp 1.34% |
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 Apr 30, 2026 and Jul 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| HEMI | OEI | HEMI | OEI | HEMI | OEI | |
| 3 months | +0.8% | +4.8% | 2.2% | 2.3% | −1.5 pts | +2.5 pts |
| 6 months | +13.6% | +12.5% | 4.9% | 4.9% | −4.5 pts | −5.6 pts |
| Since launch | +11.2% | +14.4% | 6.0% | 8.6% | −3.4 pts | −0.9 pts |
| HEMI Hartford Equity Premium Income ETF Covered call on SPY, paying monthly | OEI Optimized Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Hartford | Core Alternative |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.1% | 9.2% |
| Expense ratio | 0.49% | 1.02% |
| Cash paid, 1 year | 6.0% (since launch on Dec 17, 2025) | 8.6% (since launch on Oct 22, 2025) |
| Price change, 1 year | +4.9% | +5.2% |
| Total return, 1 year | +11.2% (since launch on Dec 17, 2025) | +14.4% (since launch on Oct 22, 2025) |
| Benchmark return, 1 year | +14.7% | +15.3% |
| Ahead or behind | −3.4 pts | −0.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 275 days | 331 days |
| Net assets | $33m | $46m |
HEMI in plain words
Over the period since launch on Dec 17, 2025 to Sep 18, 2026, HEMI paid 6.0% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.2%. S&P 500 (SPY) returned +14.7% over the same days, so a holder was behind by 3.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.1%, 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, HEMI or OEI?
- HEMI charges 0.49% a year and OEI charges 1.02%, so HEMI 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, HEMI against OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/hemi-vs-oei Free to use with attribution; the underlying files are at Open data.