Data as of .
KNG vs OEI: which paid, and which earned it?
KNG and OEI both write options for income.
What they hold in common
By the books each fund has filed, KNG and OEI hold 15% of their money in the same securities at the same weight.
| Holding | KNG | OEI |
|---|---|---|
| Johnson & Johnson | 1.85% | 2.10% |
| ExxonMobil Holdings Corp. | 1.54% | 2.07% |
| AbbVie Inc. | 1.52% | 1.57% |
| Chevron Corporation | 1.58% | 1.31% |
| Walmart Inc. | 1.71% | 1.13% |
| The Procter & Gamble Company | 1.72% | 1.07% |
| Caterpillar Inc. | 1.32% | 1.04% |
| The Coca-Cola Company | 1.56% | 0.89% |
| Realty Income Corporation | 1.27% | 0.85% |
| Abbott Laboratories | 1.49% | 0.66% |
| PepsiCo, Inc. | 1.39% | 0.66% |
| McDonald's Corporation | 1.37% | 0.64% |
| Only in KNG | Only in OEI |
|---|---|
| Nucor Corporation 1.85% | NVIDIA Corp 8.32% |
| West Pharmaceutical Services, Inc. 1.77% | Microsoft Corp 5.99% |
| Chubb Limited 1.74% | Amazon.com Inc 4.56% |
| Becton, Dickinson and Company 1.72% | Apple Inc 4.28% |
| Archer-Daniels-Midland Company 1.71% | Alphabet Inc 3.48% |
| FactSet Research Systems Inc. 1.69% | Broadcom Inc 3.04% |
| Target Corporation 1.67% | Alphabet Inc 2.79% |
| Aflac Incorporated 1.65% | Micron Technology Inc 2.57% |
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 | |||
|---|---|---|---|---|---|---|
| KNG | OEI | KNG | OEI | KNG | OEI | |
| 3 months | +1.8% | +4.8% | 2.2% | 2.3% | −0.1 pts | +2.5 pts |
| 6 months | +7.1% | +12.5% | 4.4% | 4.9% | −0.9 pts | −5.6 pts |
| 1 year | +8.3% | not published | 8.5% | not published | −1.6 pts | not published |
| 3 years | +24.0% | not published | 25.4% | not published | −4.3 pts | not published |
| Since launch | +101.5% | +14.4% | 59.4% | 8.6% | −15.2 pts | −0.9 pts |
| KNG FT Vest S&P 500 Dividend Aristocrats Target Income ETF Dividend stocks with call overlay on NOBL, paying monthly | OEI Optimized Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Core Alternative |
| Strategy | dividend stocks with call overlay | option income |
| Benchmark | S&P 500 Dividend Aristocrats (NOBL) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.8% | 9.2% |
| Expense ratio | 0.74% | 1.02% |
| Cash paid, 1 year | 8.5% | 8.6% (since launch on Oct 22, 2025) |
| Price change, 1 year | −0.4% | +5.2% |
| Total return, 1 year | +8.3% | +14.4% (since launch on Oct 22, 2025) |
| Benchmark return, 1 year | +9.9% | +15.3% |
| Ahead or behind | −1.6 pts | −0.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 3097 days | 331 days |
| Net assets | $3.3bn | $46m |
KNG in plain words
Over the year to Sep 18, 2026, KNG paid 8.5% of its starting value in cash distributions while its price fell 0.4%. With every distribution reinvested, the fund returned +8.3%. S&P 500 Dividend Aristocrats (NOBL) returned +9.9% over the same days, so a holder was behind by 1.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.8%, 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, KNG or OEI?
- KNG charges 0.74% a year and OEI charges 1.02%, so KNG 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, KNG against OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/kng-vs-oei Free to use with attribution; the underlying files are at Open data.