OPTZ vs VOO
Optimize Strategy Index ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. OPTZ delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | OPTZ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.03% | |
| AUM | $255M | $979.0B | |
| Dividend Yield | 0.42% | 1.09% | |
| Holdings | 336 | 509 | |
| YTD Return | +27.31% | +13.79% | |
| 1Y Return | +43.69% | +23.01% | |
| 3Y Return (annualized) | - | +21.78% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 19.3% | 14.1% | |
| Max Drawdown | -25.5% | -34.3% | |
| Fund Family | Optimize Financial | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 23, 2024 | Sep 7, 2010 |
OPTZ vs VOO Performance
Optimize Strategy Index ETF (OPTZ) is a ETF from Optimize Financial and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year OPTZ returned +43.69% while VOO returned +23.01%. Year to date, OPTZ is up 27.31% versus a gain of 13.79% for VOO.
Risk: Volatility and Drawdowns
OPTZ has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -25.5% for OPTZ and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OPTZ charges 0.25% per year while VOO charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, OPTZ currently yields 0.42% against 1.09% for VOO.
Holdings Overlap
OPTZ and VOO share 140 holdings out of 699 unique holdings combined, representing a 23.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, OPTZ or VOO?
OPTZ has an expense ratio of 0.25% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, OPTZ or VOO?
Over the past year OPTZ returned +43.69% vs +23.01% for VOO, so OPTZ leads on 1-year performance. Over the longest common window we track (2 years), OPTZ annualized +30.58% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, OPTZ or VOO?
OPTZ has been the more volatile fund at 19.3% annualized versus 14.1% for VOO. Worst drawdown: OPTZ -25.5% vs VOO -34.3%.
Should I hold both OPTZ and VOO?
OPTZ and VOO have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OPTZ and VOO?
OPTZ and VOO share 140 common holdings with a 23.1% weight overlap. Combined, they hold 699 unique securities.
Which pays a higher dividend, OPTZ or VOO?
OPTZ yields 0.42% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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