SABA vs OPTZ

Comparison between Saba Capital Income & Opportunities Fund II (SABA, ETF) and OPTIMIZE STRATEGY INDEX ETF (OPTZ, ETF).

SABA vs OPTZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SABA(ETF)	OPTZ(ETF)
Net Assets	$259M	$259M
Expense Ratio	N/A	0.25%
Max Drawdown	67.26%	25.98%
Sharpe Ratio	-0.41	1.44
5Y Beta	0.41	1.20
P/E Ratio	N/A	31.98
Forward P/E	N/A	14.24
5Y Dividends CAGR	9.48%	N/A
5Y EPS CAGR	N/A	24.50%
Debt to Equity	N/A	37.69%
P/S Ratio	N/A	1.57
P/B Ratio	N/A	3.98

Net Assets

SABA

$259M

Winner

OPTZ

$259M

Expense Ratio

SABA

N/A

OPTZ

0.25%

Max Drawdown

SABA

67.26%

Winner

OPTZ

25.98%

Sharpe Ratio

SABA

-0.41

Winner

OPTZ

1.44

5Y Beta

Winner

SABA

0.41

OPTZ

1.20

P/E Ratio

SABA

N/A

OPTZ

31.98

Forward P/E

SABA

N/A

OPTZ

14.24

5Y Dividends CAGR

SABA

9.48%

OPTZ

N/A

5Y EPS CAGR

SABA

N/A

OPTZ

24.50%

Debt to Equity

SABA

N/A

OPTZ

37.69%

P/S Ratio

SABA

N/A

OPTZ

1.57

P/B Ratio

SABA

N/A

OPTZ

3.98

SABA vs OPTZ - Historical Returns

Returns include dividend reinvestment.

Period	SABA	OPTZ
1 month	+0.21%	+1.30%
3 months	-0.55%	+2.19%
6 months	+4.90%	+17.82%
1 year	-3.07%	+36.86%
5 years(CAGR)	+3.71%	N/A
10 years(CAGR)	+2.82%	N/A
Max(CAGR)	+6.94%	+29.11%

SABA

+0.21%

Winner

OPTZ

+1.30%

SABA

-0.55%

Winner

OPTZ

+2.19%

SABA

+4.90%

Winner

OPTZ

+17.82%

SABA

-3.07%

Winner

OPTZ

+36.86%

5Y(CAGR)

SABA

+3.71%

OPTZ

N/A

10Y(CAGR)

SABA

+2.82%

OPTZ

N/A

Max(CAGR)

SABA

+6.94%

Winner

OPTZ

+29.11%

SABA vs OPTZ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SABA	OPTZ
2026	+4.34%	+25.68%
2025	-0.36%	+22.56%
2024	+30.60%	+16.81%
2023	-2.49%	N/A
2022	-10.03%	N/A
2021	+0.85%	N/A
2020	-6.97%	N/A
2019	+7.83%	N/A
2018	-1.09%	N/A
2017	+4.29%	N/A
2016	+7.19%	N/A
2015	-8.97%	N/A
2014	-1.42%	N/A
2013	-10.00%	N/A
2012	+8.19%	N/A
2011	-1.92%	N/A
2010	+28.24%	N/A
2009	+28.22%	N/A
2008	+5.53%	N/A
2007	+1.68%	N/A
2006	+27.46%	N/A
2005	-10.92%	N/A
2004	+15.00%	N/A
2003	+32.39%	N/A
2002	+30.60%	N/A
2001	+9.30%	N/A
2000	+14.21%	N/A
1999	-6.31%	N/A

SABA vs OPTZ Drawdown Comparison

The maximum drawdown for SABA was -32.40%, occurring on Mar 18, 2020. Recovery took 2975 trading sessions.

The maximum drawdown for OPTZ was -25.75%, occurring on Apr 8, 2025. Recovery took 152 trading sessions.

The current SABA drawdown is -4.10%. The current OPTZ drawdown is -8.31%.

Rank	SABA	OPTZ
#1	-32.40% Feb 1, 2013 - Nov 26, 2024	-25.75% Dec 4, 2024 - Jul 17, 2025
#2	-27.20% Mar 13, 2008 - May 8, 2009	-13.39% Jun 30, 2026 - Jul 29, 2026
#3	-22.25% Dec 29, 2003 - Oct 22, 2004	-10.63% Mar 2, 2026 - Apr 9, 2026
#4	-18.81% Aug 30, 2011 - Jan 8, 2013	-9.01% Jul 16, 2024 - Sep 19, 2024
#5	-18.65% Mar 8, 2005 - May 2, 2006	-7.35% Oct 27, 2025 - Dec 3, 2025
#6	-14.99% Jan 30, 2025 - Jun 16, 2025	-5.62% Jun 3, 2026 - Jun 12, 2026
#7	-13.59% Jul 25, 2007 - Sep 28, 2007	-4.32% Nov 11, 2024 - Nov 25, 2024
#8	-12.36% Jun 28, 2002 - Dec 13, 2002	-4.25% May 11, 2026 - May 22, 2026
#9	-11.95% Apr 20, 2010 - Jul 30, 2010	-4.08% Oct 6, 2025 - Oct 24, 2025
#10	-10.96% Nov 2, 1999 - Jun 26, 2000	-3.46% Jun 22, 2026 - Jun 30, 2026
#11	-10.59% Nov 8, 2007 - Jan 10, 2008	-3.40% Jul 28, 2025 - Aug 8, 2025
#12	-10.47% Aug 13, 2025 - Feb 6, 2026	-2.97% Dec 11, 2025 - Jan 6, 2026
#13	-10.17% May 27, 2003 - Oct 2, 2003	-2.64% Aug 13, 2025 - Aug 26, 2025
#14	-9.64% Oct 19, 2009 - Nov 20, 2009	-2.42% Aug 28, 2025 - Sep 11, 2025
#15	-9.53% Aug 3, 2011 - Aug 30, 2011	-2.25% Apr 24, 2026 - Apr 30, 2026

Correlation

Correlation between SABA and OPTZ is 0.63 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.63

-101

Dividend Comparison (1999 - 2026)

SABA vs OPTZ dividend yield comparison.

Year	SABA	OPTZ
2026	5.67%	0.00%
2025	9.65%	0.58%
2024	8.32%	0.32%
2023	11.43%	0.00%
2022	9.14%	0.00%
2021	7.19%	0.00%
2020	4.00%	0.00%
2019	6.68%	0.00%
2018	5.81%	0.00%
2017	4.44%	0.00%
2016	4.63%	0.00%
2015	4.72%	0.00%
2014	9.27%	0.00%
2013	8.43%	0.00%
2012	7.98%	0.00%
2011	12.28%	0.00%
2010	12.58%	0.00%
2009	5.31%	0.00%
2008	17.28%	0.00%
2007	12.69%	0.00%
2006	9.37%	0.00%
2005	9.87%	0.00%
2004	6.30%	0.00%
2003	5.71%	0.00%
2002	7.66%	0.00%
2001	9.26%	0.00%
2000	8.89%	0.00%
1999	1.70%	0.00%