# Optimal Tax Managed Equity ETF (OTAX) — Overview

OTAX · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/otax

## Price

Last close $49.83 on Oct 15, 2026. 52-week range $49.39 – $51.01.

## Fund profile

OTAX is a broad exposure equity ETF designed for advisers, by advisers, to be a complete equity allocation—with ETF structural tax efficiency—in a single purchase.

| Metric | Value |
| --- | --- |
| Issuer | Empowered Funds, LLC |
| Industry | — |
| Inception | Aug 25, 2026 |
| Assets under management | $70.9M |
| Expense ratio | 0.58% |
| Net asset value | $49.76 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Optimal Tax Managed Equity ETF (OTAX)?

OTAX is a broad exposure equity ETF designed for advisers, by advisers, to be a complete equity allocation—with ETF structural tax efficiency—in a single purchase.

### What is OTAX's expense ratio?

Optimal Tax Managed Equity ETF charges an annual expense ratio of 0.58%. The fund is issued by Empowered Funds, LLC.

### How large is OTAX?

Optimal Tax Managed Equity ETF manages $70.9M in assets and has traded since Aug 25, 2026.

### How do I buy shares of Optimal Tax Managed Equity ETF (OTAX)?

OTAX trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).