Data as of .
CDPI vs OVL: which paid, and which earned it?
CDPI and OVL both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CDPI | OVL | CDPI | OVL | CDPI | OVL | |
| 3 months | not published | +2.3% | not published | 2.6% | not published | 0.0 pts |
| 6 months | not published | +18.8% | not published | 5.7% | not published | +0.7 pts |
| 1 year | not published | +19.2% | not published | 8.9% | not published | +2.6 pts |
| 3 years | not published | +86.2% | not published | 21.1% | not published | +7.8 pts |
| Since launch | +0.5% | +203.4% | 0.7% | 47.2% | −4.1 pts | +16.1 pts |
| CDPI Columbia High Dividend Premium Income ETF Covered call on SCHD | OVL Overlay Shares Large Cap Equity ETF Put-selling overlay on SPY, paying monthly | |
|---|---|---|
| Issuer | Columbia | Overlay Shares |
| Strategy | covered call | put-selling overlay |
| Benchmark | US dividend stocks (SCHD), used as the dividend proxy | S&P 500 (SPY) |
| Pays | not established | monthly |
| Payout rate, annualized | 8.2% | 10.4% |
| Expense ratio | 0.45% | not published |
| Cash paid, 1 year | 0.7% (since launch on Jul 14, 2026) | 8.9% |
| Price change, 1 year | −0.2% | +9.4% |
| Total return, 1 year | +0.5% (since launch on Jul 14, 2026) | +19.2% |
| Benchmark return, 1 year | +4.6% | +16.6% |
| Ahead or behind | −4.1 pts | +2.6 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 66 days | 2544 days |
| Net assets | not published | $276m |
CDPI in plain words
Over the period since launch on Jul 14, 2026 to Sep 18, 2026, CDPI paid 0.7% of its starting value in cash distributions while its price fell 0.2%. With every distribution reinvested, the fund returned +0.5%. US dividend stocks (SCHD), used as the dividend proxy returned +4.6% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.2%, paid periodically.
OVL in plain words
Over the year to Sep 18, 2026, OVL paid 8.9% of its starting value in cash distributions while its price rose 9.4%. With every distribution reinvested, the fund returned +19.2%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 2.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.4%, paid monthly.
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, CDPI against OVL, data as of Sep 18, 2026. https://etfiq.com/compare/income/cdpi-vs-ovl Free to use with attribution; the underlying files are at Open data.