Data as of Nov 12, 2026.

Share
Share on XDownload as PDF
vsOpen in the appaskIQ about these two fundsAsk the committee about these two funds
Income ETFs

CDPI vs OVQ: Dividend Yield & Total Return

CDPI and OVQ both write options for income.

askIQ about this page

askIQ about CDPI and OVQ

Columbia High Dividend Premium Income ETF and Overlay Shares Nasdaq 100 Income ETF.

Return gap
–
no data for this window
Fee gap
0.52 pts
A year: CDPI 0.45%, OVQ 0.97%, per filings dated May 22, 2026 and Oct 20, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

CDPI costs 0.52 points a year less.

Points (pts) are percentage points.

CDPI vs OVQ: Dividend Yield & Total Return
MeasureCDPIOVQ
Paid and earned
Price changefell 0.4% (since Jul 14, 2026)fell 2.9% (since Oct 23, 2026)
Return of capital, issuer estimate75% of the Nov 4, 2026 payment
Cost and size
Expense ratio0.45%0.97%
Holdings
Holdings in commonnot published

Method

Key numbers
1.5%
CDPI cash paid, since launch, Jul 14, 2026
0.0%
OVQ cash paid, since launch, Oct 23, 2026
+1.1%
CDPI total return, since launch, Jul 14, 2026
−2.9%
OVQ total return, since launch, Oct 23, 2026
CDPI · since launch to Nov 12, 2026 Not measured
CDPI
+1.1%
none

Not measured

CDPI since launch: paid 1.5%, price −0.4%, total +1.1%, not measured against a benchmark. Data to Nov 12, 2026.

CDPI

+1.1%

1.5% as cash

Total return, distributions reinvested

Not measured

CDPI since launch: paid 1.5%, price −0.4%, total +1.1%, not measured against a benchmark. Data to Nov 12, 2026.

CDPI

+1.1%

1.5% of it arrived as cash. Total return, distributions reinvested. CDPI since launch: paid 1.5%, price −0.4%, total +1.1%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.
OVQ · since launch to Nov 12, 2026 Not measured
OVQ
−2.9%
none

Not measured

OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.

OVQ

−2.9%

Total return, distributions reinvested

Not measured

OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.

OVQ

−2.9%

0.0% of it arrived as cash. Both charts share one scale, with zero at the line. OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

CDPI Columbia High Dividend Premium Income ETF · Covered call, paying monthly OVQ Overlay Shares Nasdaq 100 Income ETF · Put-selling overlay
Strategy covered call put-selling overlay
Benchmark not set not set
Pays monthly not established
Payout rate, annualized 8.0% not published
Expense ratio 0.45% 0.97%
Cash paid, 1 year 1.5% (since launch, Jul 14, 2026) 0.0% (since launch, Oct 23, 2026)
Price change, 1 year −0.4% (since launch, Jul 14, 2026) −2.9% (since launch, Oct 23, 2026)
Total return, 1 year +1.1% (since launch, Jul 14, 2026) −2.9% (since launch, Oct 23, 2026)
Benchmark return, 1 year not published not published
Ahead or behind not available not available
Return of capital, latest estimate 75% not published
Age 121 days 20 days
Net assets not read by ETFIQ not read by ETFIQ

As of Nov 12, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: CDPI vs OVQ: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowCDPIOVQCDPIOVQCDPIOVQ
3 months−0.4%–1.5%–not measured–
Since launchNot the same days: CDPI Jul 2026 · OVQ Oct 2026+1.1%−2.9%1.5%0.0%not measurednot measured

– means no data for this window. Open this comparison in the app →

Alert

The week's ETF fund flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
CDPI

Over the period from its first trade on Jul 14, 2026 to Nov 12, 2026, CDPI paid 1.5% of its starting value in cash distributions while its price fell 0.4%. With every distribution reinvested, the fund returned +1.1%. At its price on Nov 12, 2026 the latest distribution annualizes to 8.0%, paid monthly. Columbia estimates that 75% of the distribution paid Nov 4, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

OVQ

Over the period from its first trade on Oct 23, 2026 to Nov 12, 2026, OVQ paid 0.0% of its starting value in cash distributions while its price fell 2.9%. With every distribution reinvested, the fund returned −2.9%.

Questions people ask

Which is cheaper, CDPI or OVQ?
CDPI charges 0.45% a year and OVQ charges 0.97%, so CDPI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, CDPI against OVQ, data as of Nov 12, 2026. https://etfiq.com/compare/income/cdpi-vs-ovq

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.