Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Income ETFs

DDDD vs OVLH: Dividend Yield & Total Return

Share
Share on XDownload as PDF

DDDD and OVLH both write options for income.

askIQ about this page

askIQ about DDDD and OVLH

Net assets: $7.8m on Nov 3, 2026 for YieldMax U.S. Stocks Target Double Distribution ETF, and $109m on Aug 31, 2026 for Overlay Shares Hedged Large Cap Equity ETF.

At a glance
3.4%
DDDD cash paid, since launch, Mar 12, 2026
0.3%
OVLH cash paid, 1 year
+17.1%
DDDD total return, since launch, Mar 12, 2026
+7.0%
OVLH total return, 1 year
DDDD · since launch to Nov 4, 2026 3.3 pts behind SCHD
DDDD
+17.1%
SCHD
+20.4%

3.3 pts behind SCHD

DDDD since launch: paid 3.4%, price +13.4%, total +17.1%, SCHD +20.4%, −3.3 pts. Data to Nov 4, 2026.

SCHD

+20.4%

DDDD

+17.1%

3.4% as cash

3.3 pts behind SCHD

Total return, distributions reinvested

3.3 pts behind SCHD

DDDD since launch: paid 3.4%, price +13.4%, total +17.1%, SCHD +20.4%, −3.3 pts. Data to Nov 4, 2026.

SCHD

+20.4%

DDDD

+17.1%

3.3 pts behind SCHD

3.4% of it arrived as cash. Total return, distributions reinvested. DDDD since launch: paid 3.4%, price +13.4%, total +17.1%, SCHD +20.4%, −3.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
OVLH · 1 year to Nov 4, 2026 7.8 pts behind VOO
OVLH
+7.0%
VOO
+14.8%

7.8 pts behind VOO

OVLH over 1 year: paid 0.3%, price +6.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.

VOO

+14.8%

OVLH

+7.0%

7.8 pts behind VOO

Total return, distributions reinvested

7.8 pts behind VOO

OVLH over 1 year: paid 0.3%, price +6.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.

VOO

+14.8%

OVLH

+7.0%

7.8 pts behind VOO

0.3% of it arrived as cash. Both charts share one scale, 0 to +20.4%. OVLH over 1 year: paid 0.3%, price +6.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +20.4%. Data to Nov 4, 2026.

Pair scorecard

OVLH costs 0.21 points a year less.

Points (pts) are percentage points.

DDDD vs OVLH: Dividend Yield & Total Return
MeasureDDDDOVLH
Paid and earned
Total return, 1 yearnot published+7.0%
Price changerose 13.4% (since Mar 12, 2026)rose 6.7% (1 year)
Return of capital, issuer estimate76% of the Oct 2, 2026 payment38% of the Dec 29, 2023 payment
Against its benchmark
BenchmarkUS dividend stocks, measured through SCHDVanguard S&P 500 ETF, measured through VOO
Cost and size
Expense ratio1.01%0.80%
Net assets, DDDD as of Nov 3, 2026 and OVLH as of Aug 31, 2026$7.8m$109m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, DDDD and OVLH hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first DDDD OVLH
Only in one fund ↓
Only in DDDD
Texas Instruments Inc 4.70%
Procter & Gamble Co 4.37%
Home Depot Inc 4.29%
Coca-Cola Co 4.18%
Amgen Inc 4.16%
Abbott Laboratories 4.02%
Chevron Corp 3.94%
QUALCOMM Inc 3.92%
Only in OVLH
Vanguard S&P 500 ETF 97.79%
Check overlap with more funds →

Side by side

DDDD YieldMax U.S. Stocks Target Double Distribution ETF · Synthetic covered call on SCHD OVLH Overlay Shares Hedged Large Cap Equity ETF · Put-selling overlay, hedged on VOO, paying annually
Strategy synthetic covered call put-selling overlay, hedged
Benchmark US dividend stocks (SCHD) Vanguard S&P 500 ETF (VOO)
Pays not established annual
Payout rate, annualized 18.3% 0.3%
Expense ratio 1.01% 0.80%
Cash paid, 1 year 3.4% (since launch, Mar 12, 2026) 0.3%
Price change, 1 year +13.4% (since launch, Mar 12, 2026) +6.7%
Total return, 1 year +17.1% (since launch, Mar 12, 2026) +7.0%
Benchmark return, 1 year +20.4% (since launch, Mar 12, 2026) +14.8%
Ahead or behind −3.3 pts (since launch, Mar 12, 2026) −7.8 pts
Return of capital, latest estimate 76% 38%
Age 237 days 5.8 years
Net assets, DDDD as of Nov 3, 2026 and OVLH as of Aug 31, 2026 $7.8m $109m

As of Nov 4, 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: DDDD vs OVLH: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowDDDDOVLHDDDDOVLHDDDDOVLH
3 months+7.5%−1.4%1.6%0.0%−1.0 pts−1.3 pts
6 months+13.6%+1.6%3.3%0.0%−2.6 pts−3.5 pts
1 year–+7.0%–0.3%–−7.8 pts
3 years–+58.6%–1.7%–−24.8 pts
Since launchNot the same days: DDDD Mar 2026 · OVLH Jan 2021+17.1%+73.9%3.4%3.2%−3.3 pts−47.2 pts

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

Alert

DDDD flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
DDDD

Over the period from its first trade on Mar 12, 2026 to Nov 4, 2026, DDDD paid 3.4% of its starting value in cash distributions while its price rose 13.4%. With every distribution reinvested, the fund returned +17.1%. US dividend stocks (SCHD) returned +20.4% over the same days, so a holder was behind by 3.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 18.3%, paid periodically. YieldMax estimates that 76% of the distribution paid Oct 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

OVLH

Over the year to Nov 4, 2026, OVLH paid 0.3% of its starting value in cash distributions while its price rose 6.7%. With every distribution reinvested, the fund returned +7.0%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 7.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 0.3%, paid annually. Overlay Shares estimates that 38% of the distribution paid Dec 29, 2023 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, DDDD or OVLH?
DDDD charges 1.01% a year and OVLH charges 0.80%, so OVLH is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, DDDD against OVLH, data as of Nov 4, 2026. https://etfiq.com/compare/income/dddd-vs-ovlh

Open data →

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