Data as of .
DDDD vs OVLH: which paid, and which earned it?
DDDD and OVLH both write options for income.
What they hold in common
By the books each fund has filed, DDDD and OVLH hold 0% of their money in the same securities at the same weight.
| Only in DDDD | Only in OVLH |
|---|---|
| Merck & Co Inc 4.93% | Vanguard S&P 500 ETF 100.00% |
| Abbott Laboratories 4.53% | |
| Amgen Inc 4.38% | |
| Coca-Cola Co/The 4.30% | |
| Chevron Corp 4.25% | |
| ConocoPhillips 4.07% | |
| Procter & Gamble Co/The 4.01% | |
| Verizon Communications Inc 3.96% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DDDD | OVLH | DDDD | OVLH | DDDD | OVLH | |
| 3 months | +4.9% | +0.5% | 1.6% | 0.0% | +2.6 pts | −1.7 pts |
| 6 months | +10.5% | +11.0% | 1.7% | 0.0% | −7.6 pts | −7.0 pts |
| 1 year | not published | +9.1% | not published | 0.3% | not published | −7.5 pts |
| 3 years | not published | +54.7% | not published | 1.7% | not published | −23.7 pts |
| Since launch | +8.7% | +73.7% | 1.6% | 3.1% | −6.5 pts | −45.2 pts |
| DDDD YieldMax(R) U.S. Stocks Target Double Distribution ETF Synthetic covered call on SPY | OVLH Overlay Shares Hedged Large Cap Equity ETF Put-selling overlay, hedged on SPY, paying annual | |
|---|---|---|
| Issuer | YieldMax | Overlay Shares |
| Strategy | synthetic covered call | put-selling overlay, hedged |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | not established | annual |
| Payout rate, annualized | 18.4% | 0.3% |
| Expense ratio | 1.01% | not published |
| Cash paid, 1 year | 1.6% (since launch on Mar 12, 2026) | 0.3% |
| Price change, 1 year | +7.0% | +8.8% |
| Total return, 1 year | +8.7% (since launch on Mar 12, 2026) | +9.1% |
| Benchmark return, 1 year | +15.3% | +16.6% |
| Ahead or behind | −6.5 pts | −7.5 pts |
| Return of capital, latest estimate | 67% | not published |
| Age | 190 days | 2072 days |
| Net assets | $7m | $116m |
DDDD in plain words
Over the period since launch on Mar 12, 2026 to Sep 18, 2026, DDDD paid 1.6% of its starting value in cash distributions while its price rose 7.0%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +15.3% over the same days, so a holder was behind by 6.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 18.4%, paid periodically. YieldMax estimates that 67% of the distribution paid Jul 6, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
OVLH in plain words
Over the year to Sep 18, 2026, OVLH paid 0.3% of its starting value in cash distributions while its price rose 8.8%. With every distribution reinvested, the fund returned +9.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 7.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 0.3%, paid annual.
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, DDDD against OVLH, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-ovlh Free to use with attribution; the underlying files are at Open data.