Data as of .
FTHI vs OVL: which paid, and which earned it?
Over the year OVL paid 8.9% of its price in cash against FTHI’s 8.9%, and returned more with it reinvested.
ETFIQ Return Stability Score: OVL scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, FTHI and OVL hold 0% of their money in the same securities at the same weight.
| Only in FTHI | Only in OVL |
|---|---|
| Apple Inc. 7.75% | Vanguard S&P 500 ETF 100.00% |
| NVIDIA Corporation 6.90% | |
| US Dollar 5.90% | |
| Microsoft Corporation 2.94% | |
| JPMorgan Chase & Co. 2.67% | |
| Amazon.com, Inc. 2.53% | |
| Dell Technologies Inc. (Class C) 2.52% | |
| Alphabet Inc. (Class A) 2.41% |
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 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FTHI | OVL | FTHI | OVL | FTHI | OVL | |
| 3 months | +1.7% | +2.3% | 2.2% | 2.6% | −0.6 pts | 0.0 pts |
| 6 months | +9.8% | +18.8% | 4.6% | 5.7% | −8.2 pts | +0.7 pts |
| 1 year | +9.7% | +19.2% | 8.9% | 8.9% | −6.9 pts | +2.6 pts |
| 3 years | +47.9% | +86.2% | 28.9% | 21.1% | −30.5 pts | +7.8 pts |
| Since launch | +156.3% | +203.4% | 82.6% | 47.2% | −257.8 pts | +16.1 pts |
| FTHI First Trust BuyWrite Income ETF Covered call on SPY, paying monthly | OVL Overlay Shares Large Cap Equity ETF Put-selling overlay on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Overlay Shares |
| Strategy | covered call | put-selling overlay |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.0% | 10.4% |
| Expense ratio | 0.75% | not published |
| Cash paid, 1 year | 8.9% | 8.9% |
| Price change, 1 year | +0.3% | +9.4% |
| Total return, 1 year | +9.7% | +19.2% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −6.9 pts | +2.6 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 4637 days | 2544 days |
| Net assets | $2.5bn | $276m |
FTHI in plain words
Over the year to Sep 18, 2026, FTHI paid 8.9% of its starting value in cash distributions while its price rose 0.3%. With every distribution reinvested, the fund returned +9.7%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 6.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.0%, paid monthly.
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.
Questions people ask
- Which paid more, FTHI or OVL?
- Over the year to Sep 18, 2026, FTHI paid 8.9% of its starting price in cash and OVL paid 8.9%, so OVL paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, FTHI or OVL?
- With every distribution reinvested, FTHI returned +9.7% and OVL returned +19.2% over the year to Sep 18, 2026, so OVL returned more.
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, FTHI against OVL, data as of Sep 18, 2026. https://etfiq.com/compare/income/fthi-vs-ovl Free to use with attribution; the underlying files are at Open data.