Data as of .
GIAX vs OVF: which paid, and which earned it?
Over the year GIAX paid 23.4% of its price in cash against OVF’s 11.5%, though OVF returned more with it reinvested.
ETFIQ Return Stability Score: OVF 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, GIAX and OVF hold 0% of their money in the same securities at the same weight.
| Only in GIAX | Only in OVF |
|---|---|
| Vanguard FTSE Developed Market 9.41% | iShares Core MSCI EAFE ETF 74.87% |
| Freedom 100 Emerging Markets E 8.58% | iShares Core MSCI Emerging Mar 25.13% |
| Vanguard Small-Cap ETF 7.23% | |
| Vanguard S&P 500 ETF 6.90% | |
| Vanguard Mid-Cap Growth ETF 5.67% | |
| Nebius Group NV 4.66% | |
| Alphabet Inc 4.59% | |
| Robinhood Markets Inc 4.29% |
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 Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GIAX | OVF | GIAX | OVF | GIAX | OVF | |
| 3 months | −5.1% | −0.6% | 5.8% | 2.5% | −6.1 pts | −1.1 pts |
| 6 months | +25.3% | +16.0% | 13.4% | 5.7% | +7.9 pts | +2.1 pts |
| 1 year | +15.4% | +20.8% | 23.4% | 11.5% | −2.1 pts | +4.5 pts |
| 3 years | not published | +74.3% | not published | 26.1% | not published | +12.3 pts |
| Since launch | +34.6% | +84.2% | 45.3% | 39.8% | −11.8 pts | −15.8 pts |
| GIAX Nicholas Global Equity and Income ETF Option income on ACWI, paying weekly | OVF Overlay Shares Foreign Equity ETF Put-selling overlay on EFA, paying monthly | |
|---|---|---|
| Issuer | Nicholas | Overlay Shares |
| Strategy | option income | put-selling overlay |
| Benchmark | All-country world (ACWI) | developed markets outside the US (EFA) |
| Pays | weekly | monthly |
| Payout rate, annualized | 23.2% | 10.4% |
| Expense ratio | 1.03% | not published |
| Cash paid, 1 year | 23.4% | 11.5% |
| Price change, 1 year | −10.5% | +8.3% |
| Total return, 1 year | +15.4% | +20.8% |
| Benchmark return, 1 year | +17.6% | +16.3% |
| Ahead or behind | −2.1 pts | +4.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 780 days | 2544 days |
| Net assets | $86m | $41m |
GIAX in plain words
Over the year to Sep 18, 2026, GIAX paid 23.4% of its starting value in cash distributions while its price fell 10.5%. With every distribution reinvested, the fund returned +15.4%. All-country world (ACWI) returned +17.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 23.2%, paid weekly.
OVF in plain words
Over the year to Sep 18, 2026, OVF paid 11.5% of its starting value in cash distributions while its price rose 8.3%. With every distribution reinvested, the fund returned +20.8%. developed markets outside the US (EFA) returned +16.3% over the same days, so a holder was ahead by 4.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.4%, paid monthly.
Questions people ask
- Which paid more, GIAX or OVF?
- Over the year to Sep 18, 2026, GIAX paid 23.4% of its starting price in cash and OVF paid 11.5%, so GIAX paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, GIAX or OVF?
- With every distribution reinvested, GIAX returned +15.4% and OVF returned +20.8% over the year to Sep 18, 2026, so OVF 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, GIAX against OVF, data as of Sep 18, 2026. https://etfiq.com/compare/income/giax-vs-ovf Free to use with attribution; the underlying files are at Open data.