Data as of Nov 4, 2026.
HEMI vs OVLH: Dividend Yield & Total Return
HEMI and OVLH both write options for income.
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Net assets: $35m on Jul 31, 2026 for Hartford Equity Premium Income ETF, and $109m on Aug 31, 2026 for Overlay Shares Hedged Large Cap Equity ETF.
Not measured
HEMI since launch: paid 7.6%, price +4.6%, total +12.6%, not measured against a benchmark. Data to Nov 4, 2026.
HEMI
+12.6%
7.6% of it arrived as cash
Total return, distributions reinvested
Not measured
HEMI since launch: paid 7.6%, price +4.6%, total +12.6%, not measured against a benchmark. Data to Nov 4, 2026.
HEMI
+12.6%
7.6% cash
7.6% of it arrived as cash. Total return, distributions reinvested. HEMI since launch: paid 7.6%, price +4.6%, total +12.6%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.7.8 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 +14.8%. 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 +14.8%. Data to Nov 4, 2026.Pair scorecard
HEMI costs 0.31 points a year less.
Points (pts) are percentage points.
| Measure | HEMI | OVLH |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +7.0% |
| Price change | fell 0.4% (6 months) | rose 6.7% (1 year) |
| Return of capital, issuer estimate | 99% of the Oct 29, 2026 payment | 38% of the Dec 29, 2023 payment |
| Against its benchmark | ||
| Benchmark | its own stocks | Vanguard S&P 500 ETF, measured through VOO |
| Cost and size | ||
| Expense ratio | 0.49% | 0.80% |
| Net assets, HEMI as of Jul 31, 2026 and OVLH as of Aug 31, 2026 | $35m | $109m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, HEMI and OVLH hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | HEMI | OVLH | HEMI | OVLH | HEMI | OVLH |
| 3 months | +0.3% | −1.4% | 2.2% | 0.0% | 0.0 pts | −1.3 pts |
| 6 months | +4.0% | +1.6% | 4.4% | 0.0% | −0.4 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: HEMI Dec 2025 · OVLH Jan 2021 | +12.6% | +73.9% | 7.6% | 3.2% | not measured | −47.2 pts |
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HEMI's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned +4.4% over the same days, so a holder was about even.
Over the 6 months to Nov 4, 2026, HEMI paid 4.4% of its starting value in cash distributions while its price fell 0.4%. With every distribution reinvested, the fund returned +4.0%. At its price on Nov 4, 2026 the latest distribution annualizes to 8.6%, paid monthly. Hartford estimates that 99% of the distribution paid Oct 29, 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
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, HEMI against OVLH, data as of Nov 4, 2026. https://etfiq.com/compare/income/hemi-vs-ovlh
ETFIQ. (Nov 4, 2026). HEMI against OVLH. Retrieved from https://etfiq.com/compare/income/hemi-vs-ovlh
[HEMI against OVLH (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/hemi-vs-ovlh)
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