Data as of Nov 4, 2026.
IVVW vs ODTE: Dividend Yield & Total Return
IVVW and ODTE both write options for income.
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Net assets: $349m on Nov 4, 2026 for iShares IVV Premium Income+ ETF, and $2.1m on Nov 3, 2026 for VegaShares SPX NDX RTY Premium Income ETF.
About even with SPY
IVVW over 1 year: paid 17.5%, price −4.1%, total +14.8%, SPY +14.8%, 0.0 pts. Data to Nov 4, 2026.
SPY
+14.8%
IVVW
+14.8%
17.5% of it arrived as cash
about even with SPY
Total return, distributions reinvested
About even with SPY
IVVW over 1 year: paid 17.5%, price −4.1%, total +14.8%, SPY +14.8%, 0.0 pts. Data to Nov 4, 2026.
SPY
+14.8%
IVVW
+14.8%
17.5% as cash
about even with SPY
17.5% of it arrived as cash. Total return, distributions reinvested. IVVW over 1 year: paid 17.5%, price −4.1%, total +14.8%, SPY +14.8%, 0.0 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Not measured
ODTE since launch: paid 8.3%, price −3.5%, total +4.5%, not measured against a benchmark. Data to Nov 4, 2026.
ODTE
+4.5%
8.3% of it arrived as cash
Total return, distributions reinvested
Not measured
ODTE since launch: paid 8.3%, price −3.5%, total +4.5%, not measured against a benchmark. Data to Nov 4, 2026.
ODTE
+4.5%
8.3% of it arrived as cash. Both charts share one scale, with zero at the line. ODTE since launch: paid 8.3%, price −3.5%, total +4.5%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
IVVW costs 0.43 points a year less; IVVW is far larger, $344m against $2.1m.
Points (pts) are percentage points.
| Measure | IVVW | ODTE |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +14.8% | not published |
| Price change | fell 4.1% (1 year) | fell 7.1% (3 months) |
| Return of capital, issuer estimate | 49% of the Oct 7, 2026 payment | 100% of the Oct 30, 2026 payment |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | its own holdings |
| Against its benchmark, same days | behind by 0.9 pts | |
| Cost and size | ||
| Expense ratio | 0.25% | 0.68% |
| Net assets, as of Nov 3, 2026 | $344m | $2.1m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, IVVW and ODTE hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 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 | IVVW | ODTE | IVVW | ODTE | IVVW | ODTE |
| 3 months | +2.0% | −3.8% | 3.9% | 3.5% | +2.2 pts | −0.9 pts |
| 6 months | +8.0% | −5.4% | 7.8% | 6.7% | +3.0 pts | not measured |
| 1 year | +14.8% | – | 17.5% | – | 0.0 pts | – |
| Since launchNot the same days: IVVW Mar 2024 · ODTE Apr 2026 | +40.5% | +4.5% | 42.6% | 8.3% | −14.4 pts | not measured |
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IVVW
Over the year to Nov 4, 2026, IVVW paid 17.5% of its starting value in cash distributions while its price fell 4.1%. With every distribution reinvested, the fund returned +14.8%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 15.7%, paid monthly. iShares estimates that 49% of the distribution paid Oct 7, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
ODTE's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned −2.9% over the same days, so a holder was behind by 0.9 pts.
Over the 3 months to Nov 4, 2026, ODTE paid 3.5% of its starting value in cash distributions while its price fell 7.1%. With every distribution reinvested, the fund returned −3.8%. At its price on Nov 4, 2026 the latest distribution annualizes to 14.0%, paid weekly. VegaShares estimates that 100% of the distribution paid Oct 30, 2026 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, IVVW against ODTE, data as of Nov 4, 2026. https://etfiq.com/compare/income/ivvw-vs-odte
ETFIQ. (Nov 4, 2026). IVVW against ODTE. Retrieved from https://etfiq.com/compare/income/ivvw-vs-odte
[IVVW against ODTE (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/ivvw-vs-odte)
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