Data as of .
KYLD vs OVLH: which paid, and which earned it?
KYLD and OVLH both write options for income.
What they hold in common
By the books each fund has filed, KYLD and OVLH hold 0% of their money in the same securities at the same weight.
| Only in KYLD | Only in OVLH |
|---|---|
| TREASURY BILL 12.96% | Vanguard S&P 500 ETF 100.00% |
| TREASURY BILL 11.01% | |
| Global X Silver Miners ETF 7.09% | |
| VanEck Gold Miners ETF/USA 6.38% | |
| Advanced Micro Devices Inc 6.21% | |
| Intel Corp 6.19% | |
| Howmet Aerospace Inc 5.97% | |
| Teradyne Inc 5.77% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| KYLD | OVLH | KYLD | OVLH | KYLD | OVLH | |
| 3 months | −6.3% | +0.5% | 5.6% | 0.0% | −8.5 pts | −1.7 pts |
| 6 months | +24.4% | +11.0% | 14.1% | 0.0% | +6.4 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 | +2.0% | +73.7% | 20.9% | 3.1% | −10.9 pts | −45.2 pts |
| KYLD Kurv High Income ETF Option income on SPY, paying weekly | OVLH Overlay Shares Hedged Large Cap Equity ETF Put-selling overlay, hedged on SPY, paying annual | |
|---|---|---|
| Issuer | Kurv | Overlay Shares |
| Strategy | option income | put-selling overlay, hedged |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | weekly | annual |
| Payout rate, annualized | 25.6% | 0.3% |
| Expense ratio | 1.00% | not published |
| Cash paid, 1 year | 20.9% (since launch on Oct 31, 2025) | 0.3% |
| Price change, 1 year | −20.5% | +8.8% |
| Total return, 1 year | +2.0% (since launch on Oct 31, 2025) | +9.1% |
| Benchmark return, 1 year | +12.9% | +16.6% |
| Ahead or behind | −10.9 pts | −7.5 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 322 days | 2072 days |
| Net assets | $49m | $116m |
KYLD in plain words
Over the period since launch on Oct 31, 2025 to Sep 18, 2026, KYLD paid 20.9% of its starting value in cash distributions while its price fell 20.5%. With every distribution reinvested, the fund returned +2.0%. S&P 500 (SPY), used as a default proxy returned +12.9% over the same days, so a holder was behind by 10.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.6%, paid weekly. Kurv estimates that 100% of the distribution paid Sep 3, 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, KYLD against OVLH, data as of Sep 18, 2026. https://etfiq.com/compare/income/kyld-vs-ovlh Free to use with attribution; the underlying files are at Open data.