Data as of Nov 12, 2026.

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Income ETFs

MPIM vs OVQ: Dividend Yield & Total Return

MPIM and OVQ both write options for income.

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m+ Income Momentum Autocall ETF and Overlay Shares Nasdaq 100 Income ETF.

Return gap
–
no data for this window
Fee gap
0.27 pts
A year: MPIM 0.70%, OVQ 0.97%, per filings dated Aug 7, 2026 and Oct 20, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

MPIM costs 0.27 points a year less.

Points (pts) are percentage points.

MPIM vs OVQ: Dividend Yield & Total Return
MeasureMPIMOVQ
Paid and earned
Price changefell 12.8% (since Aug 12, 2026)fell 2.9% (since Oct 23, 2026)
Cost and size
Expense ratio0.70%0.97%
Holdings
Holdings in commonnot published

Method

Key numbers
3.0%
MPIM cash paid, since launch, Aug 12, 2026
0.0%
OVQ cash paid, since launch, Oct 23, 2026
−10.0%
MPIM total return, since launch, Aug 12, 2026
−2.9%
OVQ total return, since launch, Oct 23, 2026
MPIM · since launch to Nov 12, 2026 Not measured
MPIM
−10.0%
none

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

Total return, distributions reinvested

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

3.0% of it arrived as cash. Total return, distributions reinvested. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.
OVQ · since launch to Nov 12, 2026 Not measured
OVQ
−2.9%
none

Not measured

OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.

OVQ

−2.9%

Total return, distributions reinvested

Not measured

OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.

OVQ

−2.9%

0.0% of it arrived as cash. Both charts share one scale, with zero at the line. OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

MPIM m+ Income Momentum Autocall ETF · Autocallable OVQ Overlay Shares Nasdaq 100 Income ETF · Put-selling overlay
Strategy autocallable put-selling overlay
Benchmark not set not set
Pays not established not established
Payout rate, annualized 17.0% not published
Expense ratio 0.70% 0.97%
Cash paid, 1 year 3.0% (since launch, Aug 12, 2026) 0.0% (since launch, Oct 23, 2026)
Price change, 1 year −12.8% (since launch, Aug 12, 2026) −2.9% (since launch, Oct 23, 2026)
Total return, 1 year −10.0% (since launch, Aug 12, 2026) −2.9% (since launch, Oct 23, 2026)
Benchmark return, 1 year not published not published
Ahead or behind not available not available
Return of capital, latest estimate not published not published
Age 92 days 20 days
Net assets not read by ETFIQ not read by ETFIQ

As of Nov 12, 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

Window by window: MPIM vs OVQ: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowMPIMOVQMPIMOVQMPIMOVQ
3 months−10.6%–3.0%–not measured–
Since launchNot the same days: MPIM Aug 2026 · OVQ Oct 2026−10.0%−2.9%3.0%0.0%not measurednot measured

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About each fund
MPIM

Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.

OVQ

Over the period from its first trade on Oct 23, 2026 to Nov 12, 2026, OVQ paid 0.0% of its starting value in cash distributions while its price fell 2.9%. With every distribution reinvested, the fund returned −2.9%.

Questions people ask

Which is cheaper, MPIM or OVQ?
MPIM charges 0.70% a year and OVQ charges 0.97%, so MPIM is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, MPIM against OVQ, data as of Nov 12, 2026. https://etfiq.com/compare/income/mpim-vs-ovq

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.