{"url":"https://etfiq.com/compare/income/nlsi-vs-ovlh","section":"compare","title":"NLSI vs OVLH: Dividend Yield & Total Return | ETFIQ","description":"NLSI paid 5.0% in cash each over its own window and OVLH 0.3%. Total return with distributions reinvested was +17.7% against +7.0%, to Nov 4, 2026.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which is cheaper, NLSI or OVLH?","acceptedAnswer":{"@type":"Answer","text":"NLSI charges 2.89% a year and OVLH charges 0.80%, so OVLH is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Income ETFs","item":"https://etfiq.com/income/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"NLSI vs OVLH","item":"https://etfiq.com/compare/income/nlsi-vs-ovlh"}]},{"@type":"WebPage","name":"NLSI vs OVLH: Dividend Yield & Total Return","description":"NLSI paid 5.0% in cash each over its own window and OVLH 0.3%. Total return with distributions reinvested was +17.7% against +7.0%, to Nov 4, 2026.","url":"https://etfiq.com/compare/income/nlsi-vs-ovlh","dateModified":"2026-11-04","abstract":"NLSI and OVLH both write options for income.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of NLSI and OVLH","description":"NLSI paid 5.0% in cash each over its own window and OVLH 0.3%. Total return with distributions reinvested was +17.7% against +7.0%, to Nov 4, 2026.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/income/nlsi-vs-ovlh","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/income.json"}],"variableMeasured":["Cash paid","Price change","Total return with distributions reinvested","Benchmark total return","Ahead or behind in percentage points","Distribution rate","Return of capital estimate","Expense ratio"],"keywords":["exchange-traded funds","ETF","Income ETFs","fund data","SEC filings"]}],"characters":6428,"truncated":true,"content":"ETFIQ / Income ETFs / Compare ETFs / NLSI vs OVLH \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n NLSI vs OVLH: Dividend Yield & Total Return\n\n NLSI and OVLH both write options for income.\n Copy this for sharing \n \n OVLH costs 2.09 points a year less.\n NLSI and OVLH at a glance. As of Nov 4, 2026. Source: ETFIQ. NLSI OVLH \n Expense ratio 2.89% 0.80% \n Net assets, NLSI as of Oct 28, 2026 and OVLH as of Aug 31, 2026 $5.3m $109m \n Total return, 1 year not published +7.0% \n Benchmark S&P 500, measured through SPY Vanguard S&P 500 ETF, measured through VOO \n Holdings in commo","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, NLSI against OVLH, data as of Nov 4, 2026. https://etfiq.com/compare/income/nlsi-vs-ovlh","a":{"ticker":"NLSI","name":"NEOS Long/Short Equity Income ETF","issuer":"NEOS","desk":"income","as_of":"2026-11-04","verdict":"Since launch in Dec 2025, NLSI paid 5.0% in cash and returned 17.7% in total, against 12.7% for SPY.","url":"https://etfiq.com/funds/nlsi","key_facts":[{"label":"Cash paid, since launch, on its starting price","value":"5.0%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Total return, since launch","value":"+17.7%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against SPY","value":"+5.0 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Return of capital, latest payout (NEOS estimate)","value":"100.0%","as_of":"2026-11-04","source":"NEOS estimate"},{"label":"Last payment (paid monthly), ex-date Oct 28, 2026","value":"$0.2627","as_of":"2026-10-28","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$5.3m","as_of":"2026-10-28","source":"issuer page, as of Oct 28, 2026"},{"label":"Expense ratio","value":"2.89%","as_of":"2026-04-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"b":{"ticker":"OVLH","name":"Overlay Shares Hedged Large Cap Equity ETF","issuer":"Overlay Shares","desk":"income","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, OVLH paid 0.3% in cash and returned 7.0% in total, against 14.8% for VOO.","url":"https://etfiq.com/funds/ovlh","key_facts":[{"label":"Cash paid, 1 year, on its starting price","value":"0.3%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Total return, 1 year","value":"+7.0%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against VOO","value":"\u22127.8 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Return of capital, latest payout (Overlay Shares estimate)","value":"38.0%","as_of":"2026-11-04","source":"Overlay Shares estimate"},{"label":"Last payment (paid annually), ex-date Dec 23, 2025","value":"$0.1186","as_of":"2025-12-23","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$109m","as_of":"2026-08-31","source":"SEC filing, whole fund, as filed for Aug 31, 2026"},{"label":"Expense ratio","value":"0.80%","as_of":"2025-12-23","source":"485BPOS XBRL, Dec 23, 2025"}]},"overlap_pct":0,"full_text_at":"https://etfiq.com/compare/income/nlsi-vs-ovlh"}