Data as of Nov 12, 2026.

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OARK vs OVQ: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
–
no data for this window
Fee gap
0.03 pts
A year: OARK 1.00%, OVQ 0.97%, per filings dated Feb 24, 2026 and Oct 20, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

OVQ costs 0.03 points a year less.

Points (pts) are percentage points.

OARK vs OVQ: Dividend Yield & Total Return
MeasureOARKOVQ
Paid and earned
Total return, 1 year−5.8%not published
Price changefell 38.9% (1 year)fell 2.9% (since Oct 23, 2026)
Against its benchmark
BenchmarkARK Innovation ETF, measured through ARKKnot published
Cost and size
Expense ratio1.00%0.97%
Net assets$36mnot read by ETFIQ
Holdings
Holdings in commonnot published

Method

Key numbers
34.1%
OARK cash paid, 1 year
0.0%
OVQ cash paid, since launch, Oct 23, 2026
−5.8%
OARK total return, 1 year
−2.9%
OVQ total return, since launch, Oct 23, 2026
OARK · 1 year to Nov 12, 2026 About even with ARKK
OARK
−5.8%
ARKK
−6.0%

About even with ARKK

OARK over 1 year: paid 34.1%, price −38.9%, total −5.8%, ARKK −6.0%, +0.2 pts. Data to Nov 12, 2026.

ARKK

−6.0%

OARK

−5.8%

about even with ARKK

Total return, distributions reinvested

About even with ARKK

OARK over 1 year: paid 34.1%, price −38.9%, total −5.8%, ARKK −6.0%, +0.2 pts. Data to Nov 12, 2026.

ARKK

−6.0%

OARK

−5.8%

about even with ARKK

34.1% of it arrived as cash. Total return, distributions reinvested. OARK over 1 year: paid 34.1%, price −38.9%, total −5.8%, ARKK −6.0%, +0.2 pts. 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

OARK YieldMax Innovation Option Income Strategy ETF · Synthetic covered call on ARKK, paying weekly OVQ Overlay Shares Nasdaq 100 Income ETF · Put-selling overlay
Strategy synthetic covered call put-selling overlay
Benchmark ARK Innovation ETF (ARKK) not set
Pays weekly not established
Payout rate, annualized 34.4% not published
Expense ratio 1.00% 0.97%
Cash paid, 1 year 34.1% 0.0% (since launch, Oct 23, 2026)
Price change, 1 year −38.9% −2.9% (since launch, Oct 23, 2026)
Total return, 1 year −5.8% −2.9% (since launch, Oct 23, 2026)
Benchmark return, 1 year −6.0% not published
Ahead or behind +0.2 pts not available
Return of capital, latest estimate not published not published
Age 4.0 years 20 days
Net assets $36m 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: OARK vs OVQ: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowOARKOVQOARKOVQOARKOVQ
3 months−8.4%–7.9%–−1.0 pts–
6 months−6.7%–16.8%–−4.8 pts–
1 year−5.8%–34.1%–+0.2 pts–
3 years+55.4%–96.9%–−36.3 pts–
Since launchNot the same days: OARK Nov 2022 · OVQ Oct 2026+40.2%−2.9%90.8%0.0%−72.2 ptsnot measured

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About each fund
OARK

Over the year to Nov 12, 2026, OARK paid 34.1% of its starting value in cash distributions while its price fell 38.9%. With every distribution reinvested, the fund returned −5.8%. ARK Innovation ETF (ARKK) returned −6.0% over the same days, so a holder was about even. At its price on Nov 12, 2026 the latest distribution annualizes to 34.4%, paid weekly.

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, OARK or OVQ?
OARK charges 1.00% a year and OVQ charges 0.97%, so OVQ is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

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

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OARK and OVQ both write options for income.