Data as of .
OEI vs OVLH: which paid, and which earned it?
OEI and OVLH both write options for income.
What they hold in common
By the books each fund has filed, OEI and OVLH hold 0% of their money in the same securities at the same weight.
| Only in OEI | Only in OVLH |
|---|---|
| NVIDIA Corp 8.32% | Vanguard S&P 500 ETF 100.00% |
| Microsoft Corp 5.99% | |
| Amazon.com Inc 4.56% | |
| Apple Inc 4.28% | |
| Alphabet Inc 3.48% | |
| Broadcom Inc 3.04% | |
| Alphabet Inc 2.79% | |
| Micron Technology Inc 2.57% |
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 Jul 31, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OEI | OVLH | OEI | OVLH | OEI | OVLH | |
| 3 months | +4.8% | +0.5% | 2.3% | 0.0% | +2.5 pts | −1.7 pts |
| 6 months | +12.5% | +11.0% | 4.9% | 0.0% | −5.6 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 | +14.4% | +73.7% | 8.6% | 3.1% | −0.9 pts | −45.2 pts |
| OEI Optimized Equity Income ETF Option income on SPY, paying monthly | OVLH Overlay Shares Hedged Large Cap Equity ETF Put-selling overlay, hedged on SPY, paying annual | |
|---|---|---|
| Issuer | Core Alternative | Overlay Shares |
| Strategy | option income | put-selling overlay, hedged |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | monthly | annual |
| Payout rate, annualized | 9.2% | 0.3% |
| Expense ratio | 1.02% | not published |
| Cash paid, 1 year | 8.6% (since launch on Oct 22, 2025) | 0.3% |
| Price change, 1 year | +5.2% | +8.8% |
| Total return, 1 year | +14.4% (since launch on Oct 22, 2025) | +9.1% |
| Benchmark return, 1 year | +15.3% | +16.6% |
| Ahead or behind | −0.9 pts | −7.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 331 days | 2072 days |
| Net assets | $46m | $116m |
OEI in plain words
Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.
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, OEI against OVLH, data as of Sep 18, 2026. https://etfiq.com/compare/income/oei-vs-ovlh Free to use with attribution; the underlying files are at Open data.