Data as of .
OMAH vs OVL: which paid, and which earned it?
Over the year OMAH paid 14.4% of its price in cash against OVL’s 8.9%, though OVL returned more with it reinvested.
ETFIQ Return Stability Score: OVL scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, OMAH and OVL hold 0% of their money in the same securities at the same weight.
| Only in OMAH | Only in OVL |
|---|---|
| Apple Inc 10.59% | Vanguard S&P 500 ETF 100.00% |
| Berkshire Hathaway Inc 10.22% | |
| American Express Co 6.57% | |
| Coca-Cola Co/The 4.94% | |
| VeriSign Inc 4.90% | |
| Kroger Co/The 4.79% | |
| Chevron Corp 4.75% | |
| DAVITA INC 4.75% |
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 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OMAH | OVL | OMAH | OVL | OMAH | OVL | |
| 3 months | +1.7% | +2.3% | 3.7% | 2.6% | −2.4 pts | 0.0 pts |
| 6 months | +8.8% | +18.8% | 7.7% | 5.7% | +2.8 pts | +0.7 pts |
| 1 year | +8.8% | +19.2% | 14.4% | 8.9% | +4.9 pts | +2.6 pts |
| 3 years | not published | +86.2% | not published | 21.1% | not published | +7.8 pts |
| Since launch | +14.6% | +203.4% | 21.4% | 47.2% | +12.4 pts | +16.1 pts |
| OMAH VistaShares Target 15 Berkshire Select Income ETF Covered call on BRK-B, paying monthly | OVL Overlay Shares Large Cap Equity ETF Put-selling overlay on SPY, paying monthly | |
|---|---|---|
| Issuer | VistaShares | Overlay Shares |
| Strategy | covered call | put-selling overlay |
| Benchmark | Berkshire Hathaway B (BRK-B), used as the proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 15.1% | 10.4% |
| Expense ratio | 0.98% | not published |
| Cash paid, 1 year | 14.4% | 8.9% |
| Price change, 1 year | −6.3% | +9.4% |
| Total return, 1 year | +8.8% | +19.2% |
| Benchmark return, 1 year | +3.9% | +16.6% |
| Ahead or behind | +4.9 pts | +2.6 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 562 days | 2544 days |
| Net assets | $1.1bn | $276m |
OMAH in plain words
Over the year to Sep 18, 2026, OMAH paid 14.4% of its starting value in cash distributions while its price fell 6.3%. With every distribution reinvested, the fund returned +8.8%. Berkshire Hathaway B (BRK-B), used as the proxy returned +3.9% over the same days, so a holder was ahead by 4.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.1%, paid monthly.
OVL in plain words
Over the year to Sep 18, 2026, OVL paid 8.9% of its starting value in cash distributions while its price rose 9.4%. With every distribution reinvested, the fund returned +19.2%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 2.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.4%, paid monthly.
Questions people ask
- Which paid more, OMAH or OVL?
- Over the year to Sep 18, 2026, OMAH paid 14.4% of its starting price in cash and OVL paid 8.9%, so OMAH paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, OMAH or OVL?
- With every distribution reinvested, OMAH returned +8.8% and OVL returned +19.2% over the year to Sep 18, 2026, so OVL returned more.
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, OMAH against OVL, data as of Sep 18, 2026. https://etfiq.com/compare/income/omah-vs-ovl Free to use with attribution; the underlying files are at Open data.