Data as of .
OVL vs RDVI: which paid, and which earned it?
Over the year OVL paid 8.9% of its price in cash against RDVI’s 8.8% and the two finished level on total return.
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, OVL and RDVI hold 0% of their money in the same securities at the same weight.
| Only in OVL | Only in RDVI |
|---|---|
| Vanguard S&P 500 ETF 100.00% | Lam Research Corporation 2.31% |
| Applied Materials, Inc. 2.30% | |
| The Travelers Companies, Inc. 2.27% | |
| The Bank of New York Mellon Corporation 2.22% | |
| GE Vernova Inc. 2.19% | |
| Micron Technology, Inc. 2.18% | |
| KLA Corporation 2.16% | |
| NVIDIA Corporation 2.16% |
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 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OVL | RDVI | OVL | RDVI | OVL | RDVI | |
| 3 months | +2.3% | +0.3% | 2.6% | 2.1% | 0.0 pts | −6.3 pts |
| 6 months | +18.8% | +15.1% | 5.7% | 4.6% | +0.7 pts | +2.5 pts |
| 1 year | +19.2% | +19.2% | 8.9% | 8.8% | +2.6 pts | −8.0 pts |
| 3 years | +86.2% | +69.2% | 21.1% | 29.6% | +7.8 pts | +15.5 pts |
| Since launch | +203.4% | +101.2% | 47.2% | 41.0% | +16.1 pts | +32.0 pts |
| OVL Overlay Shares Large Cap Equity ETF Put-selling overlay on SPY, paying monthly | RDVI FT Vest Rising Dividend Achievers Target Income ETF Dividend stocks with call overlay on SCHD, paying monthly | |
|---|---|---|
| Issuer | Overlay Shares | First Trust |
| Strategy | put-selling overlay | dividend stocks with call overlay |
| Benchmark | S&P 500 (SPY) | US dividend stocks (SCHD), used as the dividend proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.4% | 8.8% |
| Expense ratio | not published | 0.75% |
| Cash paid, 1 year | 8.9% | 8.8% |
| Price change, 1 year | +9.4% | +9.6% |
| Total return, 1 year | +19.2% | +19.2% |
| Benchmark return, 1 year | +16.6% | +27.2% |
| Ahead or behind | +2.6 pts | −8.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 2544 days | 1429 days |
| Net assets | $276m | $3.7bn |
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.
RDVI in plain words
Over the year to Sep 18, 2026, RDVI paid 8.8% of its starting value in cash distributions while its price rose 9.6%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 8.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.8%, paid monthly.
Questions people ask
- Which paid more, OVL or RDVI?
- Over the year to Sep 18, 2026, OVL paid 8.9% of its starting price in cash and RDVI paid 8.8%, so OVL paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, OVL or RDVI?
- With every distribution reinvested, OVL returned +19.2% and RDVI returned +19.2% over the year to Sep 18, 2026, so RDVI 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, OVL against RDVI, data as of Sep 18, 2026. https://etfiq.com/compare/income/ovl-vs-rdvi Free to use with attribution; the underlying files are at Open data.