{"url":"https://etfiq.com/compare/income/ovl-vs-tcal","section":"compare","title":"OVL vs TCAL: Dividend Yield & Total Return | ETFIQ","description":"OVL paid 9.9% of its price in cash over the year and TCAL 11.4%. Total return with distributions reinvested was +17.2% against +11.2%, to Nov 4, 2026.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which paid more, OVL or TCAL?","acceptedAnswer":{"@type":"Answer","text":"Over the year to Nov 4, 2026, OVL paid 9.9% of its starting price in cash and TCAL paid 11.4%, so TCAL paid more. Cash paid is not the same as money made: the price change matters too."}},{"@type":"Question","name":"Which returned more once distributions are counted, OVL or TCAL?","acceptedAnswer":{"@type":"Answer","text":"With every distribution reinvested, OVL returned +17.2% and TCAL +11.2% over the year to Nov 4, 2026."}},{"@type":"Question","name":"Which is cheaper, OVL or TCAL?","acceptedAnswer":{"@type":"Answer","text":"OVL charges 0.79% a year and TCAL charges 0.34%, so TCAL 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":"OVL vs TCAL","item":"https://etfiq.com/compare/income/ovl-vs-tcal"}]},{"@type":"WebPage","name":"OVL vs TCAL: Dividend Yield & Total Return","description":"OVL paid 9.9% of its price in cash over the year and TCAL 11.4%. Total return with distributions reinvested was +17.2% against +11.2%, to Nov 4, 2026.","url":"https://etfiq.com/compare/income/ovl-vs-tcal","dateModified":"2026-11-04","abstract":"Over the year to Nov 4, 2026, TCAL paid 11.4% of its price in cash against OVL\u2019s 9.9%, though OVL returned more with it reinvested.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of OVL and TCAL","description":"OVL paid 9.9% of its price in cash over the year and TCAL 11.4%. Total return with distributions reinvested was +17.2% against +11.2%, to Nov 4, 2026.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/income/ovl-vs-tcal","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":7211,"truncated":true,"content":"ETFIQ / Income ETFs / Compare ETFs / OVL vs TCAL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n OVL vs TCAL: Dividend Yield & Total Return\n\n Over the year to Nov 4, 2026, TCAL paid 11.4% of its price in cash against OVL\u2019s 9.9%, though OVL returned more with it reinvested.\n Copy this for sharing \n \n TCAL costs 0.45 points a year less; their one-year returns differ by 6.0 points.\n OVL and TCAL at a glance. As of Nov 4, 2026. Source: ETFIQ. OVL TCAL \n Expense ratio 0.79% 0.34% \n Net assets, OVL as of Aug 31, 2026 and TCAL as of Nov 3, 2026 $427m $324m \n Total return, 1 yea","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, OVL against TCAL, data as of Nov 4, 2026. https://etfiq.com/compare/income/ovl-vs-tcal","a":{"ticker":"OVL","name":"Overlay Shares Large Cap Equity ETF","issuer":"Overlay Shares","desk":"income","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, OVL paid 9.9% in cash and returned 17.2% in total, against 14.8% for VOO.","url":"https://etfiq.com/funds/ovl","key_facts":[{"label":"Cash paid, 1 year, on its starting price","value":"9.9%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Total return, 1 year","value":"+17.2%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against VOO","value":"+2.4 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Return of capital, latest payout (Overlay Shares estimate)","value":"100.0%","as_of":"2026-11-04","source":"Overlay Shares estimate"},{"label":"Last payment (paid monthly), ex-date Oct 28, 2026","value":"$0.494","as_of":"2026-10-28","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$427m","as_of":"2026-08-31","source":"SEC filing, whole fund, as filed for Aug 31, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2025-12-23","source":"485BPOS XBRL, Dec 23, 2025"}]},"b":{"ticker":"TCAL","name":"T. Rowe Price Capital Appreciation Premium Income ETF","issuer":"T. Rowe Price","desk":"income","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, TCAL paid 11.4% in cash and returned 11.2% in total, against 14.6% for its stocks.","url":"https://etfiq.com/funds/tcal","key_facts":[{"label":"Cash paid, 1 year, on its starting price","value":"11.4%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Total return, 1 year","value":"+11.2%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against its own stocks","value":"\u22123.4 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Latest payout, annualized on today\u2019s price","value":"13.0%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid monthly), ex-date Oct 30, 2026","value":"$0.2553","as_of":"2026-10-30","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$324m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.34%","as_of":"2026-02-25","source":"485BPOS XBRL, Feb 25, 2026"}]},"overlap_pct":0,"full_text_at":"https://etfiq.com/compare/income/ovl-vs-tcal"}