Data as of .
OVL vs TPRY: which paid, and which earned it?
OVL and TPRY both write options for income.
What they hold in common
By the books each fund has filed, OVL and TPRY hold 0% of their money in the same securities at the same weight.
| Only in OVL | Only in TPRY |
|---|---|
| Vanguard S&P 500 ETF 100.00% | Micron Technology Inc 13.23% |
| Amazon.com Inc 12.40% | |
| Taiwan Semiconductor Manufacturing Co Ltd 8.48% | |
| Alphabet Inc 6.91% | |
| Meta Platforms Inc 5.35% | |
| Uber Technologies Inc 5.23% | |
| Apple Inc 4.91% | |
| Vistra Corp 4.57% |
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 May 31, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OVL | TPRY | OVL | TPRY | OVL | TPRY | |
| 3 months | +2.3% | −5.9% | 2.6% | 3.5% | 0.0 pts | −8.2 pts |
| 6 months | +18.8% | +11.9% | 5.7% | 8.1% | +0.7 pts | −6.1 pts |
| 1 year | +19.2% | not published | 8.9% | not published | +2.6 pts | not published |
| 3 years | +86.2% | not published | 21.1% | not published | +7.8 pts | not published |
| Since launch | +203.4% | +2.1% | 47.2% | 7.4% | +16.1 pts | −9.3 pts |
| OVL Overlay Shares Large Cap Equity ETF Put-selling overlay on SPY, paying monthly | TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Overlay Shares | VistaShares |
| Strategy | put-selling overlay | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.4% | 15.3% |
| Expense ratio | not published | 0.95% |
| Cash paid, 1 year | 8.9% | 7.4% (since launch on Feb 26, 2026) |
| Price change, 1 year | +9.4% | −5.4% |
| Total return, 1 year | +19.2% | +2.1% (since launch on Feb 26, 2026) |
| Benchmark return, 1 year | +16.6% | +11.4% |
| Ahead or behind | +2.6 pts | −9.3 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 2544 days | 204 days |
| Net assets | $276m | $4m |
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.
TPRY in plain words
Over the period since launch on Feb 26, 2026 to Sep 18, 2026, TPRY paid 7.4% of its starting value in cash distributions while its price fell 5.4%. With every distribution reinvested, the fund returned +2.1%. S&P 500 (SPY), used as a default proxy returned +11.4% over the same days, so a holder was behind by 9.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.
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 TPRY, data as of Sep 18, 2026. https://etfiq.com/compare/income/ovl-vs-tpry Free to use with attribution; the underlying files are at Open data.