OVL vs VAIE: Dividend Yield & Total Return
OVL and VAIE both write options for income. Net assets: $276m on May 31, 2026 for Overlay Shares Large Cap Equity ETF, and $67m on Oct 19, 2026 for VegaShares US Equity Autocallable Income ETF.
VAIE costs 0.05 points a year less.
Points (pts) are percentage points.
| OVL | VAIE | |
|---|---|---|
| Expense ratio | 0.79% | 0.74% |
| Net assets, OVL as of May 31, 2026 and VAIE as of Oct 19, 2026 | $276m | $67m |
| Total return, 1 year | +18.2% | not published |
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | not published |
| Holdings in common | not published | |
| Price change | rose 8.4% (1 year) | fell 3.6% (since May 12, 2026) |
2.3 pts ahead of VOO
OVL over 1 year: paid 9.0%, price +8.4%, total +18.2%, VOO +15.9%, +2.3 pts. Figures to Oct 20, 2026.
VOO
+15.9%
OVL
+18.2%
9.0% of it arrived as cash
2.3 pts ahead of VOO
Total return, distributions reinvested
2.3 pts ahead of VOO
OVL over 1 year: paid 9.0%, price +8.4%, total +18.2%, VOO +15.9%, +2.3 pts. Figures to Oct 20, 2026.
VOO
+15.9%
OVL
+18.2%
9.0% cash
2.3 pts ahead of VOO
9.0% of it arrived as cash. Total return, distributions reinvested. OVL over 1 year: paid 9.0%, price +8.4%, total +18.2%, VOO +15.9%, +2.3 pts. Figures to Oct 20, 2026.
Figures to Oct 20, 2026.
Not measured
VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.
VAIE
+3.3%
6.8% as cash
Total return, distributions reinvested
Not measured
VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.
VAIE
+3.3%
6.8% of it arrived as cash. Both charts share one scale, with zero at the line. VAIE since launch: paid 6.8%, price −3.6%, total +3.3%, not measured against a benchmark. Figures to Oct 20, 2026.
Figures to Oct 20, 2026.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | OVL | VAIE | OVL | VAIE | OVL | VAIE |
| 3 months | +3.3% | +2.5% | 2.6% | 4.1% | +0.2 pts | not measured |
| 6 months | +9.9% | – | 5.4% | – | +0.1 pts | – |
| 1 year | +18.2% | – | 9.0% | – | +2.3 pts | – |
| 3 years | +100.5% | – | 23.3% | – | +10.8 pts | – |
| Since launch Not the same days: OVL Oct 2019 · VAIE May 2026 | +206.0% | +3.3% | 49.2% | 6.8% | +15.1 pts | not measured |
Source: ETFIQ. – means no data for this window, usually because the fund is younger than it. Open this comparison in the app →
On the same fields
As of Oct 20, 2026. Source: ETFIQ. Cash paid is what the fund distributed over the window, as a share of its price at the start. Payout rate is its latest payment, annualized, over today’s price.
About OVL
Over the year to Oct 20, 2026, OVL paid 9.0% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +18.2%. Vanguard S&P 500 ETF (VOO) returned +15.9% over the same days, so a holder was ahead by 2.3 pts. At its price on Oct 20, 2026 the latest distribution annualizes to 10.4%, paid monthly.
About VAIE
Over the period from its first trade on May 12, 2026 to Oct 20, 2026, VAIE paid 6.8% of its starting value in cash distributions while its price fell 3.6%. With every distribution reinvested, the fund returned +3.3%. At its price on Oct 20, 2026 the latest distribution annualizes to 16.8%, paid weekly.
Questions people ask
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Every figure is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, OVL against VAIE, data as of Oct 20, 2026. https://etfiq.com/compare/income/ovl-vs-vaie
ETFIQ. (Oct 20, 2026). OVL against VAIE. Retrieved from https://etfiq.com/compare/income/ovl-vs-vaie
[OVL against VAIE (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/income/ovl-vs-vaie)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.