Data as of Nov 4, 2026.

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Income ETFs

OVL vs YYY: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, YYY paid 12.4% of its price in cash against OVL’s 9.9%, though OVL returned more with it reinvested.

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askIQ about OVL and YYY

Net assets: $427m on Aug 31, 2026 for Overlay Shares Large Cap Equity ETF, and $674m on Nov 3, 2026 for Amplify CEF High Income ETF.

At a glance
9.9%
OVL cash paid, 1 year
12.4%
YYY cash paid, 1 year
+17.2%
OVL total return, 1 year
+1.9%
YYY total return, 1 year
OVL · 1 year to Nov 4, 2026 2.4 pts ahead of VOO
OVL
+17.2%
VOO
+14.8%

2.4 pts ahead of VOO

OVL over 1 year: paid 9.9%, price +6.6%, total +17.2%, VOO +14.8%, +2.4 pts. Data to Nov 4, 2026.

VOO

+14.8%

OVL

+17.2%

9.9% of it arrived as cash

2.4 pts ahead of VOO

Total return, distributions reinvested

2.4 pts ahead of VOO

OVL over 1 year: paid 9.9%, price +6.6%, total +17.2%, VOO +14.8%, +2.4 pts. Data to Nov 4, 2026.

VOO

+14.8%

OVL

+17.2%

9.9% cash

2.4 pts ahead of VOO

9.9% of it arrived as cash. Total return, distributions reinvested. OVL over 1 year: paid 9.9%, price +6.6%, total +17.2%, VOO +14.8%, +2.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
YYY · 1 year to Nov 4, 2026 Not measured
YYY
+1.9%
none

Not measured

YYY over 1 year: paid 12.4%, price −10.3%, total +1.9%, not measured against a benchmark. Data to Nov 4, 2026.

YYY

+1.9%

Total return, distributions reinvested

Not measured

YYY over 1 year: paid 12.4%, price −10.3%, total +1.9%, not measured against a benchmark. Data to Nov 4, 2026.

YYY

+1.9%

12.4% of it arrived as cash. Both charts share one scale, with zero at the line. YYY over 1 year: paid 12.4%, price −10.3%, total +1.9%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

OVL costs 2.44 points a year less; their one-year returns differ by 15.3 points.

Points (pts) are percentage points.

OVL vs YYY: Dividend Yield & Total Return
MeasureOVLYYY
Paid and earned
Total return, 1 year+17.2%+1.9%
Price change, 1 yearrose 6.6%fell 10.3%
Return of capital, issuer estimate100% of the Oct 29, 2026 payment18% of the Oct 30, 2026 payment
Against its benchmark
BenchmarkVanguard S&P 500 ETF, measured through VOOits own holdings
Cost and size
Expense ratio0.79%3.23%
Net assets, OVL as of Aug 31, 2026 and YYY as of Nov 3, 2026$427m$674m
Holdings
Holdings in common0%

Method

Risk and return

Oct 11, 2019 to Oct 30, 2026 · 368 weekly returns
OVL YYY
Return
Total return edge OVL +196.3% +30.6%
Annualized edge OVL +16.6% +3.8%
Price return edge OVL +120.8% −41.6%
Risk
Volatility edge YYY 21.1% 17.7%
Max drawdown edge OVL (slight) −35.2% −38.9%
Risk-adjusted
Sharpe edge OVL 0.70 0.14
Sortino edge OVL 1.01 0.18
Calmar edge OVL 0.47 0.10
Reading

From Oct 2019 to Oct 2026, OVL returned more: +196.3% to +30.6%. YYY swung less: 17.7% to 21.1%. OVL fell slightly less at its worst: −35.2% to −38.9%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: OVL vs YYY: Dividend Yield & Total Return
MeasureOVLYYYEdgeHow it is measured
Return
Total return+196.3%+30.6%OVLPrice change plus distributions, reinvested.
Annualized+16.6%+3.8%OVLTotal return as a yearly rate.
Price return+120.8%−41.6%OVLPrice change alone, distributions left out.
Risk
Volatility21.1%17.7%YYYSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.5%13.5%YYY (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−35.2%−38.9%OVL (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.700.14OVLReturn above Treasury bills per unit of volatility.
Sortino1.010.18OVLReturn above Treasury bills per unit of downside deviation.
Calmar0.470.10OVLAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 368 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, OVL and YYY hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first OVL YYY
Only in one fund ↓
Only in OVL
Vanguard S&P 500 ETF 99.97%
Only in YYY
abrdn Total Dynamic Dividend Fund 3.64%
Guggenheim Strategic Opportunities Fund 3.31%
Nuveen Floating Rate Income Fund/Closed-end Fund 3.31%
BlackRock ESG Capital Allocation Term Trust 3.30%
PIMCO High Income Fund 3.06%
Tortoise Energy Infrastructure Corp 3.04%
Nuveen Credit Strategies Income Fund 2.70%
abrdn Global Infrastructure Income Fund 2.66%
Check overlap with more funds →

Side by side

OVL Overlay Shares Large Cap Equity ETF · Put-selling overlay on VOO, paying monthly YYY Amplify CEF High Income ETF · Income from closed-end funds on its own holdings, paying monthly
Strategy put-selling overlay income from closed-end funds
Benchmark Vanguard S&P 500 ETF (VOO) YYY's own holdings (from its holdings of Nov 3, 2026)
Pays monthly monthly
Payout rate, annualized 10.6% 13.8%
Expense ratio 0.79% 3.23%
Cash paid, 1 year 9.9% 12.4%
Price change, 1 year +6.6% −10.3%
Total return, 1 year +17.2% +1.9%
Benchmark return, 1 year +14.8% not published
Ahead or behind +2.4 pts not available
Return of capital, latest estimate 100% 18%
Age 7.1 years 14.4 years
Net assets, OVL as of Aug 31, 2026 and YYY as of Nov 3, 2026 $427m $674m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: OVL vs YYY: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowOVLYYYOVLYYYOVLYYY
3 months−0.5%−4.9%2.6%3.2%−0.4 ptsnot measured
6 months+4.4%−4.1%5.2%6.2%−0.6 ptsnot measured
1 year+17.2%+1.9%9.9%12.4%+2.4 ptsnot measured
3 years+92.6%+35.2%23.9%38.6%+9.3 ptsnot measured
Since launchNot the same days: OVL Oct 2019 · YYY Jun 2012+204.4%+114.4%51.2%113.6%+14.4 ptsnot measured

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About each fund
OVL

Over the year to Nov 4, 2026, OVL paid 9.9% of its starting value in cash distributions while its price rose 6.6%. With every distribution reinvested, the fund returned +17.2%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was ahead by 2.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 10.6%, paid monthly. Overlay Shares estimates that 100% of the distribution paid Oct 29, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

YYY

No 1-year comparison: a quarter's holdings filing is missing from the year.

Over the year to Nov 4, 2026, YYY paid 12.4% of its starting value in cash distributions while its price fell 10.3%. With every distribution reinvested, the fund returned +1.9%. At its price on Nov 4, 2026 the latest distribution annualizes to 13.8%, paid monthly. Amplify estimates that 18% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, OVL or YYY?
Over the year to Nov 4, 2026, OVL paid 9.9% of its starting price in cash and YYY paid 12.4%, so YYY 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 YYY?
With every distribution reinvested, OVL returned +17.2% and YYY +1.9% over the year to Nov 4, 2026.
Which is cheaper, OVL or YYY?
OVL charges 0.79% a year and YYY charges 3.23%, so OVL is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, OVL against YYY, data as of Nov 4, 2026. https://etfiq.com/compare/income/ovl-vs-yyy

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