Data as of Nov 12, 2026.
OVLH vs OVQ: Dividend Yield & Total Return
Return, fees and overlap, side by side.
Pair scorecard
OVLH costs 0.17 points a year less.
Points (pts) are percentage points.
| Measure | OVLH | OVQ |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +5.4% | not published |
| Price change | rose 5.1% (1 year) | fell 2.9% (since Oct 23, 2026) |
| Return of capital, issuer estimate | 38% of the Dec 29, 2023 payment | |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | not published |
| Cost and size | ||
| Expense ratio | 0.80% | 0.97% |
| Net assets | $109m | not read by ETFIQ |
| Holdings | ||
| Holdings in common | not published | |
6.7 pts behind VOO
OVLH over 1 year: paid 0.3%, price +5.1%, total +5.4%, VOO +12.1%, −6.7 pts. Data to Nov 12, 2026.
VOO
+12.1%
OVLH
+5.4%
6.7 pts behind VOO
Total return, distributions reinvested
6.7 pts behind VOO
OVLH over 1 year: paid 0.3%, price +5.1%, total +5.4%, VOO +12.1%, −6.7 pts. Data to Nov 12, 2026.
VOO
+12.1%
OVLH
+5.4%
6.7 pts behind VOO
0.3% of it arrived as cash. Total return, distributions reinvested. OVLH over 1 year: paid 0.3%, price +5.1%, total +5.4%, VOO +12.1%, −6.7 pts. Data to Nov 12, 2026.
Data to Nov 12, 2026.Not measured
OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.
OVQ
−2.9%
Total return, distributions reinvested
Not measured
OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.
OVQ
−2.9%
0.0% of it arrived as cash. Both charts share one scale, with zero at the line. OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.
Data to Nov 12, 2026.Side by side
As of Nov 12, 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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | OVLH | OVQ | OVLH | OVQ | OVLH | OVQ |
| 3 months | −3.0% | – | 0.0% | – | −0.6 pts | – |
| 6 months | −0.8% | – | 0.0% | – | −2.5 pts | – |
| 1 year | +5.4% | – | 0.3% | – | −6.6 pts | – |
| 3 years | +55.6% | – | 1.7% | – | −23.2 pts | – |
| Since launchNot the same days: OVLH Jan 2021 · OVQ Oct 2026 | +72.3% | −2.9% | 3.2% | 0.0% | −46.0 pts | not measured |
– means no data for this window. Open this comparison in the app →
OVLH
Over the year to Nov 12, 2026, OVLH paid 0.3% of its starting value in cash distributions while its price rose 5.1%. With every distribution reinvested, the fund returned +5.4%. Vanguard S&P 500 ETF (VOO) returned +12.1% over the same days, so a holder was behind by 6.7 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 0.3%, paid annually. Overlay Shares estimates that 38% of the distribution paid Dec 29, 2023 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
OVQ
Over the period from its first trade on Oct 23, 2026 to Nov 12, 2026, OVQ paid 0.0% of its starting value in cash distributions while its price fell 2.9%. With every distribution reinvested, the fund returned −2.9%.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, OVLH against OVQ, data as of Nov 12, 2026. https://etfiq.com/compare/income/ovlh-vs-ovq
ETFIQ. (Nov 12, 2026). OVLH against OVQ. Retrieved from https://etfiq.com/compare/income/ovlh-vs-ovq
[OVLH against OVQ (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/income/ovlh-vs-ovq)
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OVLH and OVQ both write options for income.