Data as of Oct 30, 2026.

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Income ETFs

OVLH vs QQDH: Dividend Yield & Total Return

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OVLH and QQDH both write options for income.

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Net assets: $109m on Aug 31, 2026 for Overlay Shares Hedged Large Cap Equity ETF, beside Tuttle Capital Innovation 100 Income AND Hedge ETF.

At a glance
0.3%
OVLH cash paid, 1 year
0.3%
QQDH cash paid, since launch, Oct 23, 2026
+5.6%
OVLH total return, 1 year
−2.6%
QQDH total return, since launch, Oct 23, 2026
OVLH · 1 year to Oct 30, 2026 6.8 pts behind VOO
OVLH
+5.6%
VOO
+12.4%

6.8 pts behind VOO

OVLH over 1 year: paid 0.3%, price +5.3%, total +5.6%, VOO +12.4%, −6.8 pts. Data to Oct 30, 2026.

VOO

+12.4%

OVLH

+5.6%

6.8 pts behind VOO

Total return, distributions reinvested

6.8 pts behind VOO

OVLH over 1 year: paid 0.3%, price +5.3%, total +5.6%, VOO +12.4%, −6.8 pts. Data to Oct 30, 2026.

VOO

+12.4%

OVLH

+5.6%

6.8 pts behind VOO

0.3% of it arrived as cash. Total return, distributions reinvested. OVLH over 1 year: paid 0.3%, price +5.3%, total +5.6%, VOO +12.4%, −6.8 pts. Data to Oct 30, 2026.

Data to Oct 30, 2026.
QQDH · since launch to Oct 30, 2026 Not measured
QQDH
−2.6%
none

Not measured

QQDH since launch: paid 0.3%, price −2.9%, total −2.6%, not measured against a benchmark. Data to Oct 30, 2026.

QQDH

−2.6%

Total return, distributions reinvested

Not measured

QQDH since launch: paid 0.3%, price −2.9%, total −2.6%, not measured against a benchmark. Data to Oct 30, 2026.

QQDH

−2.6%

0.3% of it arrived as cash. Both charts share one scale, with zero at the line. QQDH since launch: paid 0.3%, price −2.9%, total −2.6%, not measured against a benchmark. Data to Oct 30, 2026.

Data to Oct 30, 2026.

Pair scorecard

OVLH costs 0.15 points a year less.

Points (pts) are percentage points.

OVLH vs QQDH: Dividend Yield & Total Return
MeasureOVLHQQDH
Paid and earned
Total return, 1 year+5.6%not published
Price changerose 5.3% (1 year)fell 2.9% (since Oct 23, 2026)
Return of capital, issuer estimate38% of the Dec 29, 2023 payment
Against its benchmark
BenchmarkVanguard S&P 500 ETF, measured through VOOnot published
Cost and size
Expense ratio0.80%0.95%
Net assets$109mnot read by ETFIQ
Holdings
Holdings in commonnot published

Method

Side by side

OVLH Overlay Shares Hedged Large Cap Equity ETF · Put-selling overlay, hedged on VOO, paying annually QQDH Tuttle Capital Innovation 100 Income AND Hedge ETF · 0DTE covered call
Strategy put-selling overlay, hedged 0DTE covered call
Benchmark Vanguard S&P 500 ETF (VOO) none
Pays annual not established
Payout rate, annualized 0.3% 3.9%
Expense ratio 0.80% 0.95%
Cash paid, 1 year 0.3% 0.3% (since launch, Oct 23, 2026)
Price change, 1 year +5.3% −2.9% (since launch, Oct 23, 2026)
Total return, 1 year +5.6% −2.6% (since launch, Oct 23, 2026)
Benchmark return, 1 year +12.4% not published
Ahead or behind −6.8 pts not available
Return of capital, latest estimate 38% not published
Age 5.8 years 7 days
Net assets $109m not read by ETFIQ

As of Oct 30, 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: OVLH vs QQDH: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowOVLHQQDHOVLHQQDHOVLHQQDH
3 months+0.3%–0.0%–−1.1 pts–
6 months+2.3%–0.0%–−3.1 pts–
1 year+5.6%–0.3%–−6.8 pts–
3 years+63.0%–1.8%–−24.9 pts–
Since launchNot the same days: OVLH Jan 2021 · QQDH Oct 2026+72.3%−2.6%3.2%0.3%−45.6 ptsnot measured

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About each fund
OVLH

Over the year to Oct 30, 2026, OVLH paid 0.3% of its starting value in cash distributions while its price rose 5.3%. With every distribution reinvested, the fund returned +5.6%. Vanguard S&P 500 ETF (VOO) returned +12.4% over the same days, so a holder was behind by 6.8 pts. At its price on Oct 30, 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.

QQDH

Over the period from its first trade on Oct 23, 2026 to Oct 30, 2026, QQDH paid 0.3% of its starting value in cash distributions while its price fell 2.9%. With every distribution reinvested, the fund returned −2.6%. At its price on Oct 30, 2026 the latest distribution annualizes to 3.9%, paid periodically.

Questions people ask

Which is cheaper, OVLH or QQDH?
OVLH charges 0.80% a year and QQDH charges 0.95%, so OVLH is cheaper. Fees come from each fund's prospectus.
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ETFIQ, OVLH against QQDH, data as of Oct 30, 2026. https://etfiq.com/compare/income/ovlh-vs-qqdh

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.