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Data as of .

OVLH vs QQQI: which paid, and which earned it?

Over the year QQQI paid 15.2% of its price in cash against OVLH’s 0.3%, and returned more with it reinvested.

Overlay Shares Hedged Large Cap Equity ETF and NEOS Nasdaq-100(R) High Income ETF.

0.3%OVLH cash paid, 1 year
15.2%QQQI cash paid, 1 year
+9.1%OVLH total return, 1 year
+16.4%QQQI total return, 1 year

ETFIQ Return Stability Score: OVLH scores higher

Was the payout funded by returns, or by your own capital?

OVLH 61.5QQQI 50.53.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

OVLH7.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%OVLH+9.1%7.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%OVLH+9.1%7.5 pts behind SPY
QQQI5.3 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QQQI+16.4%15.2% of it arrived as cash5.3 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QQQI+16.4%15.2% as cash5.3 pts behind QQQ

What they hold in common

By the books each fund has filed, OVLH and QQQI hold 0% of their money in the same securities at the same weight.

Only in each
Only in OVLHOnly in QQQI
Vanguard S&P 500 ETF 100.00%NVIDIA Corp 8.58%
Apple Inc 7.79%
Microsoft Corp 5.84%
Micron Technology Inc 5.03%
Amazon.com Inc 4.36%
Advanced Micro Devices Inc 4.02%
Alphabet Inc 3.24%
Meta Platforms Inc 3.14%

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

OVLH and QQQI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OVLHQQQIOVLHQQQIOVLHQQQI
3 months+0.5%−0.7%0.0%3.4%−1.7 pts+1.8 pts
6 months+11.0%+16.7%0.0%7.7%−7.0 pts−7.5 pts
1 year+9.1%+16.4%0.3%15.2%−7.5 pts−5.3 pts
3 years+54.7%not published1.7%not published−23.7 ptsnot published
Since launch+73.7%+59.6%3.1%39.9%−45.2 pts−12.3 pts
Open the live comparison on ETFIQ
OVLH and QQQI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
OVLH
Overlay Shares Hedged Large Cap Equity ETF
Put-selling overlay, hedged on SPY, paying annual
QQQI
NEOS Nasdaq-100(R) High Income ETF
Option income on QQQ, paying monthly
IssuerOverlay SharesNEOS
Strategyput-selling overlay, hedgedoption income
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysannualmonthly
Payout rate, annualized0.3%14.0%
Expense rationot published0.68%
Cash paid, 1 year0.3%15.2%
Price change, 1 year+8.8%−0.1%
Total return, 1 year+9.1%+16.4%
Benchmark return, 1 year+16.6%+21.8%
Ahead or behind−7.5 pts−5.3 pts
Return of capital, latest estimatenot published98%
Age2072 days962 days
Net assets$116m$14.8bn

OVLH in plain words

Over the year to Sep 18, 2026, OVLH paid 0.3% of its starting value in cash distributions while its price rose 8.8%. With every distribution reinvested, the fund returned +9.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 7.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 0.3%, paid annual.

QQQI in plain words

Over the year to Sep 18, 2026, QQQI paid 15.2% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +16.4%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 5.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.0%, paid monthly. NEOS estimates that 98% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, OVLH or QQQI?
Over the year to Sep 18, 2026, OVLH paid 0.3% of its starting price in cash and QQQI paid 15.2%, so QQQI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, OVLH or QQQI?
With every distribution reinvested, OVLH returned +9.1% and QQQI returned +16.4% over the year to Sep 18, 2026, so QQQI returned more.

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.

OVLH against QQQI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, OVLH against QQQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/ovlh-vs-qqqi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources