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Data as of .

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

Over the year SPIN paid 5.2% of its price in cash against OVLH’s 0.3%, and returned more with it reinvested.

Overlay Shares Hedged Large Cap Equity ETF and State Street(R) US Equity Premium Income ETF.

0.3%OVLH cash paid, 1 year
5.2%SPIN cash paid, 1 year
+9.1%OVLH total return, 1 year
+11.3%SPIN total return, 1 year

ETFIQ Return Stability Score: SPIN scores higher

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

OVLH 61.5SPIN 61.93.8, 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
SPIN5.2 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%SPIN+11.3%5.2% of it arrived as cash5.2 pts behind SPYTotal return, distributions reinvestedSPY+16.6%SPIN+11.3%5.2 pts behind SPY

What they hold in common

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

Only in each
Only in OVLHOnly in SPIN
Vanguard S&P 500 ETF 100.00%NVIDIA CORP 9.87%
MICROSOFT CORP 7.06%
APPLE INC 6.03%
ALPHABET INC CL A 5.65%
AMAZON.COM INC 4.87%
BROADCOM INC 3.23%
META PLATFORMS INC CLASS A 3.14%
MICRON TECHNOLOGY INC 2.91%

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 18, 2026.

Performance, window by window

OVLH and SPIN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OVLHSPINOVLHSPINOVLHSPIN
3 months+0.5%+3.7%0.0%0.8%−1.7 pts+1.4 pts
6 months+11.0%+12.3%0.0%3.2%−7.0 pts−5.8 pts
1 year+9.1%+11.3%0.3%5.2%−7.5 pts−5.2 pts
3 years+54.7%not published1.7%not published−23.7 ptsnot published
Since launch+73.7%+28.5%3.1%15.2%−45.2 pts−13.7 pts
Open the live comparison on ETFIQ
OVLH and SPIN 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
SPIN
State Street(R) US Equity Premium Income ETF
Covered call on SPY, paying monthly
IssuerOverlay SharesState Street
Strategyput-selling overlay, hedgedcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysannualmonthly
Payout rate, annualized0.3%2.7%
Expense rationot published0.25%
Cash paid, 1 year0.3%5.2%
Price change, 1 year+8.8%+5.8%
Total return, 1 year+9.1%+11.3%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−7.5 pts−5.2 pts
Return of capital, latest estimatenot publishednot published
Age2072 days743 days
Net assets$116m$48m

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.

SPIN in plain words

Over the year to Sep 18, 2026, SPIN paid 5.2% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +11.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 2.7%, paid monthly.

Questions people ask

Which paid more, OVLH or SPIN?
Over the year to Sep 18, 2026, OVLH paid 0.3% of its starting price in cash and SPIN paid 5.2%, so SPIN 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 SPIN?
With every distribution reinvested, OVLH returned +9.1% and SPIN returned +11.3% over the year to Sep 18, 2026, so SPIN 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 SPIN, 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 SPIN, data as of Sep 18, 2026. https://etfiq.com/compare/income/ovlh-vs-spin Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources