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Data as of .

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

Over the year TDAQ paid 17.4% of its price in cash against OVLH’s 0.3%, and returned more with it reinvested.

Overlay Shares Hedged Large Cap Equity ETF and TappAlpha Innovation 100 Growth & Daily Income ETF.

0.3%OVLH cash paid, 1 year
17.4%TDAQ cash paid, 1 year
+9.1%OVLH total return, 1 year
+22.8%TDAQ total return, 1 year

ETFIQ Return Stability Score: TDAQ scores higher

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

OVLH 61.5TDAQ 74.53.8, 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
TDAQ1 pt ahead of QQQ · 1 year to Sep 18, 2026
QQQ+21.8%TDAQ+22.8%17.4% of it arrived as cash1 pt ahead of QQQTotal return, distributions reinvestedQQQ+21.8%TDAQ+22.8%17.4% as cash1 pt ahead of QQQ

What they hold in common

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

Only in each
Only in OVLHOnly in TDAQ
Vanguard S&P 500 ETF 100.00%Invesco Nasdaq 100 ETF 100.00%

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 Jun 30, 2026 and May 31, 2026.

Performance, window by window

OVLH and TDAQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OVLHTDAQOVLHTDAQOVLHTDAQ
3 months+0.5%−1.0%0.0%4.1%−1.7 pts+1.5 pts
6 months+11.0%+22.7%0.0%9.7%−7.0 pts−1.6 pts
1 year+9.1%+22.8%0.3%17.4%−7.5 pts+1.0 pts
3 years+54.7%not published1.7%not published−23.7 ptsnot published
Since launch+73.7%+27.2%3.1%18.0%−45.2 pts+1.2 pts
Open the live comparison on ETFIQ
OVLH and TDAQ 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
TDAQ
TappAlpha Innovation 100 Growth & Daily Income ETF
Option income on QQQ, paying monthly
IssuerOverlay SharesTappAlpha
Strategyput-selling overlay, hedgedoption income
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ), used as the innovation proxy
Paysannualmonthly
Payout rate, annualized0.3%17.1%
Expense rationot published0.83%
Cash paid, 1 year0.3%17.4%
Price change, 1 year+8.8%+3.4%
Total return, 1 year+9.1%+22.8%
Benchmark return, 1 year+16.6%+21.8%
Ahead or behind−7.5 pts+1.0 pts
Return of capital, latest estimatenot publishednot published
Age2072 days379 days
Net assets$116m$248m

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.

TDAQ in plain words

Over the year to Sep 18, 2026, TDAQ paid 17.4% of its starting value in cash distributions while its price rose 3.4%. With every distribution reinvested, the fund returned +22.8%. Nasdaq-100 (QQQ), used as the innovation proxy returned +21.8% over the same days, so a holder was ahead by 1.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 17.1%, paid monthly.

Questions people ask

Which paid more, OVLH or TDAQ?
Over the year to Sep 18, 2026, OVLH paid 0.3% of its starting price in cash and TDAQ paid 17.4%, so TDAQ 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 TDAQ?
With every distribution reinvested, OVLH returned +9.1% and TDAQ returned +22.8% over the year to Sep 18, 2026, so TDAQ 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 TDAQ, 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 TDAQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/ovlh-vs-tdaq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources