Data as of Nov 4, 2026.
OVLH vs TMGN: Dividend Yield & Total Return
OVLH and TMGN 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 TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF.
7.8 pts behind VOO
OVLH over 1 year: paid 0.3%, price +6.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.
VOO
+14.8%
OVLH
+7.0%
7.8 pts behind VOO
Total return, distributions reinvested
7.8 pts behind VOO
OVLH over 1 year: paid 0.3%, price +6.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.
VOO
+14.8%
OVLH
+7.0%
7.8 pts behind VOO
0.3% of it arrived as cash. Total return, distributions reinvested. OVLH over 1 year: paid 0.3%, price +6.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Not measured
TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
TMGN
+5.2%
5.4% of it arrived as cash
Total return, distributions reinvested
Not measured
TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
TMGN
+5.2%
5.4% of it arrived as cash. Both charts share one scale, with zero at the line. TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
OVLH costs 0.08 points a year less.
Points (pts) are percentage points.
| Measure | OVLH | TMGN |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +7.0% | not published |
| Price change | rose 6.7% (1 year) | fell 0.1% (since Jul 15, 2026) |
| Return of capital, issuer estimate | 38% of the Dec 29, 2023 payment | 100% of the Oct 28, 2026 payment |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | not published |
| Cost and size | ||
| Expense ratio | 0.80% | 0.88% |
| Net assets | $109m | not read by ETFIQ |
| Holdings | ||
| Holdings in common | not published | |
Side by side
As of Nov 4, 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 | TMGN | OVLH | TMGN | OVLH | TMGN |
| 3 months | −1.4% | +3.6% | 0.0% | 5.3% | −1.3 pts | not measured |
| 6 months | +1.6% | – | 0.0% | – | −3.5 pts | – |
| 1 year | +7.0% | – | 0.3% | – | −7.8 pts | – |
| 3 years | +58.6% | – | 1.7% | – | −24.8 pts | – |
| Since launchNot the same days: OVLH Jan 2021 · TMGN Jul 2026 | +73.9% | +5.2% | 3.2% | 5.4% | −47.2 pts | not measured |
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OVLH
Over the year to Nov 4, 2026, OVLH paid 0.3% of its starting value in cash distributions while its price rose 6.7%. With every distribution reinvested, the fund returned +7.0%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 7.8 pts. At its price on Nov 4, 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.
TMGN
Over the period from its first trade on Jul 15, 2026 to Nov 4, 2026, TMGN paid 5.4% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +5.2%. At its price on Nov 4, 2026 the latest distribution annualizes to 21.7%, paid monthly. TappAlpha estimates that 100% of the distribution paid Oct 28, 2026 was a return of capital (its 19a-1 notice).
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 TMGN, data as of Nov 4, 2026. https://etfiq.com/compare/income/ovlh-vs-tmgn
ETFIQ. (Nov 4, 2026). OVLH against TMGN. Retrieved from https://etfiq.com/compare/income/ovlh-vs-tmgn
[OVLH against TMGN (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/ovlh-vs-tmgn)
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