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Data as of .

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

Over the year XDTE paid 26.5% of its price in cash against OVLH’s 0.3%, and returned more with it reinvested.

Overlay Shares Hedged Large Cap Equity ETF and Roundhill S&P 500 0DTE Covered Call Strategy ETF.

0.3%OVLH cash paid, 1 year
26.5%XDTE cash paid, 1 year
+9.1%OVLH total return, 1 year
+15.6%XDTE total return, 1 year

ETFIQ Return Stability Score: OVLH scores higher

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

OVLH 61.5XDTE 41.43.8, 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
XDTE1 pt behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XDTE+15.6%26.5% of it arrived as cash1 pt behind SPYTotal return, distributions reinvestedSPY+16.6%XDTE+15.6%26.5% as cash1 pt behind SPY

What they hold in common

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

Only in each
Only in OVLHOnly in XDTE
Vanguard S&P 500 ETF 100.00%SPX 03/19/2027 678.8 C 66.30%
SPX 06/11/2027 678.8 C 24.62%
Roundhill Weekly T-Bill ETF 7.23%
First American Government Obligations Fund 12/01/2031 1.84%

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 XDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OVLHXDTEOVLHXDTEOVLHXDTE
3 months+0.5%+2.5%0.0%5.1%−1.7 pts+0.3 pts
6 months+11.0%+14.9%0.0%10.6%−7.0 pts−3.1 pts
1 year+9.1%+15.6%0.3%26.5%−7.5 pts−1.0 pts
3 years+54.7%not published1.7%not published−23.7 ptsnot published
Since launch+73.7%+45.9%3.1%59.5%−45.2 pts−6.9 pts
Open the live comparison on ETFIQ
OVLH and XDTE 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
XDTE
Roundhill S&P 500 0DTE Covered Call Strategy ETF
0DTE covered call on SPY, paying weekly
IssuerOverlay SharesRoundhill
Strategyput-selling overlay, hedged0DTE covered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysannualweekly
Payout rate, annualized0.3%15.2%
Expense rationot published0.97%
Cash paid, 1 year0.3%26.5%
Price change, 1 year+8.8%−13.4%
Total return, 1 year+9.1%+15.6%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−7.5 pts−1.0 pts
Return of capital, latest estimatenot publishednot published
Age2072 days925 days
Net assets$116m$336m

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.

XDTE in plain words

Over the year to Sep 18, 2026, XDTE paid 26.5% of its starting value in cash distributions while its price fell 13.4%. With every distribution reinvested, the fund returned +15.6%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.2%, paid weekly.

Questions people ask

Which paid more, OVLH or XDTE?
Over the year to Sep 18, 2026, OVLH paid 0.3% of its starting price in cash and XDTE paid 26.5%, so XDTE 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 XDTE?
With every distribution reinvested, OVLH returned +9.1% and XDTE returned +15.6% over the year to Sep 18, 2026, so XDTE 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 XDTE, 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 XDTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/ovlh-vs-xdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources