Data as of .
OVLH vs XSHP: which paid, and which earned it?
OVLH and XSHP both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OVLH | XSHP | OVLH | XSHP | OVLH | XSHP | |
| 3 months | +0.5% | −11.0% | 0.0% | 7.4% | −1.7 pts | −13.3 pts |
| 6 months | +11.0% | not published | 0.0% | not published | −7.0 pts | not published |
| 1 year | +9.1% | not published | 0.3% | not published | −7.5 pts | not published |
| 3 years | +54.7% | not published | 1.7% | not published | −23.7 pts | not published |
| Since launch | +73.7% | −13.1% | 3.1% | 7.3% | −45.2 pts | −16.4 pts |
| OVLH Overlay Shares Hedged Large Cap Equity ETF Put-selling overlay, hedged on SPY, paying annual | XSHP Kurv SpaceX (SPAX) Enhanced Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Overlay Shares | Kurv |
| Strategy | put-selling overlay, hedged | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as the proxy |
| Pays | annual | monthly |
| Payout rate, annualized | 0.3% | 33.5% |
| Expense ratio | not published | 0.99% |
| Cash paid, 1 year | 0.3% | 7.3% (since launch on Jun 17, 2026) |
| Price change, 1 year | +8.8% | −21.8% |
| Total return, 1 year | +9.1% | −13.1% (since launch on Jun 17, 2026) |
| Benchmark return, 1 year | +16.6% | +3.3% |
| Ahead or behind | −7.5 pts | −16.4 pts |
| Return of capital, latest estimate | not published | 94% |
| Age | 2072 days | 93 days |
| Net assets | $116m | $7m |
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.
XSHP in plain words
Over the period since launch on Jun 17, 2026 to Sep 18, 2026, XSHP paid 7.3% of its starting value in cash distributions while its price fell 21.8%. With every distribution reinvested, the fund returned −13.1%. S&P 500 (SPY), used as the proxy returned +3.3% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 33.5%, paid monthly. Kurv estimates that 94% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
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.
Cite this page. ETFIQ, OVLH against XSHP, data as of Sep 18, 2026. https://etfiq.com/compare/income/ovlh-vs-xshp Free to use with attribution; the underlying files are at Open data.