Data as of Nov 12, 2026.

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OVQ vs PCOV: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
–
no data for this window
Fee gap
0.63 pts
A year: OVQ 0.97%, PCOV 0.34%, per filings dated Oct 20, 2026 and Oct 27, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

PCOV costs 0.63 points a year less.

Points (pts) are percentage points.

OVQ vs PCOV: Dividend Yield & Total Return
MeasureOVQPCOV
Paid and earned
Price changefell 2.9% (since Oct 23, 2026)fell 1.8% (since Aug 19, 2026)
Cost and size
Expense ratio0.97%0.34%
Net assetsnot read by ETFIQ$10m
Holdings
Holdings in commonnot published

Method

Key numbers
0.0%
OVQ cash paid, since launch, Oct 23, 2026
1.9%
PCOV cash paid, since launch, Aug 19, 2026
−2.9%
OVQ total return, since launch, Oct 23, 2026
+0.1%
PCOV total return, since launch, Aug 19, 2026
OVQ · since launch to Nov 12, 2026 Not measured
OVQ
−2.9%
none

Not measured

OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.

OVQ

−2.9%

Total return, distributions reinvested

Not measured

OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.

OVQ

−2.9%

0.0% of it arrived as cash. Total return, distributions reinvested. OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.
PCOV · since launch to Nov 12, 2026 Not measured
PCOV
+0.1%
none

Not measured

PCOV since launch: paid 1.9%, price −1.8%, total +0.1%, not measured against a benchmark. Data to Nov 12, 2026.

PCOV

+0.1%

Total return, distributions reinvested

Not measured

PCOV since launch: paid 1.9%, price −1.8%, total +0.1%, not measured against a benchmark. Data to Nov 12, 2026.

PCOV

+0.1%

1.9% of it arrived as cash. Both charts share one scale, with zero at the line. PCOV since launch: paid 1.9%, price −1.8%, total +0.1%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

OVQ Overlay Shares Nasdaq 100 Income ETF · Put-selling overlay PCOV Principal Equity Premium Income ETF · Covered call
Strategy put-selling overlay covered call
Benchmark not set not set
Pays not established not established
Payout rate, annualized not published 7.2%
Expense ratio 0.97% 0.34%
Cash paid, 1 year 0.0% (since launch, Oct 23, 2026) 1.9% (since launch, Aug 19, 2026)
Price change, 1 year −2.9% (since launch, Oct 23, 2026) −1.8% (since launch, Aug 19, 2026)
Total return, 1 year −2.9% (since launch, Oct 23, 2026) +0.1% (since launch, Aug 19, 2026)
Benchmark return, 1 year not published not published
Ahead or behind not available not available
Return of capital, latest estimate not published not published
Age 20 days 85 days
Net assets not read by ETFIQ $10m

As of Nov 12, 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

Window by window: OVQ vs PCOV: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowOVQPCOVOVQPCOVOVQPCOV
Since launchNot the same days: OVQ Oct 2026 · PCOV Aug 2026−2.9%+0.1%0.0%1.9%not measurednot measured

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About each fund
OVQ

Over the period from its first trade on Oct 23, 2026 to Nov 12, 2026, OVQ paid 0.0% of its starting value in cash distributions while its price fell 2.9%. With every distribution reinvested, the fund returned −2.9%.

PCOV

Over the period from its first trade on Aug 19, 2026 to Nov 12, 2026, PCOV paid 1.9% of its starting value in cash distributions while its price fell 1.8%. With every distribution reinvested, the fund returned +0.1%. At its price on Nov 12, 2026 the latest distribution annualizes to 7.2%, paid periodically.

Questions people ask

Which is cheaper, OVQ or PCOV?
OVQ charges 0.97% a year and PCOV charges 0.34%, so PCOV is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, OVQ against PCOV, data as of Nov 12, 2026. https://etfiq.com/compare/income/ovq-vs-pcov

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.

OVQ and PCOV both write options for income.