Data as of Nov 12, 2026.
OVQ vs QLDY: Dividend Yield & Total Return
Return, fees and overlap, side by side.
Pair scorecard
OVQ costs 0.07 points a year less.
Points (pts) are percentage points.
| Measure | OVQ | QLDY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +8.2% |
| Price change | fell 2.9% (since Oct 23, 2026) | fell 27.5% (1 year) |
| Return of capital, issuer estimate | 1% of the Nov 5, 2026 payment | |
| Against its benchmark | ||
| Benchmark | not published | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.97% | 1.04% |
| Net assets | not read by ETFIQ | $54m |
| Holdings | ||
| Holdings in common | not published | |
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, 2026.3.1 pts behind QQQ
QLDY over 1 year: paid 35.0%, price −27.5%, total +8.2%, QQQ +11.3%, −3.1 pts. Data to Nov 12, 2026.
QQQ
+11.3%
QLDY
+8.2%
35.0% of it arrived as cash
3.1 pts behind QQQ
Total return, distributions reinvested
3.1 pts behind QQQ
QLDY over 1 year: paid 35.0%, price −27.5%, total +8.2%, QQQ +11.3%, −3.1 pts. Data to Nov 12, 2026.
QQQ
+11.3%
QLDY
+8.2%
35.0% cash
3.1 pts behind QQQ
35.0% of it arrived as cash. Both charts share one scale, with zero at the line. QLDY over 1 year: paid 35.0%, price −27.5%, total +8.2%, QQQ +11.3%, −3.1 pts. Data to Nov 12, 2026.
Data to Nov 12, 2026.Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | OVQ | QLDY | OVQ | QLDY | OVQ | QLDY |
| 3 months | – | −6.7% | – | 9.3% | – | −0.8 pts |
| 6 months | – | −7.2% | – | 17.8% | – | −3.1 pts |
| 1 year | – | +8.2% | – | 35.0% | – | −3.1 pts |
| Since launchNot the same days: OVQ Oct 2026 · QLDY Sep 2025 | −2.9% | +12.6% | 0.0% | 39.6% | not measured | −3.6 pts |
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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%.
QLDY
Over the year to Nov 12, 2026, QLDY paid 35.0% of its starting value in cash distributions while its price fell 27.5%. With every distribution reinvested, the fund returned +8.2%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was behind by 3.1 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 19.8%, paid weekly. Defiance estimates that 1% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
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How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, OVQ against QLDY, data as of Nov 12, 2026. https://etfiq.com/compare/income/ovq-vs-qldy
ETFIQ. (Nov 12, 2026). OVQ against QLDY. Retrieved from https://etfiq.com/compare/income/ovq-vs-qldy
[OVQ against QLDY (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/income/ovq-vs-qldy)
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OVQ and QLDY both write options for income.