Data as of Nov 12, 2026.

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OVQ vs SCLZ: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap
–
no data for this window
Fee gap
0.18 pts
A year: OVQ 0.97%, SCLZ 0.79%, per filings dated Oct 20, 2026 and Oct 28, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

SCLZ costs 0.18 points a year less.

Points (pts) are percentage points.

OVQ vs SCLZ: Dividend Yield & Total Return
MeasureOVQSCLZ
Paid and earned
Total return, 1 yearnot published+9.8%
Price changefell 2.9% (since Oct 23, 2026)rose 0.9% (1 year)
Against its benchmark
Benchmarknot publishedS&P 500, measured through SPY
Cost and size
Expense ratio0.97%0.79%
Net assetsnot read by ETFIQ$20m
Holdings
Holdings in commonnot published

Method

Key numbers
0.0%
OVQ cash paid, since launch, Oct 23, 2026
8.4%
SCLZ cash paid, 1 year
−2.9%
OVQ total return, since launch, Oct 23, 2026
+9.8%
SCLZ total return, 1 year
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.
SCLZ · 1 year to Nov 12, 2026 2.2 pts behind SPY
SCLZ
+9.8%
SPY
+12.0%

2.2 pts behind SPY

SCLZ over 1 year: paid 8.4%, price +0.9%, total +9.8%, SPY +12.0%, −2.2 pts. Data to Nov 12, 2026.

SPY

+12.0%

SCLZ

+9.8%

8.4% of it arrived as cash

2.2 pts behind SPY

Total return, distributions reinvested

2.2 pts behind SPY

SCLZ over 1 year: paid 8.4%, price +0.9%, total +9.8%, SPY +12.0%, −2.2 pts. Data to Nov 12, 2026.

SPY

+12.0%

SCLZ

+9.8%

8.4% cash

2.2 pts behind SPY

8.4% of it arrived as cash. Both charts share one scale, with zero at the line. SCLZ over 1 year: paid 8.4%, price +0.9%, total +9.8%, SPY +12.0%, −2.2 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

OVQ Overlay Shares Nasdaq 100 Income ETF · Put-selling overlay SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly
Strategy put-selling overlay dividend stocks with call overlay
Benchmark not set S&P 500 (SPY)
Pays not established monthly
Payout rate, annualized not published 8.7%
Expense ratio 0.97% 0.79%
Cash paid, 1 year 0.0% (since launch, Oct 23, 2026) 8.4%
Price change, 1 year −2.9% (since launch, Oct 23, 2026) +0.9%
Total return, 1 year −2.9% (since launch, Oct 23, 2026) +9.8%
Benchmark return, 1 year not published +12.0%
Ahead or behind not available −2.2 pts
Return of capital, latest estimate not published not published
Age 20 days 2.7 years
Net assets not read by ETFIQ $20m

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 SCLZ: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowOVQSCLZOVQSCLZOVQSCLZ
3 months–−0.2%–2.1%–+2.2 pts
6 months–+3.7%–4.3%–+2.0 pts
1 year–+9.8%–8.4%–−2.2 pts
Since launchNot the same days: OVQ Oct 2026 · SCLZ Feb 2024−2.9%+35.9%0.0%21.2%not measured−18.3 pts

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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%.

SCLZ

Over the year to Nov 12, 2026, SCLZ paid 8.4% of its starting value in cash distributions while its price rose 0.9%. With every distribution reinvested, the fund returned +9.8%. S&P 500 (SPY) returned +12.0% over the same days, so a holder was behind by 2.2 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 8.7%, paid monthly.

Questions people ask

Which is cheaper, OVQ or SCLZ?
OVQ charges 0.97% a year and SCLZ charges 0.79%, so SCLZ is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, OVQ against SCLZ, data as of Nov 12, 2026. https://etfiq.com/compare/income/ovq-vs-sclz

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OVQ and SCLZ both write options for income.