Data as of Nov 12, 2026.

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Income ETFs

OVQ vs VOOY: Dividend Yield & Total Return

OVQ and VOOY both write options for income.

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Overlay Shares Nasdaq 100 Income ETF and XFUNDS Large Cap Income ETF.

Return gap
–
no data for this window
Fee gap
0.22 pts
A year: OVQ 0.97%, VOOY 0.75%, per filings dated Sep 4, 2026 and Oct 20, 2026
Overlap
–
No book read for both funds
Net flow
–
Needs daily flows for both funds

Pair scorecard

VOOY costs 0.22 points a year less.

Points (pts) are percentage points.

OVQ vs VOOY: Dividend Yield & Total Return
MeasureOVQVOOY
Paid and earned
Price changefell 2.9% (since Oct 23, 2026)fell 2.2% (since Sep 2, 2026)
Return of capital, issuer estimate46% of the Nov 4, 2026 payment
Cost and size
Expense ratio0.97%0.75%
Holdings
Holdings in commonnot published

Method

Key numbers
0.0%
OVQ cash paid, since launch, Oct 23, 2026
1.5%
VOOY cash paid, since launch, Sep 2, 2026
−2.9%
OVQ total return, since launch, Oct 23, 2026
−0.7%
VOOY total return, since launch, Sep 2, 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.
VOOY · since launch to Nov 12, 2026 Not measured
VOOY
−0.7%
none

Not measured

VOOY since launch: paid 1.5%, price −2.2%, total −0.7%, not measured against a benchmark. Data to Nov 12, 2026.

VOOY

−0.7%

Total return, distributions reinvested

Not measured

VOOY since launch: paid 1.5%, price −2.2%, total −0.7%, not measured against a benchmark. Data to Nov 12, 2026.

VOOY

−0.7%

1.5% of it arrived as cash. Both charts share one scale, with zero at the line. VOOY since launch: paid 1.5%, price −2.2%, total −0.7%, 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 VOOY XFUNDS Large Cap Income ETF · Option income
Strategy put-selling overlay option income
Benchmark not set not set
Pays not established not established
Payout rate, annualized not published 9.2%
Expense ratio 0.97% 0.75%
Cash paid, 1 year 0.0% (since launch, Oct 23, 2026) 1.5% (since launch, Sep 2, 2026)
Price change, 1 year −2.9% (since launch, Oct 23, 2026) −2.2% (since launch, Sep 2, 2026)
Total return, 1 year −2.9% (since launch, Oct 23, 2026) −0.7% (since launch, Sep 2, 2026)
Benchmark return, 1 year not published not published
Ahead or behind not available not available
Return of capital, latest estimate not published 46%
Age 20 days 71 days
Net assets not read by ETFIQ not read by ETFIQ

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 VOOY: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowOVQVOOYOVQVOOYOVQVOOY
Since launchNot the same days: OVQ Oct 2026 · VOOY Sep 2026−2.9%−0.7%0.0%1.5%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%.

VOOY

Over the period from its first trade on Sep 2, 2026 to Nov 12, 2026, VOOY paid 1.5% of its starting value in cash distributions while its price fell 2.2%. With every distribution reinvested, the fund returned −0.7%. At its price on Nov 12, 2026 the latest distribution annualizes to 9.2%, paid periodically. XFUNDS estimates that 46% of the distribution paid Nov 4, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, OVQ or VOOY?
OVQ charges 0.97% a year and VOOY charges 0.75%, so VOOY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

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

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