Data as of .
OVS vs RDTY: which paid, and which earned it?
Over the year RDTY paid 34.2% of its price in cash against OVS’s 9.8%, though OVS returned more with it reinvested.
ETFIQ Return Stability Score: OVS scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, OVS and RDTY hold 0% of their money in the same securities at the same weight.
| Only in OVS | Only in RDTY |
|---|---|
| iShares Core S&P Small-Cap ETF 100.00% | TREASURY BILL 100.00% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OVS | RDTY | OVS | RDTY | OVS | RDTY | |
| 3 months | −2.7% | +0.8% | 2.6% | 8.8% | +0.9 pts | +4.4 pts |
| 6 months | +16.8% | +19.6% | 5.9% | 19.5% | −1.1 pts | +1.7 pts |
| 1 year | +18.9% | +15.7% | 9.8% | 34.2% | +1.7 pts | −1.5 pts |
| 3 years | +57.0% | not published | 20.3% | not published | −5.5 pts | not published |
| Since launch | +113.2% | +30.1% | 39.6% | 49.9% | +4.5 pts | −10.8 pts |
| OVS Overlay Shares Small Cap Equity ETF Put-selling overlay on IWM, paying monthly | RDTY YieldMax(R) R2000 0DTE Covered Call Strategy ETF 0DTE covered call on IWM, paying weekly | |
|---|---|---|
| Issuer | Overlay Shares | YieldMax |
| Strategy | put-selling overlay | 0DTE covered call |
| Benchmark | Russell 2000 (IWM) | Russell 2000 (IWM) |
| Pays | monthly | weekly |
| Payout rate, annualized | 11.0% | 29.1% |
| Expense ratio | not published | 1.73% |
| Cash paid, 1 year | 9.8% | 34.2% |
| Price change, 1 year | +8.5% | −21.8% |
| Total return, 1 year | +18.9% | +15.7% |
| Benchmark return, 1 year | +17.2% | +17.2% |
| Ahead or behind | +1.7 pts | −1.5 pts |
| Return of capital, latest estimate | not published | 70% |
| Age | 2544 days | 561 days |
| Net assets | $28m | $19m |
OVS in plain words
Over the year to Sep 18, 2026, OVS paid 9.8% of its starting value in cash distributions while its price rose 8.5%. With every distribution reinvested, the fund returned +18.9%. Russell 2000 (IWM) returned +17.2% over the same days, so a holder was ahead by 1.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.0%, paid monthly.
RDTY in plain words
Over the year to Sep 18, 2026, RDTY paid 34.2% of its starting value in cash distributions while its price fell 21.8%. With every distribution reinvested, the fund returned +15.7%. Russell 2000 (IWM) returned +17.2% over the same days, so a holder was behind by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.1%, paid weekly. YieldMax estimates that 70% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, OVS or RDTY?
- Over the year to Sep 18, 2026, OVS paid 9.8% of its starting price in cash and RDTY paid 34.2%, so RDTY paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, OVS or RDTY?
- With every distribution reinvested, OVS returned +18.9% and RDTY returned +15.7% over the year to Sep 18, 2026, so OVS returned more.
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, OVS against RDTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/ovs-vs-rdty Free to use with attribution; the underlying files are at Open data.