Data as of Nov 4, 2026.
OVS vs RYLG: Dividend Yield & Total Return
Over the year to Nov 4, 2026, OVS paid 11.3% of its price in cash against RYLG’s 10.7%, and returned more with it reinvested.
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Net assets: $39m on Aug 31, 2026 for Overlay Shares Small Cap Equity ETF, and $7.7m on Oct 12, 2026 for Global X Russell 2000 Covered Call & Growth ETF.
2.2 pts ahead of IJR
OVS over 1 year: paid 11.3%, price +14.4%, total +26.4%, IJR +24.2%, +2.2 pts. Data to Nov 4, 2026.
IJR
+24.2%
OVS
+26.4%
11.3% of it arrived as cash
2.2 pts ahead of IJR
Total return, distributions reinvested
2.2 pts ahead of IJR
OVS over 1 year: paid 11.3%, price +14.4%, total +26.4%, IJR +24.2%, +2.2 pts. Data to Nov 4, 2026.
IJR
+24.2%
OVS
+26.4%
2.2 pts ahead of IJR
11.3% of it arrived as cash. Total return, distributions reinvested. OVS over 1 year: paid 11.3%, price +14.4%, total +26.4%, IJR +24.2%, +2.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.3 pts behind IWM
RYLG over 1 year: paid 10.7%, price +4.4%, total +16.0%, IWM +19.0%, −3.0 pts. Data to Nov 4, 2026.
IWM
+19.0%
RYLG
+16.0%
10.7% of it arrived as cash
3 pts behind IWM
Total return, distributions reinvested
3 pts behind IWM
RYLG over 1 year: paid 10.7%, price +4.4%, total +16.0%, IWM +19.0%, −3.0 pts. Data to Nov 4, 2026.
IWM
+19.0%
RYLG
+16.0%
3 pts behind IWM
10.7% of it arrived as cash. Both charts share one scale, 0 to +26.4%. RYLG over 1 year: paid 10.7%, price +4.4%, total +16.0%, IWM +19.0%, −3.0 pts. Data to Nov 4, 2026.
Both charts share one scale, 0 to +26.4%. Data to Nov 4, 2026.Pair scorecard
RYLG costs 0.48 points a year less; their one-year returns differ by 10.4 points.
Points (pts) are percentage points.
| Measure | OVS | RYLG |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +26.4% | +16.0% |
| Price change, 1 year | rose 14.4% | rose 4.4% |
| Return of capital, issuer estimate | 100% of the Oct 29, 2026 payment | 100% of the Sep 24, 2026 payment |
| Against its benchmark | ||
| Benchmark | iShares Core S&P Small-Cap ETF, measured through IJR | Russell 2000, measured through IWM |
| Against its benchmark, same days | ahead by 2.2 pts | behind by 3.0 pts |
| Cost and size | ||
| Expense ratio | 0.83% | 0.35% |
| Net assets, OVS as of Aug 31, 2026 and RYLG as of Oct 12, 2026 | $39m | $7.7m |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed
One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
What they share
By the books each fund has filed, OVS and RYLG hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 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 | OVS | RYLG | OVS | RYLG | OVS | RYLG |
| 3 months | −4.1% | −3.8% | 2.5% | 1.4% | −0.4 pts | +1.2 pts |
| 6 months | +2.9% | +2.0% | 5.2% | 3.4% | −0.6 pts | +2.5 pts |
| 1 year | +26.4% | +16.0% | 11.3% | 10.7% | +2.2 pts | −3.0 pts |
| 3 years | +67.1% | +50.0% | 22.8% | 40.2% | +8.2 pts | −18.3 pts |
| Since launchNot the same days: OVS Oct 2019 · RYLG Oct 2022 | +118.6% | +46.2% | 42.4% | 44.5% | +9.8 pts | −24.6 pts |
OVS
Over the year to Nov 4, 2026, OVS paid 11.3% of its starting value in cash distributions while its price rose 14.4%. With every distribution reinvested, the fund returned +26.4%. iShares Core S&P Small-Cap ETF (IJR) returned +24.2% over the same days, so a holder was ahead by 2.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 10.3%, paid monthly. Overlay Shares estimates that 100% of the distribution paid Oct 29, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
RYLG
Over the year to Nov 4, 2026, RYLG paid 10.7% of its starting value in cash distributions while its price rose 4.4%. With every distribution reinvested, the fund returned +16.0%. Russell 2000 (IWM) returned +19.0% over the same days, so a holder was behind by 3.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.7%, paid monthly. Global X estimates that 100% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, OVS against RYLG, data as of Nov 4, 2026. https://etfiq.com/compare/income/ovs-vs-rylg
ETFIQ. (Nov 4, 2026). OVS against RYLG. Retrieved from https://etfiq.com/compare/income/ovs-vs-rylg
[OVS against RYLG (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/ovs-vs-rylg)
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