OVB Overlay Shares Core Bond ETF
Share ▾
$19.80
+0.8% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.
Over the year to Nov 4, 2026, OVB paid 6.4% in cash and returned 2.5% in total, against 0.2% for AGG.
Why did OVB return +12.1% from Oct 2019 to Oct 2026, against AGG’s +5.1%?Is OVB’s payout of 6.2% a year sustainable?What do OVB’s net flows of −$533k over the 3 years to Aug 31, 2026 mean?
Put-selling overlay on AGG, paying monthlyOverlay Shares ↗Expense ratio 0.79%Fund assets $47m net assets, latest filing (Aug 31, 2026)First traded Oct 1, 2019Benchmark US investment grade bonds (AGG)SEC filings ↗Every Overlay Shares fund ETFIQ coversDividend history
Promise check: MissedOver the year to Nov 4, 2026, OVB paid 6.4% in cash and returned 2.5% in total, covering 39.1% of its payout.
ETFIQetfiq.com · independent ETF data
OVB risk and return scorecard
vs AGG · Oct 2019 to Oct 2026 · 368 weekly returns · dividend-adjusted
OVB +12.1%, AGG +5.1%, Oct 2019 to Oct 2026, distributions reinvested.
Return
MeasureOVBAGGEdge
Total return+12.1%+5.1%OVB
Annualized+1.6%+0.7%OVB
Price return−21.3%−14.5%AGG
Risk
MeasureOVBAGGEdge
Volatility7.1%5.9%AGG
Max drawdown−21.4%−18.2%AGG
Upside capture115.6%100.0%OVB
Downside capture107.0%100.0%AGG (slight)
Risk-adjusted
MeasureOVBAGGEdge
Sharpe ratio−0.15−0.34OVB
Sortino ratio−0.20−0.47OVB
Alpha vs AGG
MeasureOVBAGGEdge
Alpha, a year+1.2%Not significant
Alpha t-stat0.99
Beta to AGG1.081.00Higher beta
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
Net fund flows · Aug 31, 202612 months to Aug 31, 2026
+$11.9m
3 years to Aug 31, 2026
−$533k
5 years to Aug 31, 2026
−$64.9m
What you earned
OVB +2.3%, AGG +2.8%: total return over one month to Nov 4, 2026.
OVB
+2.3%
AGG
+2.8%
Paid 0.5% in cash. Price +1.8%.
OVB −0.5%, AGG −0.3%: total return over three months to Nov 4, 2026.
OVB
−0.5%
AGG
−0.3%
Paid 1.5% in cash. Price −2.1%.
OVB −1.2%, AGG −0.8%: total return over six months to Nov 4, 2026.
OVB
−1.2%
AGG
−0.8%
Paid 3.0% in cash. Price −4.1%.
OVB +1.4%, AGG −0.2%: total return over the year to Nov 4, 2026.
OVB
+1.4%
AGG
−0.2%
Paid 4.9% in cash. Price −3.5%.
OVB +2.5%, AGG +0.2%: total return over one year to Nov 4, 2026.
OVB
+2.5%
AGG
+0.2%
Paid 6.4% in cash. Price −3.9%.
OVB +21.9%, AGG +14.9%: total return over three years to Nov 4, 2026.
OVB
+21.9%
AGG
+14.9%
Paid 19.0% in cash. Price +1.8%.
OVB +0.4%, AGG −1.1%: total return over five years to Nov 4, 2026.
OVB
+0.4%
AGG
−1.1%
Paid 22.5% in cash. Price −24.1%.
OVB +12.5%, AGG +5.1%: total return since launch to Nov 4, 2026.
OVB
+12.5%
AGG
+5.1%
Paid 31.0% in cash. Price −20.9%.
What it paid
13 distributions · latest Oct 28, 2026Pays monthly.
More on OVB
Every number below is on this page. Open what you need.Price and total return, 1 year
$19.80+0.8%1 day, priceClose, Nov 4, 2026
−4%−2%0%2%4%Total return +2.5%Price −3.9%
Nov 4, 2025Nov 4, 2026
Price −3.9%Total return +2.5%
Total return adds every distribution, reinvested. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error
| Window | Total return | Cash paid | Price | AGG | Ahead or behind |
|---|---|---|---|---|---|
| 1M Oct 5 – Nov 4, 2026 | +2.3% | 0.5% | +1.8% | +2.8% | −0.5 pts |
| 3M Aug 5 – Nov 4, 2026 | −0.5% | 1.5% | −2.1% | −0.3% | −0.2 pts |
| 6M May 6 – Nov 4, 2026 | −1.2% | 3.0% | −4.1% | −0.8% | −0.4 pts |
| YTD Dec 31, 2025 – Nov 4, 2026 | +1.4% | 4.9% | −3.5% | −0.2% | +1.6 pts |
| 1Y Nov 4, 2025 – Nov 4, 2026 | +2.5% | 6.4% | −3.9% | +0.2% | +2.3 pts |
| 3Y Nov 3, 2023 – Nov 4, 2026 | +21.9% | 19.0% | +1.8% | +14.9% | +7.0 pts |
| 5Y Nov 5, 2021 – Nov 4, 2026 | +0.4% | 22.5% | −24.1% | −1.1% | +1.5 pts |
| Since launch Oct 1, 2019 – Nov 4, 2026 | +12.5% | 31.0% | −20.9% | +5.1% | +7.4 pts |
| Since launch, annualised Oct 1, 2019 – Nov 4, 2026 | +1.7% | – | – | – | – |
Total returns, distributions reinvested.
Source: Tiingo end-of-day prices, with distributions reinvested.
Where the return came from
OVB
+2.3%
AGG
About even with AGG OVB over 1 month: paid 0.5%, price +1.8%, total +2.3%, AGG +2.8%, −0.5 pts. Data to Nov 4, 2026. AGG +2.8% OVB +2.3% 0.5% as cash about even with AGG Total return, distributions reinvested About even with AGG OVB over 1 month: paid 0.5%, price +1.8%, total +2.3%, AGG +2.8%, −0.5 pts. Data to Nov 4, 2026. AGG +2.8% OVB +2.3% about even with AGG Over the 1 month to Nov 4, 2026, OVB returned +2.3% with distributions reinvested and US investment grade bonds (AGG) returned +2.8%, so a holder came out behind it by 0.5 points. The lighter segment is the 0.5% that arrived as cash rather than as price.+2.8%
Price change +1.8%Cash paid +0.5%, reinvested−0.5 pts vs AGG
OVB
−0.5%
AGG
About even with AGG OVB over 3 months: paid 1.5%, price −2.1%, total −0.5%, AGG −0.3%, −0.2 pts. Data to Nov 4, 2026. AGG −0.3% OVB −0.5% about even with AGG Total return, distributions reinvested About even with AGG OVB over 3 months: paid 1.5%, price −2.1%, total −0.5%, AGG −0.3%, −0.2 pts. Data to Nov 4, 2026. AGG −0.3% OVB −0.5% about even with AGG Over the 3 months to Nov 4, 2026, OVB returned −0.5% with distributions reinvested and US investment grade bonds (AGG) returned −0.3%, so a holder came out behind it by 0.2 points. The lighter segment is the 1.5% that arrived as cash rather than as price.−0.3%
Price change −2.1%Cash paid +1.5%, reinvested−0.2 pts vs AGG
0.0%
OVB
−1.2%
AGG
About even with AGG OVB over 6 months: paid 3.0%, price −4.1%, total −1.2%, AGG −0.8%, −0.4 pts. Data to Nov 4, 2026. AGG −0.8% OVB −1.2% about even with AGG Total return, distributions reinvested About even with AGG OVB over 6 months: paid 3.0%, price −4.1%, total −1.2%, AGG −0.8%, −0.4 pts. Data to Nov 4, 2026. AGG −0.8% OVB −1.2% about even with AGG Over the 6 months to Nov 4, 2026, OVB returned −1.2% with distributions reinvested and US investment grade bonds (AGG) returned −0.8%, so a holder came out behind it by 0.4 points. The lighter segment is the 3.0% that arrived as cash rather than as price.−0.8%
Price change −4.1%Cash paid +3.0%, reinvested−0.4 pts vs AGG
0.0%
OVB
+2.5%
AGG
2.3 pts ahead of AGG OVB over 1 year: paid 6.4%, price −3.9%, total +2.5%, AGG +0.2%, +2.3 pts. Data to Nov 4, 2026. AGG +0.2% OVB +2.5% 6.4% of it arrived as cash 2.3 pts ahead of AGG Total return, distributions reinvested 2.3 pts ahead of AGG OVB over 1 year: paid 6.4%, price −3.9%, total +2.5%, AGG +0.2%, +2.3 pts. Data to Nov 4, 2026. AGG +0.2% OVB +2.5% 6.4% as cash 2.3 pts ahead of AGG Over the 1 year to Nov 4, 2026, OVB returned +2.5% with distributions reinvested and US investment grade bonds (AGG) returned +0.2%, so a holder came out ahead of it by 2.3 points. The lighter segment is the 6.4% that arrived as cash rather than as price.+0.2%
Price change −3.9%Cash paid +6.4%, reinvested+2.3 pts vs AGG
0.0%
OVB
+21.9%
AGG
7 pts ahead of AGG OVB over 3 years: paid 19.0%, price +1.8%, total +21.9%, AGG +14.9%, +7.0 pts. Data to Nov 4, 2026. AGG +14.9% OVB +21.9% 19.0% of it arrived as cash 7 pts ahead of AGG Total return, distributions reinvested 7 pts ahead of AGG OVB over 3 years: paid 19.0%, price +1.8%, total +21.9%, AGG +14.9%, +7.0 pts. Data to Nov 4, 2026. AGG +14.9% OVB +21.9% 19.0% as cash 7 pts ahead of AGG Over the 3 years to Nov 4, 2026, OVB returned +21.9% with distributions reinvested and US investment grade bonds (AGG) returned +14.9%, so a holder came out ahead of it by 7.0 points. The lighter segment is the 19.0% that arrived as cash rather than as price.+14.9%
Price change +1.8%Cash paid +19.0%, reinvested+7.0 pts vs AGG
OVB
+12.5%
AGG
7.4 pts ahead of AGG OVB since launch: paid 31.0%, price −20.9%, total +12.5%, AGG +5.1%, +7.4 pts. Data to Nov 4, 2026. AGG +5.1% OVB +12.5% 31.0% of it arrived as cash 7.4 pts ahead of AGG Total return, distributions reinvested 7.4 pts ahead of AGG OVB since launch: paid 31.0%, price −20.9%, total +12.5%, AGG +5.1%, +7.4 pts. Data to Nov 4, 2026. AGG +5.1% OVB +12.5% 31.0% as cash 7.4 pts ahead of AGG From launch to Nov 4, 2026, OVB returned +12.5% with distributions reinvested and US investment grade bonds (AGG) returned +5.1%, so a holder came out ahead of it by 7.4 points. The lighter segment is the 31.0% that arrived as cash rather than as price.+5.1%
Price change −20.9%Cash paid +31.0%, reinvested+7.4 pts vs AGG
0.0%
32.0
IQ Income ScoreETFIQ Distribution Coverage Score114th of 167 · Nov 4, 2026
0.3 · lowest of 167 income ETFs not writing on a single company99.7 · highest
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
OVB paid 6.4% in cash over the year and returned 2.5% in total, less than it paid out.
total return as a share of the cash paid39.1% · 32nd pct
Money in and out
Monthly data · as of Aug 31, 2026OVB: in the month to Aug 31, 2026, nothing net moved, by its SEC filing.
12 months
+$11.9m
32.4% of $36.7m on Aug 31, 2025
Sep 1, 2025 to Aug 31, 2026
monthly, from SEC filings
Sep 1, 2025 to Aug 31, 2026
monthly, from SEC filings
3 years
−$533k
−1.1% of $49.4m on Aug 31, 2023
Sep 1, 2023 to Aug 31, 2026
monthly, from SEC filings
Sep 1, 2023 to Aug 31, 2026
monthly, from SEC filings
5 years
−$64.9m
−45.1% of $144m on Aug 31, 2021
Sep 1, 2021 to Aug 31, 2026
monthly, from SEC filings
Sep 1, 2021 to Aug 31, 2026
monthly, from SEC filings
Since Mar 2020
−$12.1m
Mar 1, 2020 to Aug 31, 2026
monthly, from SEC filings
monthly, from SEC filings
Computed by ETFIQ from the monthly sales and redemptions OVB files with the SEC on Form N-PORT.
How this is computed
ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Aug 2026. Every day and month ETFIQ holds for OVB, back to Mar 2020, is in its flows file. Flows across every fund · How these flows are computed · Compare OVB with other funds in the flows tool
Month by month, money in and money outSep 2023 to Aug 2026
in, up to +$13m
out, down to −$12mSep 2023Aug 2026
OVB, money in and money out each month from Sep 2023 to Aug 2026: two bars a month, money in above the line and money out below. Every bar is from OVB’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 19 and went out in 13.
Every bar is from OVB’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 19 and went out in 13.
MonthInOutNet
Aug 2026 SEC Form N-PORT$0$0$0
Jul 2026 SEC Form N-PORT+$401k$0+$401k
Jun 2026 SEC Form N-PORT+$1.4m$0+$1.4m
May 2026 SEC Form N-PORT+$615k−$618k−$2k
Apr 2026 SEC Form N-PORT$0−$2.9m−$2.9m
Mar 2026 SEC Form N-PORT+$2.7m$0+$2.7m
Feb 2026 SEC Form N-PORT+$13.0m$0+$13.0m
Jan 2026 SEC Form N-PORT+$1.2m$0+$1.2m
Dec 2025 SEC Form N-PORT+$415k−$417k−$2k
Nov 2025 SEC Form N-PORT+$623k−$619k+$4k
Oct 2025 SEC Form N-PORT$0−$2.1m−$2.1m
Sep 2025 SEC Form N-PORT$0−$1.9m−$1.9m
Aug 2025 SEC Form N-PORT+$410k$0+$410k
Jul 2025 SEC Form N-PORT$0−$11.7m−$11.7m
Jun 2025 SEC Form N-PORT$0−$1.4m−$1.4m
May 2025 SEC Form N-PORT$0−$2.2m−$2.2m
Apr 2025 SEC Form N-PORT+$1.2m−$994k+$213k
Mar 2025 SEC Form N-PORT+$6.7m−$1.0m+$5.6m
Feb 2025 SEC Form N-PORT+$205k$0+$205k
Jan 2025 SEC Form N-PORT+$612k−$6.5m−$5.9m
Dec 2024 SEC Form N-PORT+$606k$0+$606k
Nov 2024 SEC Form N-PORT$0$0$0
Oct 2024 SEC Form N-PORT+$4.6m−$1.3m+$3.3m
Sep 2024 SEC Form N-PORT+$865k$0+$865k
Aug 2024 SEC Form N-PORT$0$0$0
Jul 2024 SEC Form N-PORT+$622k$0+$622k
Jun 2024 SEC Form N-PORT+$4.1m$0+$4.1m
May 2024 SEC Form N-PORT+$204k−$4.4m−$4.2m
Apr 2024 SEC Form N-PORT$0−$1.6m−$1.6m
Mar 2024 SEC Form N-PORT+$1.7m−$830k+$822k
Feb 2024 SEC Form N-PORT+$2.7m−$1.9m+$825k
Jan 2024 SEC Form N-PORT$0$0$0
Dec 2023 SEC Form N-PORT+$1.5m−$520k+$991k
Nov 2023 SEC Form N-PORT$0−$2.0m−$2.0m
Oct 2023 SEC Form N-PORT+$958k$0+$958k
Sep 2023 SEC Form N-PORT+$983k−$4.0m−$3.0m
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Aug 31, 2026. Updated when the fund files its next report.
OVB key stats
52-week high, daily closes to Nov 4, 2026 (ETFIQ)$20.95 on Feb 24, 2026
52-week low, daily closes to Nov 4, 2026 (ETFIQ)$19.40 on Sep 30, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$19.80, 26% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.
OVB return of capital and tax
Return of capital, latest notice (Overlay Shares estimate, Oct 29, 2026)88.0%
Return of capital, distributions paid Dec 24, 2025 to Oct 29, 2026 (Overlay Shares estimates)94.3%
Notices behind that number10 of 11 distributions
Return of capital, fiscal year to Aug 31, 2025 (annual report, filed Nov 4, 2025)48.5%
Options it writes (holdings as of Aug 31, 2026)Options on an index, which are Section 1256 contracts
Estimates are Overlay Shares’s Rule 19a-1 notices, made before the fund year closes. The fiscal year number is the annual report’s tax character. Not tax advice. What a 19a-1 estimate is · Income ETFs by return of capital
Trading
as of Nov 4, 2026
Trading · OVBas of Nov 4, 2026
·
Not scored2 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
How to tradeSpread not read.
Full trading page: components, premium history, dealers →OVB for holders outside the US
US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
OVB interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing
OVB is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work
$0.31
$0.31
$0.08
$0.10
Distributions per share for OVB 13 distributions for OVB, $0.0841 to $0.3144 a share and $0.103 in the middle, Jul 3, 2025 to Oct 28, 2026. 1 further ex-date is expected with no amount the issuer has declared, so it is not drawn. $0.103 the middle one Jul 3, 2025 Oct 28, 2026 $0.3144 a share at the highestJul 2025Monthly, per shareOct 2026
13 distributions for OVB, $0.0841 to $0.3144 a share and $0.103 in the middle, Jul 3, 2025 to Oct 28, 2026. 1 further ex-date is expected with no amount the issuer has declared, so it is not drawn.
Latest
$0.1018
Ex Oct 28, 2026 · paid about 2 days later
Annualized
6.2%
At its price on Nov 4, 2026
Trailing 12 months
6.7%
11 payments, ex Dec 23, 2025 to Oct 28, 2026: $1.3221
Return of capital
88.0%
Latest payout (Overlay Shares estimate)
Next, projected
OVB pays monthly. The last distribution was $0.1018 a share, which went ex on Oct 28, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Nov 27, 2026; that date is an ETFIQ projection, not the issuer’s.
Nov 27, 2026 · pay Nov 30, 2026$0.1018 ETFIQ projection
Expected distributions for OVB. A projected row carries the fund’s own spacing forward from its last ex-date, at the last amount paid. Neither is an issuer statement. Source: ETFIQ.
Every distribution ETFIQ holds for OVB (13, most recent first)
Oct 28, 2026$0.1018
Sep 29, 2026$0.1026
Aug 27, 2026$0.1035
Jul 29, 2026$0.102
Jun 26, 2026$0.1029
May 27, 2026$0.103
Apr 28, 2026$0.1084
Mar 27, 2026$0.0961
Feb 25, 2026$0.0841
Jan 28, 2026$0.1033
Dec 23, 2025$0.3144
Oct 3, 2025$0.3139
Jul 3, 2025$0.3075
Cash distributions per share for OVB. Source: ETFIQ from Tiingo end-of-day distributions.
Source: ETFIQ, from Tiingo end-of-day distributions.
How much of what it paid out did its total return cover?
−272.3% to 2,333.3% across 167
That is the share of the 167 income ETFs not writing on a single company sitting at or below OVB.
One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. Where the fund sits in this set, not a rating. Do not average it with another category's score.
Total return as a share of the cash paid: 39.1% · 32nd pct, −272.3% to 2,333.3% across 167.
Covered the mostOne bar per fund · OVB in whiteCovered the least
Head to head
About OVB
Strategyput-selling overlay
BenchmarkUS investment grade bonds (AGG)
How the benchmark is set (ETFIQ)OVB's shareholder report names the Bloomberg US Aggregate Bond Index (shareholder report, Form N-CSR, accession 0001133228-25-011702, filed 2025-11-04), and most of its own holdings are funds that track it; AGG tracks it.
Paysmonthly
Latest payout, annualized (ETFIQ)6.2%
Cash paid, last 12 months, over today’s price (ETFIQ)6.7%
First tradedOct 1, 2019
Return of capital, latest distribution (Overlay Shares 19a-1 estimate)88.0%
Paysmonthly
Typical gap between ex-dates30 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.1018 ex Oct 28, 2026
Cash paid in the 12 months to Nov 4, 2026, 11 distributions, ex Dec 23, 2025 to Oct 28, 2026$1.3221
How we measure
Every number is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. Method
12 seats on OVB, as of Nov 4, 2026: 1 Mixed, 5 Challenges, 5 Not enough data, 1 Does not apply.
Put OVB to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.
Questions people ask about OVB
- How much has OVB paid over the last year?
- Over the year to Nov 4, 2026, OVB paid 6.4% of its starting price in cash distributions, while the price fell 3.9%.
- Is OVB ahead of AGG?
- Over the year to Nov 4, 2026, with every distribution reinvested, OVB returned +2.5% against +0.2% for US investment grade bonds (AGG), so a holder was ahead of it by 2.3 points.
- How often does OVB pay, and how much?
- OVB pays monthly. The latest distribution annualizes to 6.2% at its price on Nov 4, 2026, which is not a promise; the next one can differ.
- Is the OVB distribution return of capital?
- Overlay Shares estimates 88% of the distribution paid Oct 29, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
- When does OVB next pay a distribution?
- OVB pays monthly. The last distribution went ex on Oct 28, 2026 at $0.1018 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Nov 27, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
- What does OVB cost?
- The prospectus expense ratio is 0.79% a year.
- How much of OVB’s distribution is return of capital?
- Overlay Shares’s Rule 19a-1 notice estimates 88.0% of the distribution paid Oct 29, 2026 was return of capital. Across its notices for distributions paid Dec 24, 2025 to Oct 29, 2026, the estimate is 94.3%. The annual report for the fiscal year to Aug 31, 2025 puts it at 48.5% of distributions. Estimates come before the fund year closes and often change.
Sources and dates
Prices, OVB and AGGTiingo end-of-day · Nov 4, 2026
Net assets, $47mSEC filing, whole fund · Aug 31, 2026
Return of capitalOverlay Shares 19a-1 distribution notice ↗
DistributionsTiingo end-of-day · 13 payments
All fund filingsFund filings on SEC EDGAR ↗
IssuerOverlay Shares website ↗
Links are sources, not endorsements.
Cite this pageCitation, APA and Markdown
ETFIQ, OVB, income ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/ovb
ETFIQ. (Nov 4, 2026). OVB, income ETFs. Retrieved from https://etfiq.com/funds/ovb
[OVB, income ETFs (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/ovb)
The payout bar for OVB, redrawn every trading night.
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
Price change plus every distribution reinvested on the day it went ex-dividend. This is what you actually ended up with, and the only fair basis for comparing with an index.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Total return minus benchmark total return, in percentage points. A fund can pay 12% a year and still be behind by 10 points if its price fell while the index rose.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
The fund owns the stocks and sells call options on them, collecting premium and giving up gains above the strike. Synthetic covered call funds hold options instead of the stocks. 0DTE funds sell options that expire the same day.
A fund that pays a coupon and can be called away early, on dates set when it launched. If it is called, you get your money back with the coupon and the run ends. If it is not, it runs on to the next date.
The level the underlying has to stay above for you to be repaid in full. A barrier is not a buffer. A buffer takes the first slice of a fall for you; a barrier takes none of it once it breaks, so below it you take the whole fall rather than only the part past it.
Embed this chart
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<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/income/ovb/" title="OVB: OVB over 1 year: paid 6.4%, price −3.9%, total +2.5%, AGG +0.2%, +2.3 pts. Data to Nov 4, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">OVB: OVB over 1 year: paid 6.4%, price −3.9%, total +2.5%, AGG +0.2%, +2.3 pts. Data to Nov 4, 2026. Data: <a href="https://etfiq.com/funds/ovb">ETFIQ</a></figcaption>
</figure>Get the ETFIQ Daily
The day's ETF flows, a comparison and one number. Every trading morning. About the Daily
OVB, Income ETFs, ETFIQ, data as of Nov 4, 2026. Every number is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Snapshot, Nov 4, 2026. More on the tabs above.