# OVL (Overlay Shares Large Cap Equity ETF)

Overlay Shares · Income ETFs · data as of Sep 18, 2026

Over the year to Sep 18, 2026, OVL paid 8.9% in cash and finished 2.6 points ahead of SPY.

## Key facts

- OVL, cash paid, 1 year, on its starting price: 8.9%, as of Sep 18, 2026.
- OVL, total return, 1 year: +19.2%, as of Sep 18, 2026.
- OVL, against SPY: +2.6 pts, as of Sep 18, 2026.
- OVL, latest payout, annualized: 10.4%, as of Sep 18, 2026.
- OVL, net assets: $276m (SEC filing, whole fund, as filed for May 31, 2026).
- OVL, expense ratio: not read by ETFIQ, as of Sep 18, 2026.

## OVL over each window to Sep 18, 2026

| Window | Cash paid | Price | Total return | SPY | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 2.6% | −0.4% | +2.3% | +2.3% | 0.0 pts |
| 6 months | 5.7% | +12.7% | +18.8% | +18.0% | +0.7 pts |
| 1 year | 8.9% | +9.4% | +19.2% | +16.6% | +2.6 pts |
| 3 years | 21.1% | +59.9% | +86.2% | +78.4% | +7.8 pts |
| Since launch | 47.2% | +130.0% | +203.4% | +187.2% | +16.1 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | put-selling overlay | ETFIQ |
| Benchmark | S&P 500 (SPY) | ETFIQ |
| Pays | monthly | ETFIQ |
| Net assets | $276m | SEC filing, whole fund, as filed for May 31, 2026 |
| Latest payout, annualized | 10.4% | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Cash paid, last 12 months, over today’s price | 8.2% | ETFIQ |
| Launched | Oct 1, 2019 | ETFIQ |

## Questions

### How much has OVL paid over the last year?

Over the year to Sep 18, 2026, OVL paid 8.9% of its starting price in cash distributions, while the price rose 9.4%.

### Is OVL ahead of SPY?

Over the year to Sep 18, 2026, with every distribution reinvested, OVL returned +19.2% against +16.6% for S&P 500 (SPY), so a holder was ahead of it by 2.6 points.

### How often does OVL pay, and how much?

OVL pays monthly. The latest distribution annualizes to 10.4% at its price on Sep 18, 2026, which is not a promise; the next one can differ.


## Cite this page

ETFIQ, OVL, data as of Sep 18, 2026. https://etfiq.com/funds/ovl
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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