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OVQ Overlay Shares Nasdaq 100 Income ETF

$24.33
−0.7% · 1 day, price
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Fund card

<iframe src="https://etfiq.com/embed/fund/ovq/" title="ETFIQ OVQ analysis" width="100%" height="420" loading="lazy" style="border:0;max-width:600px"></iframe>
<p>Data: <a href="https://etfiq.com/funds/ovq">ETFIQ OVQ analysis</a></p>

How to embed ETFIQ charts

In one line

Since launch in Oct 2026, OVQ paid no cash and lost 2.9% in total.

How does OVQ compare with older funds like it?What drove OVQ’s returns?What does OVQ hold?
Total return since launch
−2.9%to Nov 12, 2026
Expense ratio
0.97%a year
Put-selling overlayOverlay Shares ↗Expense ratio 0.97%First traded Oct 23, 2026Benchmark Not setSEC filings ↗Every Overlay Shares fund ETFIQ covers

Promise check: Not measured

Analyze OVQPut to the committeeAdd to portfolioAlerts
Growth of $10,000

OVQ, since Oct 2026

Total return, distributions reinvested, Oct 23, 2026 to Nov 12, 2026. No second line: no ETF prices its benchmark.

OVQ $9,715 −2.9%Returns from daily closes. Data
Scorecard · vs

OVQ risk and return scorecard

vs its benchmark

Not measured: ETFIQ sets no benchmark for it.

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

Total return

What you earned

OVQ −2.9%: total return since launch to Nov 12, 2026.
$10,000 in OVQ would be $9,710, since launch to Nov 12, 2026.
OVQ−2.9%
Paid 0.0% in cash. Price −2.9%.
askIQ: what drove OVQ’s returns? ↗
Fees over time · hypothetical
Fees paid
$929
Of the amount
9.3%

At OVQ’s 0.97% a year, taken each year from the amount after growth. Hypothetical.

First traded Oct 23, 2026

What can be shown yet

0.0%
Cash paid, since launch, on its starting price
Report
−2.9%
Total return, since launch
Report
not set
Benchmark
Report
not published
Latest payout, annualized on today’s price
OVQ has traded for 20 days. Numbers that need a year of prices are not shown yet.
Shown now
Expense ratio0.97%
First tradedOct 23, 2026
Not yet
One-year returnfrom Oct 23, 2027
Three-year returnfrom Oct 23, 2029
askIQ: what can OVQ’s first months tell me? ↗

12 committee seats read OVQ on data as of Nov 12, 2026: 0 Supports, 0 Mixed, 3 Challenges, 9 without enough data.

0 Supports0 Mixed3 Challenges9 Not enough data
  • Bogle
  • Graham
  • Buffett & Munger
  • Lynch
  • Templeton
  • Dalio
  • Marks
  • Druckenmiller
  • Swensen
  • Wood
  • Livermore
  • Skeptic

Watch the committee read OVQ How the committee works

12 seats on OVQ, as of Nov 12, 2026: 3 Challenges, 9 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingNot enough data
Uses ETFIQ’s measuresETFIQ SkepticETFIQ’s own seatNot enough data
Put OVQ to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Risk Officer

Risk check

What to look at before you hold OVQ. Not advice.

As of Nov 13, 2026, OVQ crossed 0 of 5 ETFIQ risk lines.

OverlapNot publishedNot published
Trading costNot publishedNot published
Premium or discountNot publishedNot published
Return of capitalNot publishedClear
ClosureNo closure flagClear

Lines and sources: Method. Check several funds at once on My Portfolio.

More on OVQ

Every number below is on this page. Open what you need.

The week's ETF fund flows, by email on Sundays.

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Price since launch, Oct 23, 2026

$24.33−0.7%1 day, priceClose, Nov 12, 2026

Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 12, 2026. Updated every trading night. Report a data error

OVQ returns by window: total return, cash paid and price change
WindowTotal returnCash paidPrice
Since launch Oct 23 – Nov 12, 2026−2.9%0.0%−2.9%

Total returns, distributions reinvested. Listed Oct 2026: no 1 month, 3 months, 6 months, year to date, 1 year and 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

OVQ key stats

High since Oct 23, 2026, daily closes to Nov 12, 2026 (ETFIQ)$25.82 on Oct 28, 2026
Low since Oct 23, 2026, daily closes to Nov 12, 2026 (ETFIQ)$22.79 on Nov 5, 2026
Close on Nov 12, 2026, within that range (ETFIQ)$24.33, 51% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

OVQ return of capital and tax

Rule 19a-1 notices (checked Nov 12, 2026)not published
Return of capital, annual reportnot yet filed
Not tax advice. What a 19a-1 estimate is · Income ETFs by return of capital

Trading

as of Nov 12, 2026
Trading · OVQas of Nov 12, 2026
·
Too new to score0 of 6 measured · Nov 12, 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 →

OVQ 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%
OVQ interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

OVQ 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

About OVQ

Strategyput-selling overlayReport
BenchmarkNot set
How the benchmark is set (ETFIQ)ETFIQ sets no benchmark for it. OVQ has no published holdings, and its prospectus names no one reference, so none could be read.
Paysnot established
Latest payout, annualized (ETFIQ)not published
Expense ratio (485BPOS XBRL, Oct 20, 2026)0.97%Report
Cash paid, since launch, Oct 23, 2026, over today’s price (ETFIQ)0.0%
First tradedOct 23, 2026
Promise checkNot measured. It paid no cash over a year, or since a launch at least six months back.
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

Questions people ask about OVQ

How much has OVQ paid since it launched?
Over the period from its first trade on Oct 23, 2026 to Nov 12, 2026, OVQ paid 0.0% of its starting price in cash distributions, while the price fell 2.9%.
What does OVQ cost?
The prospectus expense ratio is 0.97% a year.
How much of OVQ’s distribution is return of capital?
OVQ’s issuer published no Rule 19a-1 notice for distributions through Nov 12, 2026. A notice is required when a payment includes anything other than income.
Sources and dates
Prices, OVQTiingo end-of-day · Nov 12, 2026
Fee, 0.97%Prospectus filing with the expense ratio (SEC) ↗
All fund filingsFund filings on SEC EDGAR ↗
IssuerOverlay Shares website ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, OVQ, income ETFs, data as of Nov 12, 2026. https://etfiq.com/funds/ovq

The payout bar for OVQ, 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.

Total return
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.
Ahead or behind
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.
Covered call
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.
Autocallable
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.
Barrier
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.
Full definitions: income ETFs vocabulary page. →
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OVQ: OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.
<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/income/ovq/" title="OVQ: OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">OVQ: OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026. Data: <a href="https://etfiq.com/funds/ovq">ETFIQ</a></figcaption>
</figure>

How to embed ETFIQ charts

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Snapshot, Nov 12, 2026. More on the tabs above.