# OVQ (Overlay Shares Nasdaq 100 Income ETF)

Overlay Shares · Income ETFs · data as of Nov 12, 2026

Promise check: Not measured. It paid no cash over a year, or since a launch at least six months back. https://etfiq.com/promise-index/income/

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

## Key facts

- OVQ, cash paid, since launch, on its starting price: 0.0%, as of Nov 12, 2026.
- OVQ, total return, since launch: −2.9%, as of Nov 12, 2026.
- OVQ, benchmark: not set, as of Nov 12, 2026.
- OVQ, expense ratio: 0.97% (485BPOS XBRL, Oct 20, 2026).
- OVQ, strategy: put-selling overlay, as of Nov 12, 2026.

## OVQ over each window to Nov 12, 2026

| Window | Total return | Cash paid | Price |
| --- | --- | --- | --- |
| Since launch | −2.9% | 0.0% | −2.9% |

## OVQ key stats

- High since Oct 23, 2026, daily closes to Nov 12, 2026: $25.82 on Oct 28, 2026 (computed by ETFIQ from Tiingo daily prices)
- Low since Oct 23, 2026, daily closes to Nov 12, 2026: $22.79 on Nov 5, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Nov 12, 2026, within that range: $24.33, 51% of the way from the low to the high (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 report: not yet filed

Not tax advice.

## OVQ trading

- Too new to score.
- The full trading page: https://etfiq.com/funds/ovq/trading/

## OVQ for holders outside the US

- US tax withheld on dividends, no treaty: 30% (<https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf>)
- Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% (<https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables>)
- OVQ interest-related and short-term gain dividends: not read by ETFIQ
- US estate tax filing threshold, non-resident holders: $60,000 (<https://www.irs.gov/instructions/i706na>)
- Share class: Distributing (<https://etfiq.com/learn/non-us-holders>)

Facts from the IRS, not tax advice.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | put-selling overlay | ETFIQ |
| Benchmark | Not set | ETFIQ |
| How the benchmark is set | ETFIQ sets no benchmark for it. OVQ has no published holdings, and its prospectus names no one reference, so none could be read. | ETFIQ |
| Pays | not established | ETFIQ |
| Latest payout, annualized | not published | ETFIQ |
| Expense ratio | 0.97% | 485BPOS XBRL, Oct 20, 2026 |
| Cash paid, since launch, Oct 23, 2026, over today’s price | 0.0% | ETFIQ |
| First traded | Oct 23, 2026 | ETFIQ |
| Promise check | Not measured. It paid no cash over a year, or since a launch at least six months back. | ETFIQ |

## Questions

### 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.


## Cite this page

ETFIQ, OVQ, income ETFs, data as of Nov 12, 2026. https://etfiq.com/funds/ovq
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

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