# OVS (Overlay Shares Small Cap Equity ETF)

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

Over the year to Sep 18, 2026, OVS paid 9.8% in cash and finished 1.7 points ahead of IWM.

## Key facts

- OVS, cash paid, 1 year, on its starting price: 9.8%, as of Sep 18, 2026.
- OVS, total return, 1 year: +18.9%, as of Sep 18, 2026.
- OVS, against IWM: +1.7 pts, as of Sep 18, 2026.
- OVS, latest payout, annualized: 11.0%, as of Sep 18, 2026.
- OVS, net assets: $28m (SEC filing, whole fund, as filed for May 31, 2026).
- OVS, expense ratio: not read by ETFIQ, as of Sep 18, 2026.

## OVS over each window to Sep 18, 2026

| Window | Cash paid | Price | Total return | IWM | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 2.6% | −5.2% | −2.7% | −3.6% | +0.9 pts |
| 6 months | 5.9% | +10.9% | +16.8% | +17.9% | −1.1 pts |
| 1 year | 9.8% | +8.5% | +18.9% | +17.2% | +1.7 pts |
| 3 years | 20.3% | +32.8% | +57.0% | +62.5% | −5.5 pts |
| Since launch | 39.6% | +60.4% | +113.2% | +108.7% | +4.5 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | put-selling overlay | ETFIQ |
| Benchmark | Russell 2000 (IWM) | ETFIQ |
| Pays | monthly | ETFIQ |
| Net assets | $28m | SEC filing, whole fund, as filed for May 31, 2026 |
| Latest payout, annualized | 11.0% | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Cash paid, last 12 months, over today’s price | 9.0% | ETFIQ |
| Launched | Oct 1, 2019 | ETFIQ |

## Questions

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

Over the year to Sep 18, 2026, OVS paid 9.8% of its starting price in cash distributions, while the price rose 8.5%.

### Is OVS ahead of IWM?

Over the year to Sep 18, 2026, with every distribution reinvested, OVS returned +18.9% against +17.2% for Russell 2000 (IWM), so a holder was ahead of it by 1.7 points.

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

OVS pays monthly. The latest distribution annualizes to 11.0% at its price on Sep 18, 2026, which is not a promise; the next one can differ.


## Cite this page

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

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