OVL
Overlay Shares Large Cap Equity ETF
OVL at a glance
OVL (Overlay Shares Large Cap Equity ETF) currently pays a 10.5% distribution yield, paid monthly. On a $10,000 investment that works out to about $1,050 a year, or roughly $87.50 a month before taxes. That yield ranks #158 of the 218 income ETFs we track.
It charges an expense ratio of 0.79%, which is middle of the pack among the ETFs we track (about $79 a year per $10,000 invested) and it manages $470M in assets.
Yield is only half the story. OVL's total return since it launched on September 30, 2019 is +204% (about +17% per year), and the share price is not below where it started, so there is no price decay flag.
How much will OVL pay you?
At today's yield, before taxes. Open the full OVL dividend calculator →
Where OVL ranks
#158 of 218 among income ETFsBetter than 28% of funds → see the listFee rank (lowest)
#75 of 170 cheapest firstBetter than 56% of funds → see the listSize rank
#119 of 271 by assetsBetter than 56% of funds → see the listAnnualized return rank
#42 of 142 funds with 1+ yearBetter than 71% of funds → see the list
ETFs similar to OVL
| ETF | Yield | $10K / yr | Expense | AUM | Annualized | Price decay | |
|---|---|---|---|---|---|---|---|
| OVLOverlay Shares Large Cap Equity ETF | 10.5% | $1,050 | 0.79% | $470M | +17% | No | This fund |
| VOOYXFUNDS Large Cap Income ETF | 0.0% | $0 | 0.75% | $2.6M | n/a | No | Compare |
| OVSOverlay Shares Small Cap Equity ETF (OVS) | 10.5% | $1,050 | 0.83% | $39.0M | +11% | No | Compare |
| OVFOverlay Shares Foreign Equity ETF (OVF) | 10.4% | $1,040 | 0.83% | $62.0M | +9.1% | No | Compare |
| SPUCSimplify US Equity Income ETF | 12.0% | $1,200 | 0.53% | $239M | +16% | No | Compare |
| SEPIShelton Equity Premium Income ETF | 8.5% | $850 | 0.54% | $185M | +24% | No | Compare |
| BALIiShares US Large Cap Premium Income Active ETF | 7.0% | $700 | 0.35% | $1.3B | +21% | No | Compare |
Compare OVL with
Frequently asked questions
What is OVL's dividend yield?
OVL currently has a distribution yield of 10.5%, based on the TopETFs database. Yields change as payouts and the share price move.
How often does OVL pay dividends?
OVL pays monthly, which is about 12 payments a year.
How much does $10,000 in OVL pay?
At a 10.5% yield, $10,000 in OVL pays about $1,050 a year, or roughly $87.50 a month before taxes.
What is OVL's expense ratio?
OVL charges 0.79% a year, about $79 for every $10,000 invested.
Does OVL have price decay?
No. OVL's share price is not below where it started. Its total return since inception is +204%.
Disclaimer: For educational purposes only, not financial advice or a recommendation to buy or sell. ETF data comes from the TopETFs database, refreshes daily and may be delayed, incomplete or outdated. Yields are trailing distribution yields and payouts can change or stop. Total return is since the fund's inception. Price chart and quote provided by TradingView and may be delayed. Always check the fund issuer's website and prospectus before investing. Full disclaimer.
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