OVQ
Overlay Shares Nasdaq 100 Income ETF
OVQ at a glance
OVQ (Overlay Shares Nasdaq 100 Income ETF) currently pays a 12.0% distribution yield, paid monthly. On a $10,000 investment that works out to about $1,200 a year, or roughly $100 a month before taxes. That yield ranks #153 of the 223 income ETFs we track.
It charges an expense ratio of 0.97%, which is middle of the pack among the ETFs we track (about $97 a year per $10,000 invested) and it manages $12.0M in assets.
Yield is only half the story. OVQ's total return since it launched on October 23, 2026 is -1.0%, and our data flags price decay, meaning the share price is below where it started. Part of the income has been offset by a shrinking share price, so look at the total return, not just the payout.
OVQ is a newer fund with less than a year of history, so its numbers can move around a lot. Treat the track record with care.
How much will OVQ pay you?
At today's yield, before taxes. Open the full OVQ dividend calculator →
Where OVQ ranks
#153 of 223 among income ETFsBetter than 32% of funds → see the listFee rank (lowest)
#105 of 175 cheapest firstBetter than 40% of funds → see the listSize rank
#256 of 276 by assetsBetter than 7% of funds → see the list
ETFs similar to OVQ
| ETF | Yield | $10K / yr | Expense | AUM | Annualized | Price decay | |
|---|---|---|---|---|---|---|---|
| OVQOverlay Shares Nasdaq 100 Income ETF | 12.0% | $1,200 | 0.97% | $12.0M | n/a | Yes | This fund |
| QVOLInfrastructure Capital Nasdaq Option Income ETF | 13.1% | $1,310 | 0.82% | $61.0M | n/a | Yes | Compare |
| QYLDGlobal X Nasdaq 100 Covered Call ETF | 11.7% | $1,170 | 0.60% | $8.4B | +8.7% | Yes | Compare |
| QQQHNEOS Nasdaq 100 Hedged Equity Income ETF | 9.1% | $910 | 0.68% | $379M | +2.8% | No | Compare |
| GPIQGoldman Sachs Nasdaq-100 Premium Income ETF | 10.1% | $1,010 | 0.29% | $6.5B | +24% | No | Compare |
| FTQIFirst Trust Nasdaq BuyWrite Income ETF | 12.0% | $1,200 | 0.75% | $1.0B | +7.1% | No | Compare |
| QQQINEOS Nasdaq 100 High Income ETF | 14.3% | $1,430 | 0.68% | $15.4B | +17% | No | Compare |
Compare OVQ with
Frequently asked questions
What is OVQ's dividend yield?
OVQ currently has a distribution yield of 12.0%, based on the TopETFs database. Yields change as payouts and the share price move.
How often does OVQ pay dividends?
OVQ pays monthly, which is about 12 payments a year.
How much does $10,000 in OVQ pay?
At a 12.0% yield, $10,000 in OVQ pays about $1,200 a year, or roughly $100 a month before taxes.
What is OVQ's expense ratio?
OVQ charges 0.97% a year, about $97 for every $10,000 invested.
Does OVQ have price decay?
Yes. OVQ's share price is below where it started, so part of its income has been offset by a falling share price. Its total return since inception is -1.0%.
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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