OVQ
Overlay Shares Nasdaq 100 Income ETF
Based on OVQ's current 12.0% yield, before taxes. Payouts change over time.
What different amounts in OVQ pay
| Invested | Per year | Per month | Per payout | Yearly fee |
|---|---|---|---|---|
| $1,000 | $120 | $10.00 | $10.00 | $10 |
| $5,000 | $600 | $50.00 | $50.00 | $49 |
| $10,000 | $1,200 | $100 | $100 | $97 |
| $25,000 | $3,000 | $250 | $250 | $243 |
| $50,000 | $6,000 | $500 | $500 | $485 |
| $100,000 | $12,000 | $1,000 | $1,000 | $970 |
| $250,000 | $30,000 | $2,500 | $2,500 | $2,425 |
| $500,000 | $60,000 | $5,000 | $5,000 | $4,850 |
| $1,000,000 | $120,000 | $10,000 | $10,000 | $9,700 |
How much OVQ do you need?
| Monthly income goal | Amount needed in OVQ | Yearly income |
|---|---|---|
| $100 a month | $10,000 | $1,200 |
| $500 a month | $50,000 | $6,000 |
| $1,000 a month | $100,000 | $12,000 |
| $2,000 a month | $200,000 | $24,000 |
| $5,000 a month | $500,000 | $60,000 |
Try any goal in the income goal calculator → See OVQ with dividends reinvested →
These numbers multiply the amount invested by OVQ's current distribution yield of 12.0% and split the result across its monthly payouts. Remember that OVQ has price decay in our data, so a high payout has come with a lower share price over time. Compare the income with similar funds below before deciding anything.
Same $10,000 in similar ETFs
| 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 |
Frequently asked questions
How much does OVQ pay per share?
Payouts per share change over time. At the current 12.0% yield, every $1,000 invested in OVQ earns about $120 a year. Check the issuer's website for the latest per-share distribution.
How much do I need in OVQ to make $1,000 a month?
About $100,000 at the current 12.0% yield, before taxes.
How much does $100,000 in OVQ pay?
About $12,000 a year, or $1,000 a month, at today's yield.
Is OVQ's dividend guaranteed?
No. ETF distributions depend on what the fund earns and can rise, fall or stop. The numbers here are estimates based on the current yield.
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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