OVQ vs QDTY
Overlay Shares Nasdaq 100 Income ETF vs YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF
Which is better, OVQ or QDTY?
OVQ costs less.
OVQ has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OVQ | QDTY |
|---|---|---|
| Expense Ratio | 0.97%Best | 1.17% |
| AUM | $33M | $36M |
| Dividend Yield | 0.00% | 39.44% |
| Holdings | 2 | 5 |
| YTD Return | -3.77% | +5.54%Best |
| 1Y Return | - | +7.91% |
| Fund Family | Overlay Shares | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 23, 2026 | Feb 12, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
OVQ vs QDTY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
OVQ vs QDTY Performance
Overlay Shares Nasdaq 100 Income ETF (OVQ) is an ETF from Overlay Shares and YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY) is an ETF from YieldMax ETF. Year to date, OVQ is down 3.77% versus a gain of 5.54% for QDTY.
Past performance does not guarantee future results.
Fees and Cost Over Time
OVQ charges 0.97% per year while QDTY charges 1.17%. On a $10,000 position that is $97 vs $117 annually, a gap of $20 per year that compounds over a long holding period. On income, OVQ currently yields 0.00% against 39.44% for QDTY.
Holdings Overlap
We hold position weights for 2 holdings in OVQ and 2 in QDTY, totalling 100.6% and 2.9% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in OVQ and 2 in QDTY, against full books of 2 and 5.
Top Shared Holdings
| Stock | Weight in OVQ | Weight in QDTY | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 0.11% | 2.86% | 2.75% |
You are not choosing between two funds in isolation.
Whichever of OVQ and QDTY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OVQ or QDTY?
OVQ has an expense ratio of 0.97% while QDTY charges 1.17%. OVQ is the cheaper option, by $20 a year on a $10,000 investment.
Which pays a higher dividend, OVQ or QDTY?
OVQ yields 0.00% while QDTY yields 39.44%, so QDTY currently pays the higher dividend yield.
Is QDTY better than OVQ?
OVQ has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.