OVF ETF — Overlay Shares Foreign Equity ETF

Overlay Shares Foreign Equity ETF (OVF)

Updated October 16, 2026.

OVF is an ETF that tracks the MSCI ACWI ex US (80% IEFA / 20% IEMG). its distribution rate is 10.97%, its trailing-12-month yield is 11.47%, its expense ratio is 0.83%. Dividend Vision Distribution Safety Score™ is 73/100 (Generally safe). Total return is 79.2% over the past 7 years, 108.5 points behind SPY at 187.7%.

Overlay Shares Foreign Equity ETF is an actively-managed fund that combines exposure to non-U.S. equity markets—both developed and emerging—with a put-selling overlay strategy designed to generate additional income. The fund allocates eighty percent to developed foreign markets and twenty percent to emerging markets, while systematically selling short-term put options to enhance returns. It distributes income monthly at a high current rate, carries an expense ratio of 0.83%, and appeals to income-focused investors seeking international equity exposure combined with options-generated yield.

OVF performance versus SPY

Price and return data through 2026-10-16.

Total return is 79.2% over the past 7 years, 108.5 points behind SPY at 187.7%. Over the past year its total return — price change plus distributions reinvested — is 16.3%. Its deepest 1-year drawdown was 11.6%.

OVF key facts

Distribution Safety Score™

73 · Generally safe

Safety-Adjusted Yield

8.01%

Issuer

Overlay Shares

Asset type

ETF

Asset class

Equity

Inception date

09/30/2019

Expense ratio

0.83%

Distribution rate

10.97%

Distribution frequency

Monthly

Trailing yield

11.47%

Last close

$30.31 (as of 2026-10-16)

AUM

$65,106,721

Average volume

16309.0

Dividend

$0.277

Ex-dividend date

09/29/2026

Payment date

09/30/2026

Beta

0.98

How Dividend Vision calculates yield and returns

Distribution rate (10.97%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (11.47%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Overlay Shares or company page; Index: MSCI ACWI ex US (80% IEFA / 20% IEMG); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

OVF risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.6%.

Who may consider OVF — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on OVF

• All tickers starting with O

Tagged: Fund of Funds, International, Options.

Frequently asked questions

More securities from Overlay Shares.