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This is a conversation that was had on the Simply Investing Dividend Podcast w/ Kanwal Sarai. Please subscribe to his channel and check out his content!
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So I kept hearing about this ETF called OVL — it's beaten the S&P 500 since 2019, and now it pays you over 10% a year in monthly checks. Sounded like a cheat code, so I popped the hood. In this one, I break down what's actually inside OVL (spoiler: it's basically VOO), how it uses options to ju…
VOO pays about 1% a year. This ETF — OVL, the Overlay Shares Large Cap Equity ETF — pays 10.5%, drops a check in your account every month, and has actually beaten the S&P 500 since 2019. So is OVL really a better buy than VOO… or is that 10.5% yield too good to be true?In this beginner-friendly…
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