OVS vs SCHA
Overlay Shares Small Cap Equity ETF compared with Schwab U.S. Small-Cap ETF on yield, payout growth, payment schedule, cost and risk.
OVS
Overlay Shares Small Cap Equity ETF
TTM yield · Monthly
SCHA
Schwab U.S. Small-Cap ETF
TTM yield · Quarterly
Quick take
- OVS yields more today: 11.07% vs 1.24% (forward).
- OVS has grown its payout faster: 26.2%/yr vs 7.4%/yr over the last 5 years.
- OVS pays every month; SCHA pays every quarter.
- Over the last year OVS delivered the higher total return: +18.6% vs +17.9% (price change plus payouts).
- SCHA is cheaper to own: 0.03% vs 0.83% expense ratio.
- OVS has the steadier distribution: consistency 87/100 vs 63/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | OVS | SCHA |
|---|---|---|
| Share price | $38.72 | $32.53 |
| TTM yield | 9.22% | 1.13% |
| Forward yield | 11.07% | 1.24% |
| Annual payout per share | $4.2852 | $0.404 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 29, 2026 (est.) | Dec 23, 2026 (est.) |
| Expense ratio | 0.83% | 0.03% |
| 1-year payout growth | +159.7% | -6.8% |
| 5-year payout CAGR | +26.2% | +7.4% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 87/100 | 63/100 |
| 1-year total return | +18.6% | +17.9% |
| 1-year price return | +8.6% | +16.6% |
| Size (market cap / AUM) | 39.2M | 21.7B |
| Years paying | 6.8 | 16.8 |
| Sector / category | Small Blend | Small Blend |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| OVS | SCHA | |
|---|---|---|
| Shares | 258.3 | 307.4 |
| Income per year | $1,107 | $124 |
| Income per month (avg) | $92 | $10 |
At forward yields, before taxes. Model OVS · Model SCHA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| OVS Oct 29, 2026 | Nov 12, 2026 | $0.3571 | Est. |
| OVS Nov 28, 2026 | Dec 12, 2026 | $0.3571 | Est. |
| OVS Dec 28, 2026 | Jan 11, 2027 | $0.3571 | Est. |
| SCHA Dec 23, 2026 | Jan 6, 2027 | $0.101 | Est. |
| SCHA Mar 24, 2027 | Apr 7, 2027 | $0.101 | Est. |
| SCHA Jun 23, 2027 | Jul 7, 2027 | $0.101 | Est. |
Annual payouts per share
OVSSCHA
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, OVS or SCHA?
OVS currently has the higher trailing yield: OVS yields 9.22% and SCHA yields 1.13%. Yield changes daily with price, so check the live figures above.
How often do OVS and SCHA pay?
OVS pays every month and SCHA pays every quarter. OVS's next ex-date is Oct 29, 2026 and SCHA's is Dec 23, 2026.
Which has grown its dividend faster, OVS or SCHA?
OVS has grown its payout faster: 26.2%/yr vs 7.4%/yr over the last 5 years.
Is OVS or SCHA better for income?
It depends on what you are optimising for. OVS and SCHA differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.