Is OWLSX or RYLD a better dividend investment in 2026?

OWLSX currently yields 12.99% with a 5% 5-year dividend growth rate. RYLD yields 12.14% with 5% growth. The better choice depends on your goal: OWLSX offers higher current income.

What is the dividend yield difference between OWLSX and RYLD?

OWLSX has a forward dividend yield of 12.99% ($2.59/share annually). RYLD yields 12.14% ($1.81/share annually). The yield gap is 0.85 percentage points.

Home › Compare › OWLSX vs RYLD

OWLSX vs RYLD: Dividend Comparison 2026

OWLSX yields 12.99% · RYLD yields 12.14%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 OWLSX wins by $2.5K in total portfolio value

INVESTMENT

TIME HORIZON10 years

OWLSX

● Live price

12.99%

Share price

$19.91

Annual div

$2.59

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$47.0K

Annual income

$2,915.03

Full OWLSX calculator →

RYLD

● Live price

12.14%

Share price

$14.95

Annual div

$1.81

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$44.5K

Annual income

$2,587.35

Full RYLD calculator →

Portfolio growth — OWLSX vs RYLD

📍 OWLSX pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	OWLSX	RYLD
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, OWLSX + RYLD cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

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Apr

—

May

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Jun

—

Jul

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Aug

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Sep

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Oct

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Nov

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Dec

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OWLSX pays

RYLD pays

Both pay

Neither

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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

OWLSX

Annual income on $10K today (after 15% tax)

$1,104.42/yr

After 10yr DRIP, annual income (after tax)

$2,477.78/yr

RYLD

Annual income on $10K today (after 15% tax)

$1,031.60/yr

After 10yr DRIP, annual income (after tax)

$2,199.25/yr

At 15% tax rate, OWLSX beats the other by $278.53/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

What's the optimal mix of OWLSX + RYLD for your $10,000?

OWLSX: 50%RYLD: 50%

100% RYLD50/50100% OWLSX

Portfolio after 10yr

$45.8K

Annual income

$2,751.19/yr

Blended yield

6.01%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

OWLSX buys

RYLD buys

No recent congressional trades found for OWLSX or RYLD in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricOWLSXRYLD

Forward yield	12.99% ✓	12.14%
Annual dividend / share	$2.59 ✓	$1.81
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$47.0K ✓	$44.5K
Annual income after 10y	$2,915.03 ✓	$2,587.35
Total dividends collected	$20.8K ✓	$18.8K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: OWLSX vs RYLD ($10,000, DRIP)

Year	OWLSX Portfolio	OWLSX Income/yr	RYLD Portfolio	RYLD Income/yr	Gap
1← crossover	$11,999	$1,299.31	$11,914	$1,213.65	+$85.00 → OWLSX
2	$14,296	$1,457.09	$14,099	$1,351.30	+$197.00 → OWLSX
3	$16,920	$1,622.45	$16,580	$1,494.55	+$340.00 → OWLSX
4	$19,898	$1,794.53	$19,384	$1,642.61	+$514.00 → OWLSX
5	$23,264	$1,972.41	$22,535	$1,794.70	+$729.00 → OWLSX
6	$27,047	$2,155.13	$26,063	$1,950.00	+$984.00 → OWLSX
7	$31,282	$2,341.72	$29,995	$2,107.69	+$1.3K → OWLSX
8	$36,003	$2,531.20	$34,361	$2,266.99	+$1.6K → OWLSX
9	$41,246	$2,722.61	$39,194	$2,427.12	+$2.1K → OWLSX
10	$47,048	$2,915.03	$44,525	$2,587.35	+$2.5K → OWLSX

OWLSX vs RYLD: Complete Analysis 2026

OWLSX — Stock

Under normal circumstances, the fund invests at least 80% of its net assets, including any borrowings for investment purposes, in securities of large capitalization companies. The Adviser currently defines large capitalization companies as companies having, at the time of initial investment, a market capitalization equal to or greater than the largest 70% by market capitalization of the companies that comprise the MSCI ACWI Investable Market Index (IMI).

Full OWLSX Calculator →

RYLD — ETF

The Global X Russell 2000 Covered Call ETF (RYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index.

Full RYLD Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.