diff --git a/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp b/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp
index 4e7f9ddbfe..1cd400c9ba 100644
--- a/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp
+++ b/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp
@@ -662,7 +662,7 @@ GraphicsSettingsWidget::GraphicsSettingsWidget(SettingsDialog* dialog, QWidget*
 		dialog->registerWidgetHelp(m_ui.osdShowGSStats, tr("Show Statistics"), tr("Unchecked"),
 			tr("Shows counters for internal graphical utilization, useful for debugging."));
 
-		dialog->registerWidgetHelp(m_ui.osdShowIndicators, tr("Show Indicators"), tr("Unchecked"),
+		dialog->registerWidgetHelp(m_ui.osdShowIndicators, tr("Show Indicators"), tr("Checked"),
 			tr("Shows OSD icon indicators for emulation states such as Pausing, Turbo, Fast-Forward, and Slow-Motion."));
 
 		dialog->registerWidgetHelp(m_ui.osdShowSettings, tr("Show Settings"), tr("Unchecked"),