Liquid Strategies is a U.S.-based ETF provider specializing in liquid alternative investment approaches. Liquid Strategies ETFs apply systematic, options-based, and alternative risk premium strategies to deliver diversifying exposures that complement traditional equity and fixed income portfolios. The Liquid Strategies ETF list spans alternative and options-based strategies designed for portfolio diversification. This page lets you compare Liquid Strategies ETFs on expense ratio, historical returns, dividend yield, max drawdown, Sharpe ratio, Sortino ratio, and Risk/Return Score — useful for evaluating liquid alternative strategies for portfolio construction, risk management, diversification, or long-term investing research.

Liquid Strategies

NYSEArca

Overlay Shares Large Cap Equity ETF (OVL) is an actively managed ETF seeking higher current income and total return than the S&P 500 Total Return Index. The fund combines broad U.S. large-cap equity exposure with an options overlay strategy designed to generate income.

Cboe BZX Exchange

The Overlay Shares Hedged Large Cap Equity ETF (OVLH) seeks long-term capital appreciation while mitigating overall market risk by investing in U.S. large-cap equity securities and employing long-term, out-of-the-money put options to hedge against significant declines in U.S. large-cap equities.

Symbol	Name	Sharpe Ratio (1Y)	Sharpe Ratio (5Y)	Sharpe Ratio (10Y)	Risk / Return Rank
OVM	Overlay Shares Municipal Bond ETF	2.43	0.27	—	84
OVT	Overlay Shares Short Term Bond ETF	2.01	0.61	—	75
OVS	Overlay Shares Small Cap Equity ETF	1.99	0.28	—	71
OVL	Overlay Shares Large Cap Equity ETF	1.89	0.67	—	62
OVLH	Overlay Shares Hedged Large Cap Equity ETF	1.72	0.78	—	53

Top Liquid Strategies ETFs by Sharpe Ratio

Top Liquid Strategies ETFs by Sharpe Ratio