Overlay Shares Core Bond ETF (OVB)
OVB is an actively managed ETF by Liquid Strategies. OVB launched on Sep 30, 2019 and has a 0.80% expense ratio.
ETF Info
Issuer | Liquid Strategies |
---|---|
Inception Date | Sep 30, 2019 |
Region | North America (U.S.) |
Category | Total Bond Market, Actively Managed |
Index Tracked | No Index (Active) |
Asset Class | Bond |
Expense Ratio
OVB has a high expense ratio of 0.80%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: OVB vs. SPY, OVB vs. ^GSPC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Overlay Shares Core Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Overlay Shares Core Bond ETF had a return of -0.86% year-to-date (YTD) and 1.17% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -0.86% | 7.50% |
1 month | -1.69% | -1.61% |
6 months | 6.29% | 17.65% |
1 year | 1.17% | 26.26% |
5 years (annualized) | N/A | 11.73% |
10 years (annualized) | N/A | 10.64% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.52% | -0.26% | 1.33% | -3.61% | ||||||||
2023 | -3.02% | 6.72% | 4.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OVB is 17, indicating that it is in the bottom 17% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Overlay Shares Core Bond ETF(OVB)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Overlay Shares Core Bond ETF (OVB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Overlay Shares Core Bond ETF granted a 5.42% dividend yield in the last twelve months. The annual payout for that period amounted to $1.09 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
Dividend | $1.09 | $1.07 | $0.95 | $1.17 | $1.03 | $0.15 |
Dividend yield | 5.42% | 5.20% | 4.67% | 4.59% | 3.87% | 0.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Overlay Shares Core Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.28 | ||||||||
2023 | $0.00 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.27 | $0.00 | $0.28 |
2022 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.24 | $0.00 | $0.25 |
2021 | $0.00 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.43 |
2020 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.26 | $0.00 | $0.25 |
2019 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Overlay Shares Core Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Overlay Shares Core Bond ETF was 21.69%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Overlay Shares Core Bond ETF drawdown is 13.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-21.69% | Sep 15, 2021 | 278 | Oct 20, 2022 | — | — | — |
-9.52% | Mar 10, 2020 | 7 | Mar 18, 2020 | 29 | Apr 29, 2020 | 36 |
-3.74% | Aug 27, 2020 | 140 | Mar 18, 2021 | 74 | Jul 2, 2021 | 214 |
-2.14% | Feb 21, 2020 | 5 | Feb 27, 2020 | 4 | Mar 4, 2020 | 9 |
-1.82% | May 29, 2020 | 10 | Jun 11, 2020 | 8 | Jun 23, 2020 | 18 |
Volatility
Volatility Chart
The current Overlay Shares Core Bond ETF volatility is 2.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.