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
Sep 30, 2019
North America (U.S.)
1x
No Index (Active)
Expense Ratio
OVB features an expense ratio of 0.80%, falling within the medium range.
Share Price Chart
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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 5.71% year-to-date (YTD) and 6.10% in the last 12 months.
OVB
5.71%
1.20%
3.33%
6.10%
0.74%
N/A
^GSPC (Benchmark)
26.85%
3.07%
10.27%
27.63%
13.60%
11.35%
Monthly Returns
The table below presents the monthly returns of OVB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.52% | -0.26% | 1.34% | -3.61% | 2.62% | 1.45% | 2.33% | 1.90% | 1.38% | -2.87% | 1.91% | 5.71% | |
| 2023 | 3.74% | -2.87% | 3.01% | 0.89% | -1.22% | 0.02% | 0.24% | -0.62% | -3.67% | -3.02% | 6.72% | 4.01% | 6.89% |
| 2022 | -3.45% | -1.14% | -2.43% | -5.00% | 0.33% | -2.26% | 3.15% | -3.82% | -6.22% | -0.12% | 4.18% | -1.13% | -16.96% |
| 2021 | -1.34% | -0.68% | -1.11% | 1.31% | 0.43% | 1.54% | 1.18% | 0.50% | -1.79% | 0.53% | 0.45% | -0.24% | 0.73% |
| 2020 | 1.22% | -0.90% | 0.59% | 2.18% | 1.82% | 1.17% | 1.74% | -0.20% | -0.63% | -0.81% | 1.75% | 1.14% | 9.40% |
| 2019 | 0.57% | 0.68% | -0.03% | 1.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OVB is 32, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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 provided a 5.51% dividend yield over the last twelve months, with an annual payout of $1.15 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $1.15 | $1.07 | $0.95 | $1.17 | $1.03 | $0.15 |
Dividend yield | 5.51% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.87 |
| 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 | $1.07 |
| 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 | $0.95 |
| 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 | $1.17 |
| 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 | $1.03 |
| 2019 | $0.15 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 7.25%.
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 1.69%, 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.