Overlay Shares Large Cap Equity ETF (OVL)
OVL is an actively managed ETF by Liquid Strategies. OVL launched on Sep 30, 2019 and has a 0.79% expense ratio.
ETF Info
Issuer | Liquid Strategies |
---|---|
Inception Date | Sep 30, 2019 |
Region | North America (U.S.) |
Category | Large Cap Growth Equities, Actively Managed |
Index Tracked | No Index (Active) |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
OVL has a high expense ratio of 0.79%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: OVL vs. JEPI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Overlay Shares Large Cap Equity 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 Large Cap Equity ETF had a return of 8.83% year-to-date (YTD) and 30.12% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 8.83% | 7.50% |
1 month | -2.88% | -1.61% |
6 months | 20.94% | 17.65% |
1 year | 30.12% | 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 | 2.40% | 6.34% | 3.93% | -5.43% | ||||||||
2023 | -3.40% | 11.25% | 5.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of OVL is 81, placing it in the top 19% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Overlay Shares Large Cap Equity ETF(OVL)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Overlay Shares Large Cap Equity ETF (OVL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Overlay Shares Large Cap Equity ETF granted a 3.11% dividend yield in the last twelve months. The annual payout for that period amounted to $1.26 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
Dividend | $1.26 | $1.26 | $1.17 | $1.47 | $0.78 | $0.14 |
Dividend yield | 3.11% | 3.33% | 3.85% | 3.63% | 2.43% | 0.50% |
Monthly Dividends
The table displays the monthly dividend distributions for Overlay Shares Large Cap Equity 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 | $0.30 | ||||||||
2023 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.30 | $0.00 | $0.34 |
2022 | $0.00 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.27 | $0.00 | $0.30 |
2021 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.31 | $0.00 | $0.57 |
2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.38 |
2019 | $0.14 |
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 Large Cap Equity 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 Large Cap Equity ETF was 35.49%, occurring on Mar 20, 2020. Recovery took 96 trading sessions.
The current Overlay Shares Large Cap Equity ETF drawdown is 3.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-35.49% | Feb 20, 2020 | 22 | Mar 20, 2020 | 96 | Aug 6, 2020 | 118 |
-29.23% | Jan 4, 2022 | 187 | Sep 30, 2022 | 326 | Jan 19, 2024 | 513 |
-10.29% | Sep 3, 2020 | 14 | Sep 23, 2020 | 37 | Nov 13, 2020 | 51 |
-7.38% | Apr 1, 2024 | 15 | Apr 19, 2024 | — | — | — |
-6.29% | Sep 7, 2021 | 20 | Oct 4, 2021 | 13 | Oct 21, 2021 | 33 |
Volatility
Volatility Chart
The current Overlay Shares Large Cap Equity ETF volatility is 4.94%, 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.