Overlay Shares Hedged Large Cap Equity ETF (OVLH)
OVLH is an actively managed ETF by Liquid Strategies. OVLH launched on Jan 14, 2021 and has a 0.78% expense ratio.
ETF Info
53656F581
Jan 14, 2021
North America (U.S.)
1x
No Index (Active)
Large-Cap
Expense Ratio
OVLH features an expense ratio of 0.78%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Overlay Shares Hedged 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 Hedged Large Cap Equity ETF had a return of -0.41% year-to-date (YTD) and 17.52% in the last 12 months.
OVLH
-0.41%
-2.84%
2.55%
17.52%
N/A
N/A
^GSPC (Benchmark)
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
Monthly Returns
The table below presents the monthly returns of OVLH, 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 | 1.16% | 4.29% | 2.47% | -3.03% | 2.91% | 2.98% | 1.50% | 1.66% | 1.93% | -0.34% | 3.67% | -2.22% | 18.07% |
| 2023 | 3.87% | -2.51% | 2.53% | 1.80% | -0.03% | 5.69% | 2.37% | -1.72% | -4.32% | -3.02% | 8.06% | 3.80% | 16.93% |
| 2022 | -5.30% | -2.69% | 2.76% | -8.19% | 0.75% | -4.74% | 5.24% | -2.77% | -5.34% | 4.92% | 3.57% | -4.53% | -16.16% |
| 2021 | -0.50% | 2.05% | 2.12% | 4.88% | 0.08% | 2.06% | 2.11% | 2.82% | -4.25% | 5.40% | -0.15% | 2.89% | 20.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 86, OVLH is among the top 14% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Overlay Shares Hedged Large Cap Equity ETF (OVLH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Overlay Shares Hedged Large Cap Equity ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.24 | $0.20 | $0.12 |
Dividend yield | 0.00% | 0.00% | 0.83% | 0.79% | 0.40% |
Monthly Dividends
The table displays the monthly dividend distributions for Overlay Shares Hedged 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2021 | $0.12 | $0.12 |
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 Hedged 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 Hedged Large Cap Equity ETF was 20.69%, occurring on Oct 11, 2022. Recovery took 329 trading sessions.
The current Overlay Shares Hedged Large Cap Equity ETF drawdown is 3.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.69% | Dec 28, 2021 | 199 | Oct 11, 2022 | 329 | Feb 2, 2024 | 528 |
| -5.22% | Jul 17, 2024 | 16 | Aug 7, 2024 | 26 | Sep 13, 2024 | 42 |
| -5.22% | Sep 7, 2021 | 20 | Oct 4, 2021 | 18 | Oct 28, 2021 | 38 |
| -3.9% | Feb 17, 2021 | 12 | Mar 4, 2021 | 7 | Mar 15, 2021 | 19 |
| -3.83% | Mar 28, 2024 | 16 | Apr 19, 2024 | 18 | May 15, 2024 | 34 |
Volatility
Volatility Chart
The current Overlay Shares Hedged Large Cap Equity ETF volatility is 2.84%, 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.