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
| CUSIP | 53656F581 |
|---|---|
| Issuer | Liquid Strategies |
| Inception Date | Jan 14, 2021 |
| Region | North America (U.S.) |
| Category | Actively Managed, Large Cap Blend Equities, Hedge Fund |
| Index Tracked | No Index (Active) |
| Home Page | www.overlayshares.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Expense Ratio
The Overlay Shares Hedged Large Cap Equity ETF has a high expense ratio of 0.78%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 5.34% year-to-date (YTD) and 17.25% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.34% | 5.90% |
| 1 month | -0.47% | -1.28% |
| 6 months | 12.28% | 15.51% |
| 1 year | 17.25% | 21.68% |
| 5 years (annualized) | N/A | 11.74% |
| 10 years (annualized) | N/A | 10.50% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.16% | 4.29% | 2.47% | |||||||||
| 2023 | -4.32% | -3.02% | 8.06% | 3.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Overlay Shares Hedged Large Cap Equity ETF(OVLH)
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 granted a 0.79% dividend yield in the last twelve months. The annual payout for that period amounted to $0.24 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.24 | $0.24 | $0.20 | $0.12 |
Dividend yield | 0.79% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 |
| 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 |
| 2021 | $0.12 |
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 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 2.62%.
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% | 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 |
| -3.82% | May 10, 2021 | 3 | May 12, 2021 | 21 | Jun 11, 2021 | 24 |
| -2.72% | Jul 13, 2021 | 5 | Jul 19, 2021 | 4 | Jul 23, 2021 | 9 |
Volatility
Volatility Chart
The current Overlay Shares Hedged Large Cap Equity ETF volatility is 2.48%, 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.