Overlay Shares Short Term Bond ETF (OVT)
OVT is an actively managed ETF by Liquid Strategies. OVT launched on Jan 14, 2021 and has a 0.80% expense ratio.
ETF Info
US53656F5733
53656F573
Jan 14, 2021
North America (U.S.)
1x
No Index (Active)
Expense Ratio
OVT 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 Short Term 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 Short Term Bond ETF had a return of 8.53% year-to-date (YTD) and 9.26% in the last 12 months.
OVT
8.53%
1.26%
4.62%
9.26%
N/A
N/A
^GSPC (Benchmark)
27.34%
3.47%
10.98%
28.71%
13.78%
11.40%
Monthly Returns
The table below presents the monthly returns of OVT, 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 | 0.86% | 0.70% | 1.04% | -1.73% | 1.78% | 1.23% | 1.67% | 1.61% | 1.06% | -1.40% | 1.50% | 8.53% | |
| 2023 | 2.32% | -1.63% | 1.59% | 1.01% | -0.42% | 0.41% | 0.75% | -0.14% | -1.64% | -1.69% | 4.62% | 2.48% | 7.73% |
| 2022 | -2.43% | -0.32% | -1.77% | -2.90% | 0.79% | -2.14% | 2.27% | -2.40% | -4.16% | 0.87% | 2.63% | -0.31% | -9.68% |
| 2021 | -0.50% | 0.10% | 0.40% | 0.97% | 0.54% | 0.46% | 0.51% | 0.40% | -1.00% | 0.00% | 0.09% | 0.10% | 2.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of OVT is 76, placing it in the top 24% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Overlay Shares Short Term Bond ETF (OVT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Overlay Shares Short Term Bond ETF provided a 6.04% dividend yield over the last twelve months, with an annual payout of $1.36 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $1.36 | $1.11 | $0.87 | $1.08 |
Dividend yield | 6.04% | 5.11% | 4.11% | 4.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Overlay Shares Short Term 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 | $0.35 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $1.06 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.29 | $0.00 | $0.30 | $1.11 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.00 | $0.24 | $0.87 |
| 2021 | $0.21 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.00 | $0.43 | $1.08 |
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 Short Term 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 Short Term Bond ETF was 13.59%, occurring on Oct 14, 2022. Recovery took 416 trading sessions.
The current Overlay Shares Short Term Bond ETF drawdown is 0.51%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.59% | Sep 7, 2021 | 280 | Oct 14, 2022 | 416 | Jun 13, 2024 | 696 |
| -1.72% | Sep 25, 2024 | 29 | Nov 4, 2024 | 21 | Dec 4, 2024 | 50 |
| -1.21% | Feb 25, 2021 | 8 | Mar 8, 2021 | 22 | Apr 8, 2021 | 30 |
| -0.82% | Dec 9, 2024 | 5 | Dec 13, 2024 | — | — | — |
| -0.73% | Jul 17, 2024 | 7 | Jul 25, 2024 | 4 | Jul 31, 2024 | 11 |
Volatility
Volatility Chart
The current Overlay Shares Short Term Bond ETF volatility is 1.07%, 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.