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
| ISIN | US53656F5733 |
|---|---|
| CUSIP | 53656F573 |
| Issuer | Liquid Strategies |
| Inception Date | Jan 14, 2021 |
| Region | North America (U.S.) |
| Category | Corporate Bonds, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
The Overlay Shares Short Term Bond ETF has a high expense ratio of 0.80%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: OVT vs. BSV
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 0.94% year-to-date (YTD) and 5.54% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.94% | 6.33% |
| 1 month | -1.55% | -2.81% |
| 6 months | 8.01% | 21.13% |
| 1 year | 5.54% | 24.56% |
| 5 years (annualized) | N/A | 11.55% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.87% | 0.70% | 1.04% | |||||||||
| 2023 | -1.64% | -1.69% | 4.63% | 2.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Overlay Shares Short Term Bond ETF(OVT)
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 granted a 5.60% dividend yield in the last twelve months. The annual payout for that period amounted to $1.21 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $1.21 | $1.11 | $0.87 | $1.08 |
Dividend yield | 5.60% | 5.11% | 4.12% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 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 |
| 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 |
| 2021 | $0.21 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.00 | $0.43 |
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 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. The portfolio has not yet recovered.
The current Overlay Shares Short Term Bond ETF drawdown is 2.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.59% | Sep 7, 2021 | 280 | Oct 14, 2022 | — | — | — |
| -1.21% | Feb 25, 2021 | 8 | Mar 8, 2021 | 22 | Apr 8, 2021 | 30 |
| -0.67% | Aug 17, 2021 | 3 | Aug 19, 2021 | 7 | Aug 30, 2021 | 10 |
| -0.65% | Jan 26, 2021 | 4 | Jan 29, 2021 | 6 | Feb 8, 2021 | 10 |
| -0.64% | Jun 16, 2021 | 3 | Jun 18, 2021 | 11 | Jul 6, 2021 | 14 |
Volatility
Volatility Chart
The current Overlay Shares Short Term Bond ETF volatility is 1.60%, 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.