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 |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
OVT features an expense ratio of 0.80%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: OVT vs. BSV, OVT vs. GHYG, OVT vs. HYMU, OVT vs. OVB, OVT vs. PTBD, OVT vs. SPHY
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 7.52% year-to-date (YTD) and 11.69% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.52% | 24.72% |
| 1 month | -0.80% | 2.30% |
| 6 months | 4.70% | 12.31% |
| 1 year | 11.69% | 32.12% |
| 5 years (annualized) | N/A | 13.81% |
| 10 years (annualized) | N/A | 11.31% |
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% | 7.52% | ||
| 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 77, placing it in the top 23% 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 6.10% 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 | 6.10% | 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 | $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 1.06%.
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 | — | — | — |
| -1.21% | Feb 25, 2021 | 8 | Mar 8, 2021 | 22 | Apr 8, 2021 | 30 |
| -0.73% | Jul 17, 2024 | 7 | Jul 25, 2024 | 4 | Jul 31, 2024 | 11 |
| -0.69% | Aug 5, 2024 | 3 | Aug 7, 2024 | 4 | Aug 13, 2024 | 7 |
Volatility
Volatility Chart
The current Overlay Shares Short Term Bond ETF volatility is 1.11%, 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.