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Overlay Shares Short Term Bond ETF (OVT)

ETF · Currency in USD
Issuer
Liquid Strategies
Inception Date
Jan 14, 2021
Region
North America (U.S.)
Category
n/a
Expense Ratio
0.80%
Index Tracked
No Index (Active)
Asset Class
Bond

OVTPrice Chart


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OVTPerformance

The chart shows the growth of $10,000 invested in Overlay Shares Short Term Bond ETF on Jan 19, 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,965 for a total return of roughly -0.35%. All prices are adjusted for splits and dividends.


OVT (Overlay Shares Short Term Bond ETF)
Benchmark (S&P 500)

OVTReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD-2.38%-7.73%
1M-2.24%-5.40%
6M-2.64%0.70%
1Y-0.43%14.18%
5Y-0.35%16.43%
10Y-0.35%16.43%

OVTMonthly Returns Heatmap


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OVTSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Overlay Shares Short Term Bond ETF Sharpe ratio is -0.15. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


OVT (Overlay Shares Short Term Bond ETF)
Benchmark (S&P 500)

OVTDividends

Overlay Shares Short Term Bond ETF granted a 4.52% dividend yield in the last twelve months, as of Jan 22, 2022. The annual payout for that period amounted to $1.08 per share.


PeriodTTM2021
Dividend$1.08$1.08

Dividend yield

4.52%4.41%

OVTDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


OVT (Overlay Shares Short Term Bond ETF)
Benchmark (S&P 500)

OVTWorst Drawdowns

The table below shows the maximum drawdowns of the Overlay Shares Short Term Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Overlay Shares Short Term Bond ETF is 3.39%, recorded on Jan 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-3.39%Sep 7, 202195Jan 20, 2022
-1.21%Feb 25, 20218Mar 8, 202122Apr 8, 202130
-0.67%Aug 17, 20213Aug 19, 20217Aug 30, 202110
-0.65%Jan 26, 20214Jan 29, 20216Feb 8, 202110
-0.64%Jun 16, 20213Jun 18, 202111Jul 6, 202114
-0.49%Jul 16, 20212Jul 19, 20211Jul 20, 20213
-0.49%May 7, 20215May 13, 20217May 24, 202112
-0.43%Aug 4, 20215Aug 10, 20214Aug 16, 20219
-0.23%Apr 22, 20211Apr 22, 20215Apr 29, 20216
-0.22%Apr 12, 20211Apr 12, 20213Apr 15, 20214

OVTVolatility Chart

Current Overlay Shares Short Term Bond ETF volatility is 5.63%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


OVT (Overlay Shares Short Term Bond ETF)
Benchmark (S&P 500)

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