Overlay Shares Short Term Bond ETF (OVT) belongs to the Corporate Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OVT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OVT
OVT charges 0.80% annually. There are 113 ETFs in the Corporate Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total Corporate Bond ETF | 0.03% | 1.80B | Nov 2017 | OVT vs VTC | |
| Vanguard Intermediate-Term Corporate Bond ETF | 0.03% | 69.50B | Nov 2009 | OVT vs VCIT | |
| Vanguard Long-Term Corporate Bond ETF | 0.03% | 10.00B | Nov 2009 | OVT vs VCLT | |
| Schwab 1-5 Year Corporate Bond ETF | 0.03% | 848.73M | Oct 2019 | OVT vs SCHJ | |
| Schwab 5-10 Year Corporate Bond ETF | 0.03% | 11.45B | Oct 2019 | OVT vs SCHI |
Best Risk-Adjusted Alternatives to OVT
OVT has a PortfoliosLab risk / return rank of 73. There are 19 ETFs in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 Corporate Bond ETF | 99 | 3.59B | Sep 2016 | OVT vs BSCQ | |
| iShares iBonds Dec 2026 Term Corporate ETF | 99 | 3.40B | Sep 2016 | OVT vs IBDR | |
| State Street My2026 Corporate Bond ETF | 99 | 47.61M | Sep 2024 | OVT vs MYCF | |
| VanEck IG Floating Rate ETF | 99 | 3.00B | Apr 2011 | OVT vs FLTR | |
| iShares Floating Rate Bond ETF | 99 | 10.32B | Jun 2011 | OVT vs FLOT |
Top Performing OVT Alternatives (YTD)
OVT is at 2.80% YTD. There is 1 ETF in the Corporate Bonds category with a higher YTD return, going as high as 3.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Interest Rate Hedged High Yield Bond ETF | 3.94% | 596.69M | May 2014 | OVT vs HYGH | |
| VanEck IG Floating Rate ETF | 2.74% | 3.00B | Apr 2011 | OVT vs FLTR | |
| iShares Floating Rate Bond ETF | 2.53% | 10.32B | Jun 2011 | OVT vs FLOT | |
| ProShares Investment Grade-Interest Rate Hedged | 2.45% | 329.71M | Nov 2013 | OVT vs IGHG | |
| iShares Interest Rate Hedged Corporate Bond ETF | 2.37% | 537.08M | May 2014 | OVT vs LQDH |
Lowest Volatility Alternatives to OVT
OVT has 3.70% 1-year volatility. There are 49 ETFs in the Corporate Bonds category with lower 1-year volatility, going as low as 0.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2026 Corporate Bond ETF | 0.58% | 47.61M | Sep 2024 | OVT vs MYCF | |
| Invesco BulletShares 2026 Corporate Bond ETF | 0.59% | 3.59B | Sep 2016 | OVT vs BSCQ | |
| iShares iBonds Dec 2026 Term Corporate ETF | 0.59% | 3.40B | Sep 2016 | OVT vs IBDR | |
| iShares Floating Rate Bond ETF | 0.76% | 10.32B | Jun 2011 | OVT vs FLOT | |
| VanEck IG Floating Rate ETF | 0.79% | 3.00B | Apr 2011 | OVT vs FLTR |
Lowest Drawdown Alternatives to OVT
OVT has a 1-year max drawdown of -1.55%. There are 22 ETFs in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -0.08%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2026 Term Corporate ETF | -0.08% | 3.40B | Sep 2016 | OVT vs IBDR | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.10% | 3.59B | Sep 2016 | OVT vs BSCQ | |
| State Street My2026 Corporate Bond ETF | -0.12% | 47.61M | Sep 2024 | OVT vs MYCF | |
| VanEck IG Floating Rate ETF | -0.31% | 3.00B | Apr 2011 | OVT vs FLTR | |
| Invesco BulletShares 2027 Corporate Bond ETF | -0.42% | 4.58B | Sep 2017 | OVT vs BSCR |
Other ETFs from Liquid Strategies
The 6 most viewed Liquid Strategies ETFs shown here include OVL, OVF, OVLH and span 8 categories. AUM among these funds goes as high as $183M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Overlay Shares Large Cap Equity ETF | Derivative Income | 73 | 15.52% | 182.90M | Sep 2019 | OVT vs OVL | |
| Overlay Shares Foreign Equity ETF | Foreign Large Cap Equities, Derivative Income, Options Trading, Actively Managed | 63 | 16.55% | 29.60M | Sep 2019 | OVT vs OVF | |
| Overlay Shares Hedged Large Cap Equity ETF | Equity Hedged | 60 | 8.51% | 94.33M | Jan 2021 | OVT vs OVLH | |
| Overlay Shares Small Cap Equity ETF | Small Cap Blend Equities | 84 | 26.50% | 16.00M | Sep 2019 | OVT vs OVS | |
| Overlay Shares Municipal Bond ETF | Municipal Bonds | 74 | 3.15% | 30.60M | Sep 2019 | OVT vs OVM | |
| Overlay Shares Core Bond ETF | Intermediate Core Bond | 39 | 1.96% | 33.20M | Sep 2019 | OVT vs OVB |
Often Compared With OVT
Investors most often compare OVT with PTBD, BSV, GHYG. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare OVT with Any Fund or Stock
Compare OVT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OVT with funds that move differently
Overlay Shares Short Term Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OVT.
Explore OVT Diversifiers