BRIB vs. OVB

Last updated Jul 8, 2026

BRIB (FIS Bright Portfolios Core Bond ETF) and OVB (Overlay Shares Core Bond ETF) are both Intermediate Core Bond funds. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. BRIB charges 0.49%/yr vs 0.79%/yr for OVB.

Performance

BRIB vs. OVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FIS Bright Portfolios Core Bond ETF (BRIB) and Overlay Shares Core Bond ETF (OVB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BRIB

• 1D: -0.36%
• 1M: 0.57%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OVB

• 1D: -0.39%
• 1M: 0.50%
• 6M: 1.45%
• YTD: 2.20%
• 1Y: 7.40%
• 3Y*: 6.13%
• 5Y*: 0.33%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRIB vs. OVB - Yearly Performance Comparison

	2026 (YTD)
BRIB FIS Bright Portfolios Core Bond ETF	1.09%
OVB Overlay Shares Core Bond ETF	0.67%

Correlation

The correlation between BRIB and OVB is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.87

Return for Risk

BRIB vs. OVB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRIB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

OVB

OVB Risk / Return Rank: 53
OVB Sharpe Ratio Rank: 42
OVB Sortino Ratio Rank: 41
OVB Omega Ratio Rank: 44
OVB Calmar Ratio Rank: 71
OVB Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRIB vs. OVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FIS Bright Portfolios Core Bond ETF (BRIB) and Overlay Shares Core Bond ETF (OVB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BRIB	OVB	Difference
Sharpe ratio: Return per unit of total volatility	—	1.27	—
Sortino ratio: Return per unit of downside risk	—	1.85	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.98	—
Martin ratio: Return relative to average drawdown	—	9.44	—

Drawdowns

BRIB vs. OVB - Drawdown Comparison

The maximum BRIB drawdown since its inception was -1.45%, smaller than the maximum OVB drawdown of -21.69%. Use the drawdown chart below to compare losses from any high point for BRIB and OVB.

Drawdown Indicators

	BRIB	OVB	Difference
Max Drawdown Largest peak-to-trough decline	-1.45%	-21.69%	+20.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.49%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-8.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.69%	—
Current Drawdown Current decline from peak	-0.49%	-0.73%	+0.24%
Average Drawdown Average peak-to-trough decline	-0.39%	-6.96%	+6.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.79%	—

Volatility

Volatility by Period

	BRIB	OVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.27%	5.85%	-1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.27%	7.34%	-3.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.27%	7.57%	-3.30%

BRIB vs. OVB - Expense Ratio Comparison

BRIB has a 0.49% expense ratio, which is lower than OVB's 0.79% expense ratio.

Dividends

BRIB vs. OVB - Dividend Comparison

BRIB's dividend yield for the trailing twelve months is around 1.02%, less than OVB's 6.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BRIB FIS Bright Portfolios Core Bond ETF	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OVB Overlay Shares Core Bond ETF	6.02%	6.00%	5.81%	5.20%	4.67%	4.59%	3.88%	0.58%

Frequently Asked Questions

Can I hold both BRIB and OVB in my portfolio?

BRIB and OVB have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BRIB or OVB?

On fees, BRIB is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRIB or OVB?

BRIB is cheaper with a 0.49% expense ratio, compared with 0.79% for OVB.

Which ETF pays a higher dividend yield, BRIB or OVB?

OVB has the higher dividend yield at 6.02%, compared with 1.02% for BRIB.

What is the main difference between BRIB and OVB?

They also come from different issuers: Faith Investor Services and Liquid Strategies. Their fees differ too: 0.49% for BRIB and 0.79% for OVB.