PortfoliosLab logoPortfoliosLab logo
OVS vs. OVB
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

OVS vs. OVB - Performance Comparison

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

Loading graphics...

OVS vs. OVB - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
OVS
Overlay Shares Small Cap Equity ETF
4.70%6.15%11.07%17.20%-19.99%30.15%12.16%11.51%
OVB
Overlay Shares Core Bond ETF
1.53%7.72%4.03%6.89%-16.96%0.71%9.40%1.22%

Returns By Period

In the year-to-date period, OVS achieves a 4.70% return, which is significantly higher than OVB's 1.53% return.


OVS

1D
3.03%
1M
-3.86%
YTD
4.70%
6M
6.98%
1Y
23.91%
3Y*
12.01%
5Y*
4.50%
10Y*

OVB

1D
0.72%
1M
-1.39%
YTD
1.53%
6M
3.08%
1Y
7.93%
3Y*
5.42%
5Y*
0.90%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


OVS vs. OVB - Expense Ratio Comparison

OVS has a 0.83% expense ratio, which is higher than OVB's 0.79% expense ratio.


Return for Risk

OVS vs. OVB — Risk / Return Rank

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

OVS
OVS Risk / Return Rank: 5656
Overall Rank
OVS Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
OVS Sortino Ratio Rank: 5656
Sortino Ratio Rank
OVS Omega Ratio Rank: 5151
Omega Ratio Rank
OVS Calmar Ratio Rank: 6060
Calmar Ratio Rank
OVS Martin Ratio Rank: 6363
Martin Ratio Rank

OVB
OVB Risk / Return Rank: 7676
Overall Rank
OVB Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
OVB Sortino Ratio Rank: 7272
Sortino Ratio Rank
OVB Omega Ratio Rank: 6666
Omega Ratio Rank
OVB Calmar Ratio Rank: 9090
Calmar Ratio Rank
OVB Martin Ratio Rank: 8080
Martin Ratio Rank
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.

OVS vs. OVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Overlay Shares Small Cap Equity ETF (OVS) 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.


OVSOVBDifference

Sharpe ratio

Return per unit of total volatility

0.96

1.26

-0.30

Sortino ratio

Return per unit of downside risk

1.48

1.81

-0.33

Omega ratio

Gain probability vs. loss probability

1.20

1.24

-0.05

Calmar ratio

Return relative to maximum drawdown

1.56

3.01

-1.45

Martin ratio

Return relative to average drawdown

6.45

8.76

-2.31

OVS vs. OVB - Sharpe Ratio Comparison

The current OVS Sharpe Ratio is 0.96, which is comparable to the OVB Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of OVS and OVB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


OVSOVBDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.96

1.26

-0.30

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.19

0.12

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

0.24

+0.13

Correlation

The correlation between OVS and OVB is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

OVS vs. OVB - Dividend Comparison

OVS's dividend yield for the trailing twelve months is around 6.32%, less than OVB's 7.37% yield.


TTM2025202420232022202120202019
OVS
Overlay Shares Small Cap Equity ETF
6.32%3.69%4.08%3.19%3.43%4.05%1.74%0.54%
OVB
Overlay Shares Core Bond ETF
7.37%6.00%5.81%5.20%4.67%4.59%3.88%0.58%

Drawdowns

OVS vs. OVB - Drawdown Comparison

The maximum OVS drawdown since its inception was -45.09%, which is greater than OVB's maximum drawdown of -21.69%. Use the drawdown chart below to compare losses from any high point for OVS and OVB.


Loading graphics...

Drawdown Indicators


OVSOVBDifference

Max Drawdown

Largest peak-to-trough decline

-45.09%

-21.69%

-23.40%

Max Drawdown (1Y)

Largest decline over 1 year

-15.95%

-2.67%

-13.28%

Max Drawdown (5Y)

Largest decline over 5 years

-30.49%

-21.69%

-8.80%

Current Drawdown

Current decline from peak

-5.40%

-1.39%

-4.01%

Average Drawdown

Average peak-to-trough decline

-11.63%

-7.21%

-4.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.85%

0.92%

+2.93%

Volatility

OVS vs. OVB - Volatility Comparison

Overlay Shares Small Cap Equity ETF (OVS) has a higher volatility of 6.99% compared to Overlay Shares Core Bond ETF (OVB) at 2.44%. This indicates that OVS's price experiences larger fluctuations and is considered to be riskier than OVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


OVSOVBDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.99%

2.44%

+4.55%

Volatility (6M)

Calculated over the trailing 6-month period

14.80%

4.67%

+10.13%

Volatility (1Y)

Calculated over the trailing 1-year period

24.98%

6.34%

+18.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.35%

7.30%

+16.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.72%

7.65%

+20.07%