SFYI vs. OVL

Last updated Jul 17, 2026

SFYI (SoFi Social 50 Income ETF) and OVL (Overlay Shares Large Cap Equity ETF) are both Derivative Income funds. Both are actively managed. A 0.69 correlation means they provide meaningful diversification when combined. SFYI charges 0.73%/yr vs 0.79%/yr for OVL.

Performance

SFYI vs. OVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Social 50 Income ETF (SFYI) and Overlay Shares Large Cap Equity ETF (OVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SFYI

• 1D: -1.23%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OVL

• 1D: -0.56%
• 1M: 0.43%
• 6M: 10.52%
• YTD: 12.79%
• 1Y: 25.38%
• 3Y*: 21.66%
• 5Y*: 13.56%
• 10Y*: —

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

SFYI vs. OVL - Yearly Performance Comparison

	2026 (YTD)
SFYI SoFi Social 50 Income ETF	-0.91%
OVL Overlay Shares Large Cap Equity ETF	-0.04%

Correlation

The correlation between SFYI and OVL is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	0.69

Return for Risk

SFYI vs. OVL — Risk / Return Rank

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

SFYI

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

OVL

OVL Risk / Return Rank: 69
OVL Sharpe Ratio Rank: 66
OVL Sortino Ratio Rank: 63
OVL Omega Ratio Rank: 64
OVL Calmar Ratio Rank: 72
OVL Martin Ratio Rank: 79

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.

SFYI vs. OVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Social 50 Income ETF (SFYI) and Overlay Shares Large Cap Equity ETF (OVL). 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.

	SFYI	OVL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.73	—
Sortino ratio: Return per unit of downside risk	—	2.35	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.92	—
Martin ratio: Return relative to average drawdown	—	11.80	—

Drawdowns

SFYI vs. OVL - Drawdown Comparison

The maximum SFYI drawdown since its inception was -2.10%, smaller than the maximum OVL drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for SFYI and OVL.

Drawdown Indicators

	SFYI	OVL	Difference
Max Drawdown Largest peak-to-trough decline	-2.10%	-35.49%	+33.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.73%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.73%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.23%	—
Current Drawdown Current decline from peak	-2.10%	-1.31%	-0.79%
Average Drawdown Average peak-to-trough decline	-0.78%	-6.64%	+5.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.16%	—

Volatility

Volatility by Period

	SFYI	OVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.64%	14.73%	-1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.64%	19.90%	-6.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.64%	22.47%	-8.83%

SFYI vs. OVL - Expense Ratio Comparison

SFYI has a 0.73% expense ratio, which is lower than OVL's 0.79% expense ratio.

Dividends

SFYI vs. OVL - Dividend Comparison

SFYI has not paid dividends to shareholders, while OVL's dividend yield for the trailing twelve months is around 6.42%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
OVL Overlay Shares Large Cap Equity ETF	6.42%	2.99%	3.10%	3.33%	3.85%	3.63%	2.43%	0.50%
SFYI SoFi Social 50 Income ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SFYI and OVL in my portfolio?

SFYI and OVL have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFYI or OVL?

On fees, SFYI is cheaper at 0.73% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SFYI or OVL?

SFYI is cheaper with a 0.73% expense ratio, compared with 0.79% for OVL.

Which ETF pays a higher dividend yield, SFYI or OVL?

OVL has the higher dividend yield at 6.42%, compared with 0.00% for SFYI.

What is the main difference between SFYI and OVL?

They also come from different issuers: Tidal and Liquid Strategies. Their fees differ too: 0.73% for SFYI and 0.79% for OVL.