Screener
FCOR vs OVT
Fidelity Corporate Bond ETF vs Overlay Shares Short Term Bond ETF
Key differences
Both FCOR and OVT are fixed income ETFs. FCOR charges 0.36% a year and OVT 0.79%. The main difference: FCOR follows a index tracking strategy; OVT uses option income.
- FCOR follows a index tracking strategy; OVT uses option income.
- FCOR costs 0.43% less per year.
- FCOR is much larger than OVT. Larger funds are usually more liquid and less likely to close.
- Over the last three years, OVT has delivered higher annualized returns.
- FCOR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FCOR | OVT | |
|---|---|---|
| Annual cost (TER) | 0.36% | 0.79% |
| Fund size (AUM) | $342M | $61M |
| Since | 2014 | 2021 |
| Dividend yield | 4.54% | 8.11% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | option income |
| CAGR 1Y | +5.4% | +8.3% |
| CAGR 3Y | +6.0% | +7.4% |
| CAGR 5Y | +0.7% | +2.9% |
| Sharpe 3Y | 0.40 | 0.88 |
| Volatility 1Y | 4.38% | 3.56% |
| Max drawdown | -22.60% | -13.59% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.