Skip to content
Beacon
Screener

FFLC vs OVLH

Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF vs Overlay Shares Hedged Large Cap Equity ETF

FFLC

Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF

Annual cost

Fund size

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

Key differences

  • FFLC is classified as equity, while OVLH is alternative — different risk/return profiles.
  • FFLC follows a index tracking strategy; OVLH uses volatility strategy.
  • Over the last 3 years, FFLC has delivered higher annualized returns.

Side-by-side comparison

FFLCOVLH
Annual cost (TER)0.80%
Fund size (AUM)$102M
Since2021
Dividend yield0.29%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingvolatility strategy
CAGR 1Y+29.8%+19.1%
CAGR 3Y+24.1%+17.4%
CAGR 5Y+16.3%+9.9%
Sharpe 3Y1.231.35
Volatility 1Y12.94%8.52%
Max drawdown-19.72%-20.69%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FFLC and OVLH