Skip to content
Beacon
Screener

FFSM vs OVS

Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF vs Overlay Shares Small Cap Equity ETF

FFSM

Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF

Annual cost

Fund size

OVS

Overlay Shares Small Cap Equity ETF

Overlay Shares

Annual cost

0.83%

Fund size

$20M

Key differences

  • FFSM is classified as equity, while OVS is alternative — different risk/return profiles.
  • FFSM follows a active selection strategy; OVS uses option income.
  • Over the last 3 years, FFSM has delivered higher annualized returns.

Side-by-side comparison

FFSMOVS
Annual cost (TER)0.83%
Fund size (AUM)$20M
Since2019
Dividend yield5.97%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+37.7%+38.2%
CAGR 3Y+21.1%+17.1%
CAGR 5Y+9.9%+6.3%
Sharpe 3Y0.910.66
Volatility 1Y17.99%19.45%
Max drawdown-26.65%-45.09%

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

Similar to FFSM and OVS