Screener
IVV vs OVL
iShares Core S&P 500 ETF vs Overlay Shares Large Cap Equity ETF
Key differences
- IVV costs 0.76% less per year.
- IVV is significantly larger than OVL — larger funds tend to be more liquid and less likely to close.
- IVV is classified as equity, while OVL is alternative — different risk/return profiles.
- IVV follows a index tracking strategy; OVL uses option income.
- Over the last 3 years, OVL has delivered higher annualized returns.
- IVV has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| IVV | OVL | |
|---|---|---|
| Annual cost (TER) | 0.03% | 0.79% |
| Fund size (AUM) | $797.5B | $221M |
| Since | 2000 | 2019 |
| Dividend yield | 1.12% | 5.55% |
| Asset class | equity | alternative |
| Region | north america | north america |
| Strategy | index tracking | option income |
| CAGR 1Y | +31.2% | +36.9% |
| CAGR 3Y | +23.2% | +25.1% |
| CAGR 5Y | +14.4% | +15.0% |
| Sharpe 3Y | 1.24 | 1.11 |
| Volatility 1Y | 11.95% | 14.10% |
| Max drawdown | -33.90% | -35.49% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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