Screener
JPLD vs OVT
Limited Duration Bond ETF vs Overlay Shares Short Term Bond ETF
Key differences
Both JPLD and OVT are fixed income ETFs. JPLD charges 0.24% a year and OVT 0.79%. The main difference: JPLD follows a index tracking strategy; OVT uses option income.
- JPLD follows a index tracking strategy; OVT uses option income.
- JPLD costs 0.55% less per year.
- JPLD is much larger than OVT. Larger funds are usually more liquid and less likely to close.
- JPLD has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| JPLD | OVT | |
|---|---|---|
| Annual cost (TER) | 0.24% | 0.79% |
| Fund size (AUM) | $3.8B | $61M |
| Since | 1993 | 2021 |
| Dividend yield | 4.21% | 8.11% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | option income |
| CAGR 1Y | +4.9% | +8.3% |
| CAGR 3Y | N/A | +7.4% |
| CAGR 5Y | N/A | +2.9% |
| Sharpe 3Y | N/A | 0.88 |
| Volatility 1Y | 1.46% | 3.56% |
| Max drawdown | -1.17% | -13.59% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.