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OVL vs IJH

Overlay Shares Large Cap Equity ETF vs iShares Core S&P Mid-Cap ETF

OVL

Overlay Shares Large Cap Equity ETF

Overlay Shares

Annual cost

0.79%

Fund size

$221M

IJH

iShares Core S&P Mid-Cap ETF

iShares

Annual cost

0.05%

Fund size

$115.7B

Key differences

  • IJH costs 0.74% less per year.
  • IJH is significantly larger than OVL — larger funds tend to be more liquid and less likely to close.
  • OVL is classified as alternative, while IJH is equity — different risk/return profiles.
  • OVL follows a option income strategy; IJH uses index tracking.
  • Over the last 3 years, OVL has delivered higher annualized returns.
  • IJH has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OVLIJH
Annual cost (TER)0.79%0.05%
Fund size (AUM)$221M$115.7B
Since20192000
Dividend yield5.55%1.22%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+36.9%+26.5%
CAGR 3Y+25.1%+16.5%
CAGR 5Y+15.0%+8.4%
Sharpe 3Y1.110.74
Volatility 1Y14.10%15.73%
Max drawdown-35.49%-42.18%

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

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