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OVL vs OEF

Overlay Shares Large Cap Equity ETF vs iShares S&P 100 ETF

OVL

Overlay Shares Large Cap Equity ETF

Overlay Shares

Annual cost

0.79%

Fund size

$221M

OEF

iShares S&P 100 ETF

iShares

Annual cost

0.20%

Fund size

$19.6B

Key differences

  • OEF costs 0.59% less per year.
  • OEF is significantly larger than OVL — larger funds tend to be more liquid and less likely to close.
  • OVL is classified as alternative, while OEF is equity — different risk/return profiles.
  • OVL follows a option income strategy; OEF uses index tracking.
  • OEF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OVLOEF
Annual cost (TER)0.79%0.20%
Fund size (AUM)$221M$19.6B
Since20192000
Dividend yield5.55%0.88%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+36.9%+33.6%
CAGR 3Y+25.1%+25.8%
CAGR 5Y+15.0%+16.3%
Sharpe 3Y1.111.30
Volatility 1Y14.10%12.86%
Max drawdown-35.49%-31.44%

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

Similar to OVL and OEF