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OVL vs VONE

Overlay Shares Large Cap Equity ETF vs Vanguard Russell 1000 Index Fund ETF Shares

OVL

Overlay Shares Large Cap Equity ETF

Overlay Shares

Annual cost

0.79%

Fund size

$221M

VONE

Vanguard Russell 1000 Index Fund ETF Shares

Vanguard

Annual cost

0.06%

Fund size

$10.8B

Key differences

  • VONE costs 0.73% less per year.
  • VONE is significantly larger than OVL — larger funds tend to be more liquid and less likely to close.
  • OVL is classified as alternative, while VONE is equity — different risk/return profiles.
  • OVL follows a option income strategy; VONE uses index tracking.
  • Over the last 3 years, OVL has delivered higher annualized returns.
  • VONE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OVLVONE
Annual cost (TER)0.79%0.06%
Fund size (AUM)$221M$10.8B
Since20192010
Dividend yield5.55%1.04%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+36.9%+30.0%
CAGR 3Y+25.1%+22.8%
CAGR 5Y+15.0%+13.6%
Sharpe 3Y1.111.22
Volatility 1Y14.10%12.12%
Max drawdown-35.49%-34.66%

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

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