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OVLH vs FFLC

Overlay Shares Hedged Large Cap Equity ETF vs Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

FFLC

Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF

Annual cost

Fund size

Key differences

  • OVLH is classified as alternative, while FFLC is equity — different risk/return profiles.
  • OVLH follows a volatility strategy strategy; FFLC uses index tracking.
  • Over the last 3 years, FFLC has delivered higher annualized returns.

Side-by-side comparison

OVLHFFLC
Annual cost (TER)0.80%
Fund size (AUM)$102M
Since2021
Dividend yield0.29%
Asset classalternativeequity
Regionnorth americanorth america
Strategyvolatility strategyindex tracking
CAGR 1Y+19.1%+29.8%
CAGR 3Y+17.4%+24.1%
CAGR 5Y+9.9%+16.3%
Sharpe 3Y1.351.23
Volatility 1Y8.52%12.94%
Max drawdown-20.69%-19.72%

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

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