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OVLH vs SMMD

Overlay Shares Hedged Large Cap Equity ETF vs iShares Russell 2500 ETF

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

SMMD

iShares Russell 2500 ETF

iShares

Annual cost

0.15%

Fund size

$3.0B

Key differences

  • SMMD costs 0.65% less per year.
  • SMMD is significantly larger than OVLH — larger funds tend to be more liquid and less likely to close.
  • OVLH is classified as alternative, while SMMD is equity — different risk/return profiles.
  • OVLH follows a volatility strategy strategy; SMMD uses index tracking.
  • Over the last 3 years, SMMD has delivered higher annualized returns.

Side-by-side comparison

OVLHSMMD
Annual cost (TER)0.80%0.15%
Fund size (AUM)$102M$3.0B
Since20212017
Dividend yield0.29%1.10%
Asset classalternativeequity
Regionnorth americanorth america
Strategyvolatility strategyindex tracking
CAGR 1Y+20.2%+39.3%
CAGR 3Y+17.3%+19.5%
CAGR 5Y+10.1%+8.4%
Sharpe 3Y1.340.84
Volatility 1Y8.51%17.31%
Max drawdown-20.69%-41.06%

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

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