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OVLH vs VB

Overlay Shares Hedged Large Cap Equity ETF vs Vanguard Small-Cap Index Fund ETF Shares

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

VB

Vanguard Small-Cap Index Fund ETF Shares

Vanguard

Annual cost

0.03%

Fund size

$177.4B

Key differences

  • VB costs 0.77% less per year.
  • VB is significantly larger than OVLH — larger funds tend to be more liquid and less likely to close.
  • OVLH is classified as alternative, while VB is equity — different risk/return profiles.
  • OVLH follows a volatility strategy strategy; VB uses index tracking.
  • VB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OVLHVB
Annual cost (TER)0.80%0.03%
Fund size (AUM)$102M$177.4B
Since20212004
Dividend yield0.29%1.23%
Asset classalternativeequity
Regionnorth americanorth america
Strategyvolatility strategyindex tracking
CAGR 1Y+20.2%+31.4%
CAGR 3Y+17.3%+17.9%
CAGR 5Y+10.1%+7.8%
Sharpe 3Y1.340.78
Volatility 1Y8.51%16.45%
Max drawdown-20.69%-42.05%

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

Similar to OVLH and VB