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OVLH vs VIOO

Overlay Shares Hedged Large Cap Equity ETF vs Vanguard S&P Small-Cap 600 Index Fund ETF Shares

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

VIOO

Vanguard S&P Small-Cap 600 Index Fund ETF Shares

Vanguard

Annual cost

0.07%

Fund size

$5.8B

Key differences

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

Side-by-side comparison

OVLHVIOO
Annual cost (TER)0.80%0.07%
Fund size (AUM)$102M$5.8B
Since20212010
Dividend yield0.29%1.19%
Asset classalternativeequity
Regionnorth americanorth america
Strategyvolatility strategyindex tracking
CAGR 1Y+20.2%+36.2%
CAGR 3Y+17.3%+16.0%
CAGR 5Y+10.1%+6.6%
Sharpe 3Y1.340.65
Volatility 1Y8.51%17.77%
Max drawdown-20.69%-44.15%

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

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