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OVLH vs VOO

Overlay Shares Hedged Large Cap Equity ETF vs Vanguard S&P 500 ETF

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

VOO

Vanguard S&P 500 ETF

Vanguard

Annual cost

0.03%

Fund size

$1.6T

Key differences

  • VOO costs 0.77% less per year.
  • VOO is significantly larger than OVLH — larger funds tend to be more liquid and less likely to close.
  • OVLH is classified as alternative, while VOO is equity — different risk/return profiles.
  • OVLH follows a volatility strategy strategy; VOO uses index tracking.
  • Over the last 3 years, VOO has delivered higher annualized returns.
  • VOO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OVLHVOO
Annual cost (TER)0.80%0.03%
Fund size (AUM)$102M$1.6T
Since20212010
Dividend yield0.29%1.08%
Asset classalternativeequity
Regionnorth americanorth america
Strategyvolatility strategyindex tracking
CAGR 1Y+20.2%+31.1%
CAGR 3Y+17.3%+23.2%
CAGR 5Y+10.1%+14.4%
Sharpe 3Y1.341.25
Volatility 1Y8.51%11.96%
Max drawdown-20.69%-33.99%

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

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