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OVLH vs VV

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

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

VV

Vanguard Large Cap Index Fund

Vanguard

Annual cost

0.03%

Fund size

$71.0B

Key differences

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

Side-by-side comparison

OVLHVV
Annual cost (TER)0.80%0.03%
Fund size (AUM)$102M$71.0B
Since20212004
Dividend yield0.29%1.03%
Asset classalternativeequity
Regionnorth americanorth america
Strategyvolatility strategyindex tracking
CAGR 1Y+20.2%+30.6%
CAGR 3Y+17.3%+23.4%
CAGR 5Y+10.1%+14.1%
Sharpe 3Y1.341.23
Volatility 1Y8.51%12.14%
Max drawdown-20.69%-34.28%

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

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