Screener
OVM vs DEFR
Overlay Shares Municipal Bond ETF vs Aptus Deferred Income ETF
Key differences
OVM is a fixed income ETF, while DEFR is an alternative ETF. OVM charges 0.81% a year and DEFR 0.79%.
- OVM is a fixed income fund, while DEFR is an alternative fund. They carry different risk/return profiles.
- DEFR is much larger than OVM. Larger funds are usually more liquid and less likely to close.
- OVM has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| OVM | DEFR | |
|---|---|---|
| Annual cost (TER) | 0.81% | 0.79% |
| Fund size (AUM) | $38M | $122M |
| Since | 2019 | 2025 |
| Dividend yield | 6.12% | 0.00% |
| Asset class | fixed income | alternative |
| Region | north america | north america |
| Strategy | option income | option income |
| CAGR 1Y | +10.9% | +5.2% |
| CAGR 3Y | +5.2% | N/A |
| CAGR 5Y | +1.5% | N/A |
| Sharpe 3Y | 0.30 | N/A |
| Volatility 1Y | 4.24% | 5.17% |
| Max drawdown | -15.58% | -3.90% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.