Screener
OVM vs SCMB
Overlay Shares Municipal Bond ETF vs Schwab Municipal Bond ETF
Key differences
Both OVM and SCMB are fixed income ETFs. OVM charges 0.81% a year and SCMB 0.03%. The main difference: OVM follows a option income strategy; SCMB uses index tracking.
- OVM follows a option income strategy; SCMB uses index tracking.
- SCMB costs 0.78% less per year.
- SCMB is much larger than OVM. Larger funds are usually more liquid and less likely to close.
- Over the last three years, OVM has delivered higher annualized returns.
Side-by-side comparison
| OVM | SCMB | |
|---|---|---|
| Annual cost (TER) | 0.81% | 0.03% |
| Fund size (AUM) | $38M | $3.9B |
| Since | 2019 | 2022 |
| Dividend yield | 6.12% | 3.56% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +10.9% | +6.4% |
| CAGR 3Y | +5.2% | +3.3% |
| CAGR 5Y | +1.5% | N/A |
| Sharpe 3Y | 0.30 | -0.05 |
| Volatility 1Y | 4.24% | 2.89% |
| Max drawdown | -15.58% | -6.13% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.