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OVS vs FFLC

Overlay Shares Small Cap Equity ETF vs Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF

OVS

Overlay Shares Small Cap Equity ETF

Overlay Shares

Annual cost

0.83%

Fund size

$20M

FFLC

Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF

Annual cost

Fund size

Key differences

  • OVS is classified as alternative, while FFLC is equity — different risk/return profiles.
  • OVS follows a option income strategy; FFLC uses index tracking.
  • Over the last 3 years, FFLC has delivered higher annualized returns.

Side-by-side comparison

OVSFFLC
Annual cost (TER)0.83%
Fund size (AUM)$20M
Since2019
Dividend yield5.97%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+38.2%+29.8%
CAGR 3Y+17.1%+24.1%
CAGR 5Y+6.3%+16.3%
Sharpe 3Y0.661.23
Volatility 1Y19.45%12.94%
Max drawdown-45.09%-19.72%

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

Similar to OVS and FFLC