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OVS vs ITOT

Overlay Shares Small Cap Equity ETF vs iShares Core S&P Total U.S. Stock Market ETF

OVS

Overlay Shares Small Cap Equity ETF

Overlay Shares

Annual cost

0.83%

Fund size

$20M

ITOT

iShares Core S&P Total U.S. Stock Market ETF

iShares

Annual cost

0.03%

Fund size

$88.9B

Key differences

  • ITOT costs 0.80% less per year.
  • ITOT is significantly larger than OVS — larger funds tend to be more liquid and less likely to close.
  • OVS is classified as alternative, while ITOT is equity — different risk/return profiles.
  • OVS follows a option income strategy; ITOT uses index tracking.
  • Over the last 3 years, ITOT has delivered higher annualized returns.
  • ITOT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

OVSITOT
Annual cost (TER)0.83%0.03%
Fund size (AUM)$20M$88.9B
Since20192004
Dividend yield5.97%1.03%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+41.5%+31.1%
CAGR 3Y+17.7%+22.8%
CAGR 5Y+7.1%+13.2%
Sharpe 3Y0.681.20
Volatility 1Y19.45%12.35%
Max drawdown-45.09%-35.00%

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

Similar to OVS and ITOT