Skip to content
Beacon
Screener

OVS vs SPSM

Overlay Shares Small Cap Equity ETF vs State Street SPDR Portfolio S&P 600 Small Cap ETF

OVS

Overlay Shares Small Cap Equity ETF

Overlay Shares

Annual cost

0.83%

Fund size

$20M

SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$15.4B

Key differences

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

Side-by-side comparison

OVSSPSM
Annual cost (TER)0.83%0.03%
Fund size (AUM)$20M$15.4B
Since20192013
Dividend yield5.97%1.44%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+41.5%+36.2%
CAGR 3Y+17.7%+16.0%
CAGR 5Y+7.1%+6.7%
Sharpe 3Y0.680.66
Volatility 1Y19.45%17.63%
Max drawdown-45.09%-42.89%

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

Similar to OVS and SPSM