Screener
OVT vs FCOR
Overlay Shares Short Term Bond ETF vs Fidelity Corporate Bond ETF
Key differences
Both OVT and FCOR are fixed income ETFs. OVT charges 0.79% a year and FCOR 0.36%. The main difference: OVT follows a option income strategy; FCOR uses index tracking.
- OVT follows a option income strategy; FCOR uses index tracking.
- FCOR costs 0.43% less per year.
- FCOR is much larger than OVT. Larger funds are usually more liquid and less likely to close.
- Over the last three years, OVT has delivered higher annualized returns.
- FCOR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| OVT | FCOR | |
|---|---|---|
| Annual cost (TER) | 0.79% | 0.36% |
| Fund size (AUM) | $61M | $342M |
| Since | 2021 | 2014 |
| Dividend yield | 8.11% | 4.54% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +8.3% | +5.4% |
| CAGR 3Y | +7.4% | +6.0% |
| CAGR 5Y | +2.9% | +0.7% |
| Sharpe 3Y | 0.88 | 0.40 |
| Volatility 1Y | 3.56% | 4.38% |
| Max drawdown | -13.59% | -22.60% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.