Screener
OVT vs JPLD
Overlay Shares Short Term Bond ETF vs Limited Duration Bond ETF
Key differences
Both OVT and JPLD are fixed income ETFs. OVT charges 0.79% a year and JPLD 0.24%. The main difference: OVT follows a option income strategy; JPLD uses index tracking.
- OVT follows a option income strategy; JPLD uses index tracking.
- JPLD costs 0.55% less per year.
- JPLD is much larger than OVT. Larger funds are usually more liquid and less likely to close.
- JPLD has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| OVT | JPLD | |
|---|---|---|
| Annual cost (TER) | 0.79% | 0.24% |
| Fund size (AUM) | $61M | $3.8B |
| Since | 2021 | 1993 |
| Dividend yield | 8.11% | 4.21% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +8.3% | +4.9% |
| CAGR 3Y | +7.4% | N/A |
| CAGR 5Y | +2.9% | N/A |
| Sharpe 3Y | 0.88 | N/A |
| Volatility 1Y | 3.56% | 1.46% |
| Max drawdown | -13.59% | -1.17% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.