Screener
OVT vs ULST
Overlay Shares Short Term Bond ETF vs State Street Ultra Short Term Bond ETF
Key differences
Both OVT and ULST are fixed income ETFs. OVT charges 0.79% a year and ULST 0.20%. The main difference: OVT follows a option income strategy; ULST uses active selection.
- OVT follows a option income strategy; ULST uses active selection.
- ULST costs 0.59% less per year.
- ULST 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.
- ULST has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| OVT | ULST | |
|---|---|---|
| Annual cost (TER) | 0.79% | 0.20% |
| Fund size (AUM) | $61M | $552M |
| Since | 2021 | 2013 |
| Dividend yield | 8.11% | 4.22% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | active selection |
| CAGR 1Y | +8.3% | +3.9% |
| CAGR 3Y | +7.4% | +4.9% |
| CAGR 5Y | +2.9% | +3.5% |
| Sharpe 3Y | 0.88 | 1.22 |
| Volatility 1Y | 3.56% | 0.66% |
| Max drawdown | -13.59% | -6.20% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.