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PSC vs OVL

Principal U.S. Small-Cap ETF vs Overlay Shares Large Cap Equity ETF

PSC

Principal U.S. Small-Cap ETF

Principal Funds

Annual cost

0.38%

Fund size

$2.0B

OVL

Overlay Shares Large Cap Equity ETF

Overlay Shares

Annual cost

0.79%

Fund size

$221M

Key differences

  • PSC costs 0.41% less per year.
  • PSC is significantly larger than OVL — larger funds tend to be more liquid and less likely to close.
  • PSC is classified as equity, while OVL is alternative — different risk/return profiles.
  • PSC follows a index tracking strategy; OVL uses option income.
  • Over the last 3 years, OVL has delivered higher annualized returns.

Side-by-side comparison

PSCOVL
Annual cost (TER)0.38%0.79%
Fund size (AUM)$2.0B$221M
Since20162019
Dividend yield0.61%5.55%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+28.6%+34.7%
CAGR 3Y+18.7%+25.2%
CAGR 5Y+8.1%+14.5%
Sharpe 3Y0.781.12
Volatility 1Y18.83%14.12%
Max drawdown-46.75%-35.49%

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

Similar to PSC and OVL