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PSC vs OVLH

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

PSC

Principal U.S. Small-Cap ETF

Principal Funds

Annual cost

0.38%

Fund size

$2.0B

OVLH

Overlay Shares Hedged Large Cap Equity ETF

Overlay Shares

Annual cost

0.80%

Fund size

$102M

Key differences

  • PSC costs 0.42% less per year.
  • PSC is significantly larger than OVLH — larger funds tend to be more liquid and less likely to close.
  • PSC is classified as equity, while OVLH is alternative — different risk/return profiles.
  • PSC follows a index tracking strategy; OVLH uses volatility strategy.
  • Over the last 3 years, PSC has delivered higher annualized returns.
  • PSC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PSCOVLH
Annual cost (TER)0.38%0.80%
Fund size (AUM)$2.0B$102M
Since20162021
Dividend yield0.61%0.29%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingvolatility strategy
CAGR 1Y+28.6%+19.1%
CAGR 3Y+18.7%+17.4%
CAGR 5Y+8.1%+9.9%
Sharpe 3Y0.781.35
Volatility 1Y18.83%8.52%
Max drawdown-46.75%-20.69%

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

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