Screener
SCMB vs OVT
Schwab Municipal Bond ETF vs Overlay Shares Short Term Bond ETF
Key differences
Both SCMB and OVT are fixed income ETFs. SCMB charges 0.03% a year and OVT 0.79%. The main difference: SCMB follows a index tracking strategy; OVT uses option income.
- SCMB follows a index tracking strategy; OVT uses option income.
- SCMB costs 0.76% less per year.
- SCMB 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.
Side-by-side comparison
| SCMB | OVT | |
|---|---|---|
| Annual cost (TER) | 0.03% | 0.79% |
| Fund size (AUM) | $3.9B | $61M |
| Since | 2022 | 2021 |
| Dividend yield | 3.56% | 8.11% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | option income |
| CAGR 1Y | +6.4% | +8.3% |
| CAGR 3Y | +3.3% | +7.4% |
| CAGR 5Y | N/A | +2.9% |
| Sharpe 3Y | -0.05 | 0.88 |
| Volatility 1Y | 2.89% | 3.56% |
| Max drawdown | -6.13% | -13.59% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.