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SSPY vs OVS

Stratified LargeCap Index ETF vs Overlay Shares Small Cap Equity ETF

SSPY

Stratified LargeCap Index ETF

Syntax

Annual cost

0.45%

Fund size

$122M

OVS

Overlay Shares Small Cap Equity ETF

Overlay Shares

Annual cost

0.83%

Fund size

$20M

Key differences

  • SSPY costs 0.38% less per year.
  • SSPY is significantly larger than OVS — larger funds tend to be more liquid and less likely to close.
  • SSPY is classified as equity, while OVS is alternative — different risk/return profiles.
  • SSPY follows a index tracking strategy; OVS uses option income.
  • Over the last 3 years, OVS has delivered higher annualized returns.

Side-by-side comparison

SSPYOVS
Annual cost (TER)0.45%0.83%
Fund size (AUM)$122M$20M
Since20192019
Dividend yield1.29%5.97%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+21.2%+38.2%
CAGR 3Y+15.1%+17.1%
CAGR 5Y+9.1%+6.3%
Sharpe 3Y0.850.66
Volatility 1Y10.79%19.45%
Max drawdown-36.67%-45.09%

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

Similar to SSPY and OVS