OVLHOverlay Shares Hedged Large Cap Equity ETF

Grow my money Diversifier5y track recordRanked #115 of 240 in this goal

Seeks long-term capital appreciation while mitigating overall market risk.

By Overlay Shares · Launched 2021

Annual Cost

0.80%

#4,189 of 5,562 · expensive

Fund Size

$116M

#2,798 of 5,562 · mid-size

Return (1Y)Goal

+17.0%

Track Record

5 years

#2,281 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,737+17.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 99.9% of fundconcentrated

Vanguard S&P 500 ETF

97.0%

N/ASPX 10 P6500

0.4%

N/ASPX 9 P6500

0.4%

N/ASPX 8 P6500

0.4%

N/ASPX 7 P6500

0.3%

N/ASPX 6 P6500

0.3%

N/ASPX 3 P6500

0.3%

N/ASPX 5 P6500

0.3%

First American Government Obli

0.3%

N/ASPX 4 P6500

0.2%

Asset allocation

Stocks

102.2%

Other

0.2%

By sector

Technology

35.8%

Financial Services

11.6%

Communication

11.2%

Consumer Cyclical

10.1%

Healthcare

8.5%

Industrials

8.3%

Consumer Defensive

4.9%

Energy

3.5%

Other

6.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

8.9%Low

Year-on-year price swings

Max drawdown

-20.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.19Strong risk-adjusted returns

Sortino (3Y)

1.83Good downside protection

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks long-term capital appreciation while mitigating overall market risk.
Strategy: Actively managed ETF investing in other ETFs to gain exposure to large-cap equities. Aims to reduce market risk through hedging strategies.
Inception date: January 14, 2021
Fund family: Overlay Shares