OVTOverlay Shares Short Term Bond ETF

Get income Take a bet5y track recordRanked #338 of 995 in this goal

Seeks total return.

By Liquid Strategies · Launched 2021

Annual Cost

0.79%

#4,370 of 6,040 · expensive

Fund Size

$61M

#3,551 of 6,040 · mid-size

Return (1Y)

+3.8%

Track Record

5 years

#2,250 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,394+3.9%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Option income

Holdings

By weight

Concentration

Top 10 holdings = 110.7% of fundconcentrated

Vanguard Short-Term Corporate

99.9%

Mount Vernon Liquid Assets Portfolio, LLC

10.9%

N/ASPXW 3 P6450

0.0%

N/ASPXW 3 P6500

0.0%

N/ASPXW 3 P6500

0.0%

N/ASPXW 3 P6500

0.0%

N/ASPXW 3 P6700

-0.0%

N/ASPXW 3 P6700

-0.0%

N/ASPXW 3 P6700

-0.0%

N/ASPXW 3 P6650

-0.0%

Asset allocation

Bonds

98.5%

Cash

1.8%

Other

0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.8%Low

Year-on-year price swings

Max drawdown

-13.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.72Decent risk-adjusted returns

Sortino (3Y)

1.03Good downside protection

Bond profile

Duration

4.3 years

Avg maturity

9.8 years

Credit ratings

US Government

0.7%

AAA

0.3%

9.1%

45.4%

BBB

45.2%

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks total return.
Strategy: Actively manages an ETF investing in short-term, investment grade, U.S. dollar-denominated, fixed-rate taxable bonds with a maximum maturity of five years. Utilizes put spreads to generate income, focusing on equity index options to mitigate volatility and achieve targeted returns.
Inception date: January 14, 2021
Fund family: Liquid Strategies