OVLH

Overlay Shares Hedged Large Cap Equity ETF
*Unless otherwise stated, data provided by FactSet.

OVLH Fund Description

OVLH is actively managed to provide exposure to the US large-cap space combined with an option overlay strategy, utilizing a put spread and long-term OTM put options.

OVLH Factset Analytics Insight

OVLH holds an ETF that provides long exposure to the US large-cap equity space and constructs a bull put spread on the S&P 500 Index. What sets it apart from its sister fund, OVL, is that it adds another layer of hedging by purchasing long-term out-of-the-money put options with a notional value approximating the Fund’s NAV. Fund allocations are based on a quantitative methodology based on perceived risk of the broad US equity market. In making this determination, the Adviser considers various factors including overall market volatility, a qualitative assessment of potential risk/reward scenarios, and mitigating the effects of volatility in the fund’s portfolio.

OVLH MSCI ESG Analytics Insight

Overlay Shares Hedged Large Cap Equity ETF has an MSCI ESG Fund Rating of A based on a score of 5.82 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Overlay Shares Hedged Large Cap Equity ETF ranks in the 41st percentile within its peer group and in the 46th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 07/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OVLH 2.92% 4.35% -- -- -- -- --
OVLH (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 3.39% 6.65% 16.98% 35.78% 19.29% 18.05% 15.27%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OVLH Summary Data

01/14/21
Open-Ended Fund
0.78%
$10.51M
$38.28K
0.44%

OVLH Portfolio Data

$483.94B
33.39
4.55
--
N/A
499

OVLH Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Large Cap Index

OVLH Portfolio Management

0.78%
--
--
--

OVLH Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

OVLH Fund Structure

Open-Ended Fund
Yes
No
-- / --
N/A
N/A
Low
Daily

OVLH Factset Analytics Block Liquidity

As of 07/23/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of OVLH. OVLH is rated a N/A out of 5.

OVLH Tradability

1,403
$38.28K
585
$15.85K
0.44%
$0.12
--
-- / --
None
100.00%
25,000
0.02
0.04%
--
0
--
N/A

OVLH Sector/Industry Breakdown


OVLH
Segment Benchmark
32.86%
35.75%
15.05%
14.48%
14.21%
12.96%
12.72%
13.20%
9.71%
8.91%
5.88%
6.22%
2.79%
2.52%
2.63%
2.07%
2.54%
2.16%
1.48%
1.64%

OVLH Top 10 Holdings

3.96%
-5.14%
100.00%

OVLH Countries


OVLH
Segment Benchmark
100.00%
99.90%
--
0.10%

OVLH Regions


OVLH
Segment Benchmark
100.00%
100.00%

OVLH Economic Development


OVLH
Segment Benchmark
100.00%
100.00%

OVLH Performance Statistics

--
--
--
--
--
MSCI USA Large Cap Index

OVLH MSCI ESG Ratings

5.82 / 10
46.00
40.75
6.27%
5.03%
139.37

OVLH Benchmark Comparison Holdings

499
291
264
88.06%

OVLH Benchmark Comparison Summary


OVLH
Segment Benchmark
499
291
$483.94B
$529.51B
33.39
32.61
4.55
4.89
1.36%
1.35%
Low
Low

OVLH Benchmark Comparison Market Cap Size


OVLH
Segment Benchmark
98.39%
100.00%
1.61%
0.00%
0.00%
0.00%
0.00%
0.00%