OVLHOverlay Shares Hedged Large Cap Equity ETF
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.
OVLH Summary Data
OVLH Portfolio Data
OVLH Index Data
OVLH Portfolio Management
OVLH Tax Exposures
OVLH Fund Structure
OVLH Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
OVLH Top 10 Holdings
OVLH Economic Development
OVLH Performance Statistics
OVLH MSCI ESG Ratings
OVLH Benchmark Comparison Summary
OVLH Benchmark Comparison Market Cap Size