OVS

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

OVS Fund Description

OVS is actively managed to provide exposure to small cap U.S. equities combined with a “put spread” option overlay strategy.

OVS Factset Analytics Insight

OVS selects other ETFs in the U.S. small cap equity space to provide long exposure. In addition, the fund sells short put options at a strike below the level of the S&P 500 Index and buys put options below the strike price of the short put options. Fund allocations are based on a quantitative methodology based on the perceived risk of the broad U.S. equity market. 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. In a rising or sideways U.S. equity market, the strategy seeks to provide a positive performance return along with additional income. In a declining U.S. equity market, or periods of increased volatility, the loss potential could be greater than the profit potential.

OVS Charts And Performance

Price Chart ($)
Total Return Chart (%)
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  • 3 Months
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PERFORMANCE [as of 07/08/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OVS -10.25% 18.53% -19.47% -- -- -- --
ticker (NAV) -10.17% 18.30% -19.47% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Small Cap Index -7.76% 21.17% -12.83% -6.56% 3.45% 5.62% 11.34%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OVS Summary Data

09/30/19
Open-Ended Fund
0.82%
$9.22M
$218.96K
0.80%

OVS Portfolio Data

$1.79B
-146.40
1.58
--
N/A
6

OVS Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Small Cap Index

OVS Portfolio Management

0.82%
--
--
--

OVS Tax Exposures

20.00% / 39.60%
0.23%
Qualified dividends
No

OVS Fund Structure

Open-Ended Fund
Yes
--
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

OVS Factset Analytics Block Liquidity

As of 07/09/20
5
4
3
2
1

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

OVS Tradability

10,123
$218.96K
2,939
$59.75K
0.80%
$0.17
0.05%
1.20% / -2.99%
None
--
25,000
0.12
--
--
0
$21.81
N/A

OVS Sector/Industry Breakdown


OVS
Segment Benchmark
22.45%
22.61%
17.67%
14.20%
14.85%
16.46%
14.69%
14.37%
12.69%
15.76%
5.27%
4.63%
4.95%
4.69%
3.09%
3.58%
2.39%
2.72%
1.94%
0.98%

OVS Top 10 Holdings

99.71%
0.68%
0.01%
-0.03%
-0.06%
-0.31%
100%

OVS Countries


OVS
Segment Benchmark
100.00%
99.97%
--
0.03%

OVS Regions


OVS
Segment Benchmark
100.00%
100.00%

OVS Economic Development


OVS
Segment Benchmark
100.00%
100.00%

OVS Performance Statistics

0.96
1.01
1.00
0.94
0.58%
MSCI USA Small Cap Index

OVS Benchmark Comparison Holdings

6
1727
531
19.89%

OVS Benchmark Comparison Summary


OVS
Segment Benchmark
6
1727
$1.79B
$3.70B
-146.40
-376.42
1.58
1.89
2.14%
1.97%
Low
Low

OVS Benchmark Comparison Market Cap Size


OVS
Segment Benchmark
0.00%
0.27%
18.79%
59.89%
71.20%
35.62%
10.01%
4.22%