What is OVS?

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

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OVS 1.90% -0.66% -16.04% -14.20% 8.05% -- --
OVS (NAV) 1.88% -0.69% -16.04% -14.25% 8.07% -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Small Cap Index 1.37% -0.68% -14.17% -13.32% 7.78% 7.12% 11.21%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 Summary Data

09/30/19
0.83%
$7.63M
No Underlying Index
MSCI USA Small Cap Index
Open-Ended Fund

Peers

MSCI USA Small Cap Index

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
$0.00B 90 Days

OVS Portfolio Data

--
--
--
4.42%
N/A
--

OVS Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Small Cap Index

OVS Portfolio Management

0.83%
--
--
--

OVS Tax Exposures

20.00% / 39.60%
0.57%
Qualified dividends
No

OVS Fund Structure

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

Factset Analytics Block Liquidity

As of 11/30/22

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

981
$27.44K
514
$15.64K
0.38%
$0.11
0.00%
0.99% / -0.79%
None
100.00%
25,000
0.02
0.03%
--
0
$30.62
N/A

OVS Sector/Industry Breakdown

OVS Segment
Benchmark
101.36% --
-1.36% --

OVS Top 10 Holdings

-0.07%
-1.29%
100.00%

OVS Performance Statistics

0.97
0.99
1.01
1.00
0.33%
MSCI USA Small Cap Index

OVS Benchmark Comparison Holdings

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OVS Benchmark Comparison Summary

OVS Segment
Benchmark
-- --
-- --
-- --
-- --
-- --
Low --

OVS Benchmark Comparison Market Cap Size

OVS Segment
Benchmark
-- --
-- --
-- --
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