OVSOverlay Shares Small Cap Equity ETF
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 MSCI ESG Analytics Insight
Overlay Shares Small Cap Equity ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.34 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 Small Cap Equity ETF ranks in the 16th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
OVS Summary Data
OVS Portfolio Data
OVS Index Data
OVS Portfolio Management
OVS Tax Exposures
OVS Fund Structure
OVS Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
OVS Top 10 Holdings
OVS Economic Development
OVS Performance Statistics
OVS MSCI ESG Ratings
OVS Benchmark Comparison Summary
OVS Benchmark Comparison Market Cap Size