Overlay Shares Foreign Equity ETF

Frequently Asked Questions About OVF

What does OVF invest in?

This actively managed exchange-traded fund (ETF) is designed to achieve its investment objectives through two primary strategies. Firstly, it gains exposure to international equity securities, spanning both developed and emerging markets, either by investing in other ETFs focused on these non-U.S. stocks or by directly purchasing the underlying securities themselves. Secondly, the fund generates income by engaging in the selling and purchasing of listed short-term put options.

What is the expense ratio of OVF?

Overlay Shares Foreign Equity ETF (OVF) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.

How big is OVF?

Overlay Shares Foreign Equity ETF (OVF) manages $66.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is OVF actively managed or an index fund?

OVF is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (OVF's is 0.83%) in exchange for the discretion to over- or under-weight positions.

When was OVF launched?

Overlay Shares Foreign Equity ETF (OVF) launched in September 2019 and is managed by Overlay Shares.

How has OVF performed?

OVF's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.