Overlay Shares Hedged Large Cap Equity ETF

Frequently Asked Questions About OVLH

What does OVLH invest in?

The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. large-cap equity securities or directly in the securities held by such ETFs (collectively, the “Underlying Investments”), and (ii) purchasing long-term out-of-the-money put options (i.e., put options with a strike price below the current price of the reference asset) to seek to hedge against significant declines in U.S. large-cap equities.

What is the expense ratio of OVLH?

Overlay Shares Hedged Large Cap Equity ETF (OVLH) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

How big is OVLH?

Overlay Shares Hedged Large Cap Equity ETF (OVLH) manages $105.9M 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 OVLH actively managed or an index fund?

OVLH's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was OVLH launched?

Overlay Shares Hedged Large Cap Equity ETF (OVLH) launched in January 2021 and is managed by Overlay Shares.

How has OVLH performed?

OVLH'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.