OVL icon

Overlay Shares Large Cap Equity ETF
OVL

48.39 USD
-0.98
1.99%
At close Aug 1, 4:00 PM EDT
1 day
-1.99%
5 days
-2.79%
1 month
0.17%
3 months
11.83%
6 months
1.34%
Year to date
4.33%
1 year
11.29%
5 years
71.96%
10 years
95.75%
0
Funds holding %
of 7,327 funds
–
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

12% more capital invested

Capital invested by funds: $158M [Q4 2024] → $177M (+$18.7M) [Q1 2025]

6% more funds holding

Funds holding: 35 [Q4 2024] → 37 (+2) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

8.43% less ownership

Funds ownership: 95.14% [Q4 2024] → 86.71% (-8.43%) [Q1 2025]

53% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 15

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for OVL.

See Analyst Rankings

Financial journalist opinion

Negative
Seeking Alpha
2 days ago
OVL: Put Spread ETF Reaching Its Objective, Yet Unconvincing
Overlay Shares Large Cap Equity ETF offers S&P 500 exposure with a put spread strategy to enhance dividends and hedge against moderate downturns. Since inception, OVL has outperformed the S&P 500 in total return but with higher volatility and a lower Sharpe ratio. Distribution yield looks unstable, and the current payout may not be sustainable long term.
OVL: Put Spread ETF Reaching Its Objective, Yet Unconvincing
See News Rankings
Charts implemented using Lightweight Charts™