Overlay Shares Core Bond ETF (OVB)
- Expense ratio0.83%
- Net assets$47.6M
- Dividend yield7.88%
- 1-year return+0.72%
- Duration5.85 yrs
OVB ETF price chart
OVB quote & trading statistics
OVB performance
Annual returns & drawdowns →- YTD+0.77%
- 1 year+0.72%
- 3 years+7.74%/yr
- 5 years+0.24%/yr
- 10 years0.00%/yr
- 1Y volatility
- 4.89%
- 3Y volatility
- 7.66%
- 3Y Sharpe ratio
- 0.23
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
OVB bond portfolio
Rate scenarios & peers →- Yield to maturity
- 5.81%
- Effective duration
- 5.85 yrs
- Average maturity
- 8.6 yrs
- Average coupon
- 3.85%
A one-percentage-point rise in interest rates would lower the price by about 5.9%.
About Overlay Shares Core Bond ETF
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 investment grade, U.S. dollar-denominated, fixed-rate taxable bonds or directly in the securities held by such ETFs and (ii) selling and purchasing listed short-term put options to generate income to the fund.
OVB ETF FAQ
What is the OVB expense ratio?
Overlay Shares Core Bond ETF has a net expense ratio of 0.83%, or $83.00 a year for every $10,000 invested.
How much money is in OVB?
Overlay Shares Core Bond ETF has about $47.6M in net assets.
How has OVB performed?
OVB returned +0.72% over the past year and +0.24% a year over the past five years, including reinvested distributions.
Does OVB pay dividends?
OVB has a dividend yield of 7.88%.
When was OVB launched?
Overlay Shares Core Bond ETF began trading on September 30, 2019.