Overlay Shares Foreign Equity ETF (OVF)

Cboe BZX: OVFExchange-traded fund from Liquid Strategies.

  • Expense ratio0.80%
  • Net assets$65.7M
  • Dividend yield11.30%
  • 1-year return+14.89%
  • Holdings3

OVF ETF price chart

OVF quote & trading statistics

OVF performance

Annual returns & drawdowns →
  • YTD+11.51%
  • 1 year+14.89%
  • 3 years+22.90%/yr
  • 5 years+8.53%/yr
  • 10 years0.00%/yr
1Y volatility
13.97%
3Y volatility
13.52%
3Y Sharpe ratio
1.14

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

OVF top 3 holdings

#SymbolNameWeight
1IEFAiShares Trust - iShares Core MSCI EAFE ETF77.84%
2IEMGiShares Core MSCI Emerging Markets ETF25.34%
3FGXXXFirst American Funds Inc. - Government Obligations Fund0.40%

The top 3 holdings make up 103.6% of the fund (3 holdings in total). As of October 25, 2026.

OVF sector weights

Financial Services
22.8%
Technology
17.8%
Industrials
16.7%
Healthcare
8.3%
Consumer Cyclical
8.2%
Basic Materials
6.3%
Consumer Defensive
5.8%
Communication Services
5.1%
Energy
4.2%
Utilities
3.3%
Real Estate
2.5%

OVF region weights

Europe Developed
33.3%
Japan
20.4%
Asia Developed
14.1%
United Kingdom
10.7%
Asia Emerging
8.4%
Australasia
5.6%
Africa/Middle East
2.9%
North America
2.0%
Latin America
1.8%
Europe Emerging
0.5%

OVF asset allocation

Non-U.S. stocks
96.6%
Cash
1.3%
U.S. stocks
0.5%
Other
0.3%

OVF market-cap breakdown

Mega cap
49.7%
Large cap
32.0%
Mid cap
16.2%
Small cap
3.4%
Micro cap
0.2%

About Overlay Shares Foreign Equity 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 exposure to the performance of non-U.S. equity securities (from both developed and emerging markets) 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.

OVF ETF FAQ

What is the OVF expense ratio?

Overlay Shares Foreign Equity ETF has a net expense ratio of 0.80%, or $80.00 a year for every $10,000 invested.

How much money is in OVF?

Overlay Shares Foreign Equity ETF has about $65.7M in net assets.

What are the top holdings of OVF?

The largest positions in OVF are iShares Trust - iShares Core MSCI EAFE ETF (77.84%), iShares Core MSCI Emerging Markets ETF (25.34%), First American Funds Inc. - Government Obligations Fund (0.40%). The fund holds 3 securities in total.

How has OVF performed?

OVF returned +14.89% over the past year and +8.53% a year over the past five years, including reinvested distributions.

Does OVF pay dividends?

OVF has a dividend yield of 11.30%.

When was OVF launched?

Overlay Shares Foreign Equity ETF began trading on September 30, 2019.