Overlay Shares Short Term Bond ETF (OVT)
- Expense ratio0.80%
- Net assets$61.8M
- Dividend yield8.47%
- 1-year return+3.87%
- Duration2.59 yrs
OVT ETF price chart
OVT quote & trading statistics
OVT performance
Annual returns & drawdowns →- YTD+2.00%
- 1 year+3.87%
- 3 years+8.16%/yr
- 5 years+2.92%/yr
- 10 years0.00%/yr
- 1Y volatility
- 2.58%
- 3Y volatility
- 4.58%
- 3Y Sharpe ratio
- 0.62
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
OVT bond portfolio
Rate scenarios & peers →- Yield to maturity
- 5.45%
- Effective duration
- 2.59 yrs
- Average maturity
- 3.2 yrs
- Average coupon
- 4.36%
A one-percentage-point rise in interest rates would lower the price by about 2.6%.
About Overlay Shares Short Term Bond ETF
The fund is an actively-managed 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 short-term, investment grade, U.S. dollar-denominated, fixed-rate taxable bonds with a dollar-weighted average maturity of no more than three years with a maximum maturity of five years 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.
OVT ETF FAQ
What is the OVT expense ratio?
Overlay Shares Short Term Bond ETF has a net expense ratio of 0.80%, or $80.00 a year for every $10,000 invested.
How much money is in OVT?
Overlay Shares Short Term Bond ETF has about $61.8M in net assets.
How has OVT performed?
OVT returned +3.87% over the past year and +2.92% a year over the past five years, including reinvested distributions.
Does OVT pay dividends?
OVT has a dividend yield of 8.47%.
When was OVT launched?
Overlay Shares Short Term Bond ETF began trading on January 14, 2021.