Overlay Shares is selling for 44.61 as of the 20th of March 2025. This is a 1.46 percent increase since the beginning of the trading day. The etf's lowest day price was 44.19. Overlay Shares has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
The fund is an actively-managed exchange-traded fund that seeks to achieve its objective by 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 and selling and purchasing listed short-term put options to generate income to the fund. More on Overlay Shares Large
Bradley Ball, Adam Stewart, Shawn Gibson, Justin Boller
Transfer Agent
U.S. Bank, N.A.
Fiscal Year End
31-Aug
Exchange
NYSE Arca, Inc.
Number of Constituents
10.0
Market Maker
GTS
Total Expense
0.87
Management Fee
0.75
Country Name
USA
Returns Y T D
(5.72)
Name
Overlay Shares Large Cap Equity ETF
Currency Code
USD
Open Figi
BBG00QFNW9L7
In Threey Volatility
19.71
1y Volatility
12.98
200 Day M A
45.9279
50 Day M A
47.0526
Code
OVL
Updated At
19th of March 2025
Currency Name
US Dollar
In Threey Sharp Ratio
0.48
Type
ETF
Overlay Shares Large [OVL] is traded in USA and was established 2019-09-30. The fund is classified under Large Blend category within Overlay Shares family. The entity is thematically classified as Large Cap ETFs. Overlay Shares Large now have 243.36 M in assets. , while the total return for the last 3 years was 9.0%.
Check Overlay Shares Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Overlay Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Overlay Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Overlay Shares Large Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Overlay Shares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Overlay Shares Large is a strong investment it is important to analyze Overlay Shares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Overlay Shares' future performance. For an informed investment choice regarding Overlay Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overlay Shares Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Overlay Shares Large is measured differently than its book value, which is the value of Overlay that is recorded on the company's balance sheet. Investors also form their own opinion of Overlay Shares' value that differs from its market value or its book value, called intrinsic value, which is Overlay Shares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Overlay Shares' market value can be influenced by many factors that don't directly affect Overlay Shares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Overlay Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Overlay Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Overlay Shares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.