OVT Overlay Shares Short Term Bond ETF
Quote as of Aug 26, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 21.76 | Day Range | 21.73 – 21.78 |
| 52-Week Range | 21.45 – 22.62 | Volume | 6.57K |
| Avg Volume | 13.43K | AUM | $49.8M (Aug 26, 2026) |
| Expense Ratio | 0.80% | Yield (TTM) | 7.63% |
| NAV | 21.78 | Premium/Discount | 0.00% indicative |
| Inception | Jan 15, 2021 | Holdings | 8 |
| Issuer | Overlay Shares | Exchange | CBOE |
| Category | Bonds | Index Tracked | Not stated in source data |
| CUSIP | 53656F573 | ISIN | US53656F5733 |
| Structure | Inverse | ||
| Management | Actively managed (per issuer description) | ||
About this 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.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.40% | -1.33% | -2.13% | -1.06% | -1.82% | +0.63% | -2.91% | — | -2.46% |
| Total return | +0.97% | +0.28% | +1.02% | +2.69% | +5.89% | +7.47% | +2.86% | — | +3.00% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.80% | Annual cost of a $10,000 investment | $80.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 9 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Vanguard Short-Term Corporate Bond ETF | VCSH | 100.00% | 782.20K | $61.5M |
| 2 | SPXW US 08/28/26 P7550 | — | 0.00% | -20 | $0.00 |
| 3 | SPXW US 08/31/26 P7600 | — | 0.00% | -20 | $0.00 |
| 4 | SPXW US 08/24/26 P7650 | — | 0.00% | 20 | $0.00 |
| 5 | SPXW US 08/28/26 P7445 | — | 0.00% | 20 | $0.00 |
| 6 | SPXW US 08/31/26 P7500 | — | 0.00% | 20 | $0.00 |
| 7 | Cash & Other | — | 0.00% | -5.21K | $0.00 |
| 8 | First American Government Obligations Fund… | — | 0.00% | 193.62K | $0.00 |
| 9 | SPXW US 08/24/26 P7750 | — | 0.00% | -20 | $0.00 |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 7.63% | Paid (last 12 months) | $1.6591 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jul 29, 2026 | Last payment | $0.1146 (Jul 30, 2026) |
| Growth 1Y | +18.97% | Growth 3Y / 5Y (ann.) | +18.82% / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jul 29, 2026 | Jul 29, 2026 | Jul 30, 2026 | $0.1146 |
| Jun 26, 2026 | Jun 26, 2026 | Jun 29, 2026 | $0.1189 |
| May 27, 2026 | May 27, 2026 | May 28, 2026 | $0.1177 |
| Apr 28, 2026 | Apr 28, 2026 | Apr 29, 2026 | $0.1179 |
| Mar 27, 2026 | Mar 27, 2026 | Mar 30, 2026 | $0.1104 |
| Feb 25, 2026 | Feb 25, 2026 | Feb 26, 2026 | $0.1126 |
| Jan 28, 2026 | Jan 28, 2026 | Jan 29, 2026 | $0.1197 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 24, 2025 | $0.4918 |
| Oct 03, 2025 | Oct 03, 2025 | Oct 06, 2025 | $0.3556 |
| Jul 03, 2025 | Jul 03, 2025 | Jul 07, 2025 | $0.3693 |
| Apr 03, 2025 | Apr 03, 2025 | Apr 04, 2025 | $0.3683 |
| Dec 24, 2024 | Dec 24, 2024 | Dec 26, 2024 | $0.2953 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 3.72% / 4.26% | Sharpe 1Y / 3Y | 0.608 / 0.916 |
| Max drawdown 1Y / 3Y | -1.53% / -3.28% | Sortino 1Y | 0.861 |
| Beta vs S&P 500 (3Y) | 0.184 | Correlation vs S&P 500 (1Y) | 0.702 |
| Downside deviation 1Y | 2.63% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 6.57K | Average volume | 13.43K |
| AUM | $49.8M | Premium/Discount | 0.00% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $49.8M → $49.8M |
| 1 Week | $143.7K | +0.29% | $49.8M → $49.8M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for OVT
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.