OVLH
·CBOE
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Key Stats
Assets Under Management
103.67MUSD
Fund Flows (1Y)
71.44MUSD
Dividend Yield
0.30%
Discount/Premium to NAV
0.08%
Shares Outstanding
760.00K
Expense Ratio
0.85%
About Overlay Shares Hedged Large Cap Equity ETF
Issuer
Liquid Strategies, LLC
Brand
Overlay Shares
Home Page
Inception Date
Jan 14, 2021
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Liquid Strategies LLC
Distributor
Foreside Fund Services LLC
OVLH holds an ETF that provides long exposure to the US large-cap equity space and constructs a bull put spread on the S&P 500 Index. What sets it apart from its sister fund, OVL, is that it adds another layer of hedging by purchasing long-term out-of-the-money put options with a notional value approximating the Fund's NAV. Fund allocations are based on a quantitative methodology based on perceived risk of the broad US equity market. In making this determination, the Adviser considers various factors including overall market volatility, a qualitative assessment of potential risk/reward scenarios, and mitigating the effects of volatility in the fund's portfolio.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.10% | +2.06% | +15.95% | +16.05% | +59.50% | +57.66% |
NAV Total Return | +1.85% | +0.99% | +15.67% | +14.49% | +0.03% | +0.03% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
37.07%
Financial Services
12.51%
Consumer Cyclical
10.73%
Communication Services
10.50%
Healthcare
8.98%
Industrials
6.95%
Consumer Defensive
4.72%
Energy
2.82%
Utilities
2.36%
Technology
37.07%
Financial Services
12.51%
Consumer Cyclical
10.73%
Communication Services
10.50%
Healthcare
8.98%
Industrials
6.95%
Consumer Defensive
4.72%
Energy
2.82%
Utilities
2.36%
Show more
Asset
Region
99.61%
0.39%
Category
Ratio
North America
99.61%
Europe
0.39%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
VOO
Vanguard S&P 500 ETF
97.80%
SPX US 10/16/26 P6500
0.37%
SPX US 09/18/26 P6500
0.34%
SPX US 08/21/26 P6500
0.31%
SPX US 07/17/26 P6500
0.27%
SPX US 06/18/26 P6500
0.23%
SPX US 05/15/26 P6500
0.19%
SPX US 03/20/26 P6500
0.16%
SPX US 04/17/26 P6500
0.15%
First American Government Obligations Fund 12/01/2031
0.13%
Top 10 Weight 99.95%
11 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-23 | 2025-12-23 | 2025-12-24 | 0.119 |
| 2024-12-24 | 2024-12-24 | 2024-12-26 | 0.110 |
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
