Overlay Shares Hedged Etf Profile
| OVLH Etf | USD 34.90 0.19 0.55% |
Performance15 of 100
| Odds Of DistressLess than 9
|
Overlay Shares is trading at 34.90 as of the 30th of November 2024. This is a 0.55 percent increase since the beginning of the trading day. The etf's open price was 34.71. Overlay Shares has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Overlay Shares Hedged are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively-managed ETF 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, selling and purchasing listed short-term put options to generate income to the fund, and purchasing long-term out-of-the-money put options to seek to hedge against significant declines in U.S. More on Overlay Shares Hedged
Moving together with Overlay Etf
Overlay Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Blend, Overlay Shares (View all Sectors) |
| Issuer | Liquid Strategies |
| Inception Date | 2021-01-14 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Liquid Strategies, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Bradley Ball, Adam Stewart, Shawn Gibson, Justin Boller |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 7.0 |
| Market Maker | GTS |
| Total Expense | 0.93 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 20.08 |
| Name | Overlay Shares Hedged Large Cap Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00YVJWL70 |
| In Threey Volatility | 12.82 |
| 1y Volatility | 9.25 |
| 200 Day M A | 32.223 |
| 50 Day M A | 34.0936 |
| Code | OVLH |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.18 |
| Type | ETF |
Overlay Shares Hedged [OVLH] is traded in USA and was established 2021-01-14. The fund is listed under Large Blend category and is part of Overlay Shares family. The entity is thematically classified as Size And Style ETFs. Overlay Shares Hedged now have 24.77 M in assets. , while the total return for the last 3 years was 6.6%.
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 Hedged 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.
Top Overlay Shares Hedged Etf Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund | |
| VOO | Vanguard SP 500 | Etf | Large Blend |
Overlay Shares Hedged Risk Profiles
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.
| Risk Adjusted Performance | 0.1284 | |||
| Jensen Alpha | 0.0086 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.1) |
Overlay Shares Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overlay Shares Hedged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Overlay Shares Hedged 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.