(OVL) Overlay Shares Large Cap - Overview
Etf: ETF, Put Options, US Equities, Active Management
Dividends
| Dividend Yield | 3.27% |
| Yield on Cost 5y | 5.73% |
| Yield CAGR 5y | 1.96% |
| Payout Consistency | 96.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 19.9% |
| Relative Tail Risk | 2.84% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.61 |
| Alpha | -0.47 |
| Character TTM | |
|---|---|
| Beta | 1.070 |
| Beta Downside | 1.076 |
| Drawdowns 3y | |
|---|---|
| Max DD | 21.73% |
| CAGR/Max DD | 1.03 |
Description: OVL Overlay Shares Large Cap January 01, 2026
The Overlay Shares Large-Cap Equity ETF (OVL) is an actively managed ETF that builds its exposure to U.S. large-cap stocks by either holding other ETFs that track this universe or by directly owning the underlying equities. In parallel, the fund writes short-term listed put options and may also purchase puts to generate option-premium income, which is intended to boost overall yield.
As of the latest filing, OVL carries an expense ratio of roughly 0.55% and manages about $250 million in assets, with an annualized option-income yield around 4.5%-5.0%. The portfolio is weighted heavily toward technology (≈30%) and consumer discretionary (≈20%), sectors that are sensitive to the Federal Reserve’s interest-rate policy and corporate earnings trends. Recent macro data showing resilient consumer spending and a moderate pace of rate hikes have been supportive of large-cap equity performance, which underpins the fund’s core holdings.
For a deeper, data-driven analysis of OVL’s risk-adjusted returns, you might explore the ValueRay platform.
What is the price of OVL shares?
Over the past week, the price has changed by -0.04%, over one month by +0.02%, over three months by +4.86% and over the past year by +15.93%.
Is OVL a buy, sell or hold?
What are the forecasts/targets for the OVL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 64.7 | 20.4% |
OVL Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 183.8m USD (183.8m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 183.8m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 183.8m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.86% (E(183.8m)/V(183.8m) * Re(9.86%) + (debt-free company))
Discount Rate = 9.86% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)