(OVLH) Overlay Shares Hedged Large - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US53656F5816 • Equity Hedged
OVLH: Equities, Options, ETFs, Index Funds, Securities, Derivatives
The Overlay Shares Hedged Large Cap Equity ETF (NYSE ARCA: OVLH) is an actively managed exchange-traded fund designed to provide exposure to U.S. large-cap equities with a defensive overlay. The fund employs a three-pronged strategy: (1) it invests in other ETFs or directly in the securities of U.S. large-cap companies, (2) it sells and buys short-term put options to generate income, and (3) it purchases long-term out-of-the-money put options to hedge against significant market downturns. This approach aims to balance growth opportunities with downside protection, making it suitable for investors seeking equity exposure with reduced volatility.
OVLH trades on the NYSE ARCA with a moderate average daily volume of 22,527 shares. As of the latest data, the fund has an AUM of $37.62 million, indicating a focused investor base. Technically, the ETF is currently trading at $33.61, slightly below its 20-day SMA of $34.42 but above its 200-day SMA of $33.40. The 50-day SMA is $34.45, suggesting a near-term consolidation phase. The ATR of 0.23 reflects relatively low volatility, which aligns with its hedged strategy.
3-Month Forecast: Based on the technical and fundamental data, OVLH is expected to remain range-bound with potential for slight upside. The ETFs defensive positioning, combined with its income-generating options strategy, should support its performance in a stable or slightly bearish market environment. Investors can anticipate continued hedging benefits, with returns likely to align closely with the broader U.S. large-cap equity market, albeit with reduced volatility.Additional Sources for OVLH ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
OVLH ETF Overview
| Market Cap in USD | 55m |
| Category | Equity Hedged |
| TER | 0.93% |
| IPO / Inception | 2021-01-14 |
OVLH ETF Ratings
| Growth Rating | 54.8 |
| Fundamental | - |
| Dividend Rating | 19.0 |
| Rel. Strength | 1.88 |
| Analysts | - |
| Fair Price Momentum | 32.73 USD |
| Fair Price DCF | - |
OVLH Dividends
| Dividend Yield 12m | 0.33% |
| Yield on Cost 5y | 0.45% |
| Annual Growth 5y | -1.95% |
| Payout Consistency | 88.7% |
OVLH Growth Ratios
| Growth Correlation 3m | -73.2% |
| Growth Correlation 12m | 68.6% |
| Growth Correlation 5y | 65.4% |
| CAGR 5y | 8.26% |
| CAGR/Max DD 5y | 0.40 |
| Sharpe Ratio 12m | 1.50 |
| Alpha | 4.85 |
| Beta | 0.525 |
| Volatility | 15.70% |
| Current Volume | 7.6k |
| Average Volume 20d | 17.4k |
As of April 30, 2025, the stock is trading at USD 34.16 with a total of 7,598 shares traded.
Over the past week, the price has changed by +3.38%, over one month by +2.87%, over three months by -1.25% and over the past year by +12.13%.
Partly, yes. Based on ValueRay Analyses, Overlay Shares Hedged Large (NYSE ARCA:OVLH) is currently (April 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 54.83 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of OVLH as of April 2025 is 32.73. This means that OVLH is currently overvalued and has a potential downside of -4.19%.
Overlay Shares Hedged Large has no consensus analysts rating.
According to ValueRays Forecast Model, OVLH Overlay Shares Hedged Large will be worth about 36.1 in April 2026. The stock is currently trading at 34.16. This means that the stock has a potential upside of +5.68%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 36.1 | 5.7% |