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Morningstar

Overlay Shares Large Cap Equity ETF OVL

Morningstar Medalist Rating
Medalist Rating as of | See Liquid Strategies Investment Hub

Morningstar’s Analysis OVL

Will OVL outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable OVL’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the OVL management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of OVL’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Weakness in Overlay Shares Large Cap Equity ETF's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings OVL

More OVL Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 13
  • % Assets in Top 10 Holdings 99.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vanguard S&P 500 ETF

99.63
144,963,582
—

First American Government Obligs X

2.34
3,402,638
Cash and Equivalents

Cash Offset

0.24
350,094
—

CBOE S&P PUT OPT 06/23 4170

0.18
258,546
—

CBOE S&P PUT OPT 06/23 4090

0.07
96,741
—

CBOE S&P PUT OPT 06/23 4070

0.06
92,282
—

CBOE S&P PUT OPT 06/23 4070

0.06
87,426
—

US DOLLARS

< 0.01
14,240
Cash and Equivalents

CBOE S&P PUT OPT 06/23 4130

−0.10
−151,797
—

CBOE S&P PUT OPT 06/23 4130

−0.12
−178,501
—