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Morningstar

Overlay Shares Small Cap Equity ETF OVS

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

Morningstar’s Analysis OVS

Will OVS 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 OVS’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the OVS 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 OVS’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 Small Cap Equity ETF's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings OVS

More OVS 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

iShares Core S&P Small-Cap ETF

99.65
7,119,771
—

First American Government Obligs X

0.86
61,756
Cash and Equivalents

Cash Offset

0.25
17,698
—

CBOE S&P PUT OPT 06/23 4170

0.21
14,988
—

CBOE S&P PUT OPT 06/23 4090

0.06
4,206
—

CBOE S&P PUT OPT 06/23 4070

0.06
4,071
—

CBOE S&P PUT OPT 06/23 4070

0.05
3,801
—

US DOLLARS

< 0.01
260
Cash and Equivalents

CBOE S&P PUT OPT 06/23 4130

−0.09
−6,600
—

CBOE S&P PUT OPT 06/23 4130

−0.11
−7,875
—