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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.

Weakness in Overlay Shares Large Cap Equity ETF's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings OVL

More OVL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 97.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vanguard S&P 500 ETF

98.96 155.9 Mil
—

First American Government Obligs X

1.73 2.7 Mil
Cash and Equivalents

DEPOSITS WITH BROKER FOR SHORT POSITIONS

0.92 1.4 Mil
Cash and Equivalents

Cash Offset

0.76 1.2 Mil
—

Put On S&P 500 May24

0.38 591,036
—

Put On S&P 500 May24

0.31 489,727
—

Put On S&P 500 May24

0.29 450,367
—

Put On S&P 500 May24

0.27 429,850
—

Put On S&P 500 May24

0.23 364,214
—

Put On S&P 500 May24

−0.17 −270,030
—