Summary
OVL
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return 33.25% Volatility 20.27% Sharpe 0.81
Official loaded data — not a live quote.

OVERLAY SHARES LARGE CAP EQUITY ETF

Symbol: OVL

Exchange: BATS

Sector: Technology

Category: Derivative Income

Inception date: 30/09/2019

Latest date: 03/06/2026

Current price: $57.68

Expense ratio: 0.79%

Assets under management
$220.6M
-0.77% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
--

Performance metrics

Period total return

5.25%

Ann. -41.12% (Sharpe / Sortino numerator)

Volatility

20.01%

Sharpe ratio

-2.236

VaR 95%

-1.74%

CVaR 95%: -1.90%
Max drawdown: -7.79%
Sortino ratio: -4.538
Calmar ratio: -5.28

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

12.16%

Ann. -12.88% (Sharpe / Sortino numerator)

Volatility

17.43%

Sharpe ratio

-0.947

VaR 95%

-1.75%

CVaR 95%: -2.24%
Max drawdown: -9.53%
Sortino ratio: -1.441
Calmar ratio: -1.35

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

13.16%

Ann. -0.75% (Sharpe / Sortino numerator)

Volatility

16.45%

Sharpe ratio

-0.266

VaR 95%

-1.73%

CVaR 95%: -2.30%
Max drawdown: -9.53%
Sortino ratio: -0.374
Calmar ratio: -0.08

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

33.25%

Ann. 20.14% (Sharpe / Sortino numerator)

Volatility

20.27%

Sharpe ratio

0.815

VaR 95%

-1.75%

CVaR 95%: -2.99%
Max drawdown: -9.53%
Sortino ratio: 1.024
Calmar ratio: 2.11

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

46.65%

Ann. 14.50% (Sharpe / Sortino numerator)

Volatility

20.56%

Sharpe ratio

0.529

VaR 95%

-1.82%

CVaR 95%: -3.05%
Max drawdown: -21.73%
Sortino ratio: 0.618
Calmar ratio: 0.67

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

87.33%

Ann. 20.16% (Sharpe / Sortino numerator)

Volatility

18.54%

Sharpe ratio

0.891

VaR 95%

-1.72%

CVaR 95%: -2.67%
Max drawdown: -21.73%
Sortino ratio: 1.091
Calmar ratio: 0.93

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.118%

Best day

3.349%

31/03/2026
Worst day

-3.281%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $58.13 $58.13 $57.68 $57.68 149,500
02/06/2026 $58.12 $58.27 $57.97 $58.23 48,000
01/06/2026 $58.03 $58.26 $57.78 $58.12 48,800
29/05/2026 $57.94 $58.19 $57.80 $58.03 114,800
28/05/2026 $57.42 $57.80 $57.28 $57.79 71,100
27/05/2026 $57.72 $57.72 $57.23 $57.41 102,800
26/05/2026 $58.08 $58.08 $57.69 $57.94 97,200
22/05/2026 $57.57 $57.70 $57.41 $57.52 50,600
21/05/2026 $56.88 $57.35 $56.76 $57.25 77,300
20/05/2026 $56.64 $57.16 $56.55 $57.08 216,200