Summary
OVL
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 22.28% 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: 20/07/2026

Current price: $56.07

Expense ratio: 0.79%

Assets under management
$308.4M
-0.80% daily change

Period performance

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

Adjusted return
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Performance metrics

Period total return

-0.51%

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

4.79%

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

12.19%

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

22.28%

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

38.69%

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

76.88%

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: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.085%

Best day

3.349%

31/03/2026
Worst day

-3.281%

10/10/2025
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $56.52 $56.64 $56.02 $56.07 156,000
17/07/2026 $56.16 $57.32 $56.01 $56.22 167,400
16/07/2026 $57.18 $57.29 $56.70 $56.97 119,100
15/07/2026 $57.15 $57.37 $56.90 $57.29 131,000
14/07/2026 $57.01 $57.13 $56.78 $57.07 80,300
13/07/2026 $57.13 $57.24 $56.68 $56.80 189,600
10/07/2026 $57.08 $57.66 $56.74 $57.33 105,200
09/07/2026 $56.69 $57.05 $56.50 $57.04 72,100
08/07/2026 $56.32 $56.53 $55.95 $56.48 101,100
07/07/2026 $56.93 $57.17 $56.44 $56.68 98,600