Summary
OVLH
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 11.55% Volatility 10.39% Sharpe 1.02
Official loaded data — not a live quote.

OVERLAY SHARES HEDGED LARGE CAP EQUITY ETF

Symbol: OVLH

Exchange: BATS

Sector: Technology

Category: Equity Hedged

Inception date: 14/01/2021

Latest date: 20/07/2026

Current price: $41.46

Expense ratio: 0.80%

Assets under management
$115.7M
-0.38% 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

-0.64%

Ann. -32.62% (Sharpe / Sortino numerator)

Volatility

9.39%

Sharpe ratio

-3.858

VaR 95%

-0.90%

CVaR 95%: -0.93%
Max drawdown: -5.00%
Sortino ratio: -6.901
Calmar ratio: -6.52

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

2.83%

Ann. -13.70% (Sharpe / Sortino numerator)

Volatility

9.04%

Sharpe ratio

-1.917

VaR 95%

-0.90%

CVaR 95%: -1.14%
Max drawdown: -6.36%
Sortino ratio: -2.920
Calmar ratio: -2.16

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

5.89%

Ann. -5.18% (Sharpe / Sortino numerator)

Volatility

8.81%

Sharpe ratio

-1.000

VaR 95%

-0.94%

CVaR 95%: -1.21%
Max drawdown: -6.36%
Sortino ratio: -1.427
Calmar ratio: -0.81

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

11.55%

Ann. 14.24% (Sharpe / Sortino numerator)

Volatility

10.39%

Sharpe ratio

1.022

VaR 95%

-0.96%

CVaR 95%: -1.30%
Max drawdown: -6.36%
Sortino ratio: 1.634
Calmar ratio: 2.24

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

27.46%

Ann. 11.07% (Sharpe / Sortino numerator)

Volatility

9.60%

Sharpe ratio

0.775

VaR 95%

-0.95%

CVaR 95%: -1.24%
Max drawdown: -8.81%
Sortino ratio: 1.204
Calmar ratio: 1.26

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

48.95%

Ann. 14.30% (Sharpe / Sortino numerator)

Volatility

9.65%

Sharpe ratio

1.106

VaR 95%

-0.94%

CVaR 95%: -1.20%
Max drawdown: -9.57%
Sortino ratio: 1.810
Calmar ratio: 1.49

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

0.045%

Best day

1.728%

08/04/2026
Worst day

-1.884%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $41.62 $41.69 $41.46 $41.46 6,600
17/07/2026 $41.48 $41.66 $41.48 $41.58 2,700
16/07/2026 $42.02 $42.06 $41.85 $41.87 6,100
15/07/2026 $42.07 $42.09 $41.92 $42.09 3,100
14/07/2026 $41.83 $41.98 $41.83 $41.96 5,200
13/07/2026 $41.99 $41.99 $41.82 $41.83 1,200
10/07/2026 $42.00 $42.13 $42.00 $42.11 3,500
09/07/2026 $41.88 $41.93 $41.88 $41.93 2,200
08/07/2026 $41.59 $41.68 $41.42 $41.68 6,900
07/07/2026 $41.73 $41.81 $41.65 $41.76 8,000