OVERLAY SHARES MUNICIPAL BOND ETF
Symbol: OVM
Exchange: BATS
Sector: Technology
Category: Muni National Long
Inception date: 30/09/2019
Latest date: 20/07/2026
Current price: $21.54
Expense ratio: 0.81%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
-0.73%
Ann. -14.56% (Sharpe / Sortino numerator)
Volatility
6.76%
Sharpe ratio
-2.690
VaR 95%
-0.80%
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
0.02%
Ann. 4.30% (Sharpe / Sortino numerator)
Volatility
5.53%
Sharpe ratio
0.120
VaR 95%
-0.47%
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
2.92%
Ann. 6.74% (Sharpe / Sortino numerator)
Volatility
4.80%
Sharpe ratio
0.647
VaR 95%
-0.37%
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
8.92%
Ann. 7.55% (Sharpe / Sortino numerator)
Volatility
5.69%
Sharpe ratio
0.688
VaR 95%
-0.42%
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
7.76%
Ann. 3.97% (Sharpe / Sortino numerator)
Volatility
5.35%
Sharpe ratio
0.064
VaR 95%
-0.47%
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
13.93%
Ann. 4.36% (Sharpe / Sortino numerator)
Volatility
5.48%
Sharpe ratio
0.133
VaR 95%
-0.53%
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.
Average daily return
0.035%
Best day
0.874%
Worst day
-1.082%
Days with data
250
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 20/07/2026 | $21.61 | $21.62 | $21.52 | $21.54 | 42,100 |
| 17/07/2026 | $21.81 | $21.81 | $21.60 | $21.61 | 11,600 |
| 16/07/2026 | $21.71 | $21.71 | $21.67 | $21.67 | 14,600 |
| 15/07/2026 | $21.68 | $21.76 | $21.68 | $21.71 | 7,600 |
| 14/07/2026 | $21.73 | $21.76 | $21.70 | $21.73 | 23,300 |
| 13/07/2026 | $21.75 | $21.75 | $21.68 | $21.69 | 30,800 |
| 10/07/2026 | $21.71 | $21.77 | $21.71 | $21.77 | 2,900 |
| 09/07/2026 | $21.84 | $21.84 | $21.74 | $21.75 | 3,300 |
| 08/07/2026 | $21.72 | $21.72 | $21.64 | $21.69 | 12,500 |
| 07/07/2026 | $21.78 | $21.81 | $21.76 | $21.78 | 5,800 |