OVERLAY SHARES MUNICIPAL BOND ETF
Symbol: OVM
Exchange: BATS
Sector: Technology
Category: Muni National Long
Inception date: 30/09/2019
Latest date: 15/10/2026
Current price: $20.74
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
0.36%
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
-3.19%
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
-2.03%
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
1.55%
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
2.80%
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
15.91%
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: 15/10/2025 - 15/10/2026.
Average daily return
0.007%
Best day
1.325%
Worst day
-1.211%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 15/10/2026 | $20.70 | $20.74 | $20.68 | $20.74 | 18,100 |
| 14/10/2026 | $20.54 | $20.64 | $20.46 | $20.64 | 11,400 |
| 13/10/2026 | $20.54 | $20.64 | $20.54 | $20.64 | 9,300 |
| 12/10/2026 | $20.45 | $20.52 | $20.45 | $20.51 | 3,800 |
| 09/10/2026 | $20.32 | $20.50 | $20.32 | $20.50 | 3,500 |
| 08/10/2026 | $20.35 | $20.39 | $20.35 | $20.39 | 1,700 |
| 07/10/2026 | $20.36 | $20.40 | $20.34 | $20.37 | 4,500 |
| 06/10/2026 | $20.86 | $20.86 | $20.41 | $20.47 | 7,700 |
| 05/10/2026 | $20.37 | $20.48 | $20.36 | $20.48 | 3,000 |
| 02/10/2026 | $20.56 | $20.64 | $20.38 | $20.39 | 12,900 |