OVERLAY SHARES MUNICIPAL BOND ETF
Symbol: OVM
Exchange: BATS
Sector: Technology
Category: Muni National Long
Inception date: 30/09/2019
Latest date: 03/06/2026
Current price: $21.83
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
1.10%
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
1.59%
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
4.16%
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
11.81%
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
9.80%
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
15.20%
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: 03/06/2025 - 03/06/2026.
Average daily return
0.045%
Best day
0.874%
Worst day
-1.082%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 03/06/2026 | $21.87 | $21.90 | $21.83 | $21.83 | 6,500 |
| 02/06/2026 | $21.87 | $21.90 | $21.83 | $21.87 | 27,900 |
| 01/06/2026 | $21.78 | $21.84 | $21.73 | $21.81 | 19,600 |
| 29/05/2026 | $21.91 | $21.91 | $21.78 | $21.78 | 6,300 |
| 28/05/2026 | $21.73 | $21.79 | $21.73 | $21.77 | 13,200 |
| 27/05/2026 | $21.75 | $21.75 | $21.67 | $21.74 | 22,500 |
| 26/05/2026 | $21.93 | $21.93 | $21.72 | $21.77 | 10,500 |
| 22/05/2026 | $21.65 | $21.67 | $21.60 | $21.64 | 3,700 |
| 21/05/2026 | $21.59 | $21.61 | $21.53 | $21.60 | 5,600 |
| 20/05/2026 | $21.61 | $21.61 | $21.51 | $21.59 | 27,000 |