OVLH Performance — Overlay Shares Hedged Large Cap Equity ETF
Data updated: 2026-07-30
OVLH returned +7.62% year to date and +19.66% over one year to May 2026. Annualised returns are +17.74% over 3 years and +9.93% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $163, against $165 for the category, and to $120 over one year, against $122. Volatility over the past three years was 10.29% a year. In the 12 months to May 2026 the fund took in a net $33.2M, and assets reached $115.94M.
OVLH Growth of $100
What $100 invested in Overlay Shares Hedged Large Cap Equity ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | OVLH | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $120 | $122 |
| 3 years (Jun 2023 – May 2026) | $163 | $165 |
| 5 years (Jun 2021 – May 2026) | $161 | $164 |
| Since data start (Jan 2021 – May 2026) | $174 | $182 |
OVLH Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.62% |
| 1 year | +19.66% |
| 3 years (annualised) | +17.74% |
| 5 years (annualised) | +9.93% |
OVLH Annual Returns
Calendar-year total returns of Overlay Shares Hedged Large Cap Equity ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +7.62% |
| 2025 | +15.55% |
| 2024 | +18.42% |
| 2023 | +17.13% |
| 2022 | −16.18% |
| 2021 | +20.20% |
OVLH Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.1% | −0.9% | −3.9% | +7.4% | +4.0% | — | — | — | — | — | — | — |
| 2025 | +1.5% | −1.0% | −3.0% | +2.8% | +3.8% | +3.8% | +1.6% | +1.3% | +2.8% | +2.0% | −0.3% | −0.5% |
| 2024 | +1.1% | +4.1% | +2.7% | −3.1% | +3.0% | +2.9% | +1.4% | +1.7% | +2.1% | −0.6% | +3.7% | −1.8% |
| 2023 | +4.0% | −2.8% | +3.2% | +1.4% | 0.0% | +5.6% | +2.7% | −1.9% | −4.2% | −2.9% | +7.9% | +3.9% |
| 2022 | −5.4% | −2.2% | +2.1% | −7.2% | +0.2% | −4.7% | +5.0% | −3.0% | −5.3% | +4.9% | +3.9% | −4.8% |
| 2021 | −1.3% | +1.7% | +2.8% | +4.6% | +0.3% | +2.0% | +2.3% | +2.6% | −4.6% | +5.7% | +0.1% | +2.7% |
OVLH Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 10.29%
- 3-year Sharpe ratio: 1.29 (vs 4.5% risk-free rate)
- Best month: +7.91% (Nov 2023)
- Worst month: −4.25% (Sep 2023)
OVLH Fund Flows
Monthly money in and out of Overlay Shares Hedged Large Cap Equity ETF, from SEC Form N-PORT.
- 12-month net flow: $33.2M
- 12-month gross sales (incl. reinvestments): $55.9M
- Sales ÷ redemptions: 2.46×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $9.9M | $0 | $9.9M |
| Apr 2026 | $1.1M | $4.7M | −$3.6M |
| Mar 2026 | $1.5M | $2.7M | −$1.2M |
| Feb 2026 | $2.8M | $3.2M | −$412K |
| Jan 2026 | $3.6M | $3.2M | $389K |
| Dec 2025 | $1.6M | $2.4M | −$783K |
| Nov 2025 | $13.7M | $2.7M | $11.0M |
| Oct 2025 | $13.3M | $1.2M | $12.1M |
| Sep 2025 | $1.2M | $0 | $1.2M |
| Aug 2025 | $2.3M | $0 | $2.3M |
| Jul 2025 | $0 | $2.6M | −$2.6M |
| Jun 2025 | $5.0M | $0 | $5.0M |
OVLH Assets Under Management
Net assets of Overlay Shares Hedged Large Cap Equity ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $115.94M |
| 2026-02-28 | $103.17M |
| 2025-11-30 | $104.68M |
| 2025-08-31 | $76.55M |
| 2025-05-31 | $67.03M |
| 2025-02-28 | $38.04M |
| 2024-11-30 | $25.11M |
| 2024-08-31 | $22.86M |
| 2024-05-31 | $22.16M |
| 2024-02-29 | $24.06M |
| 2023-11-30 | $93.33M |
| 2023-08-31 | $96.54M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.