(OVL) Overlay Shares Large Cap - Ratings and Ratios
ETF, Options, Put, Income, US, Stocks
Dividends
| Dividend Yield | 2.97% |
| Yield on Cost 5y | 6.05% |
| Yield CAGR 5y | -0.68% |
| Payout Consistency | 95.9% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 14.1% |
| Value at Risk 5%th | 23.8% |
| Relative Tail Risk | 3.07% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.65 |
| Alpha | -0.93 |
| CAGR/Max DD | 1.15 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.220 |
| Beta | 1.066 |
| Beta Downside | 1.073 |
| Drawdowns 3y | |
|---|---|
| Max DD | 21.73% |
| Mean DD | 2.64% |
| Median DD | 1.19% |
Description: OVL Overlay Shares Large Cap October 29, 2025
The Overlay Shares Large-Cap Equity ETF (NYSE ARCA: OVL) is an actively managed fund that builds its portfolio by either holding other ETFs that track U.S. large-cap equities or by taking direct positions in the underlying securities of those ETFs. It then writes (sells) short-term listed put options against those holdings to generate additional income, while also buying puts when it deems downside risk warrants protection.
As of the most recent filing (Q3 2024), OVL reports an expense ratio of roughly 0.70% and assets under management of about $210 million, with an annual turnover near 30%. The fund’s net exposure tilts toward technology (≈30% of weight), consumer discretionary (≈20%), and financials (≈15%), sectors that are currently sensitive to Federal Reserve policy and corporate earnings growth. Its option-writing strategy historically adds an annualized yield of 4-5% in calm markets, but that premium can shrink sharply when implied volatility spikes above 20%.
For a deeper, data-driven look at how OVL’s option overlay performs across market regimes, you might explore the analytics platform ValueRay, which provides granular back-testing and risk metrics.
What is the price of OVL shares?
Over the past week, the price has changed by -0.32%, over one month by +1.65%, over three months by +4.52% and over the past year by +18.15%.
Is OVL a buy, sell or hold?
What are the forecasts/targets for the OVL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 65.3 | 21.8% |
OVL Fundamental Data Overview December 30, 2025
Beta = 1.19
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 186.1m USD (186.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 186.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 186.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.94% (E(186.1m)/V(186.1m) * Re(9.94%) + (debt-free company))
Discount Rate = 9.94% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for OVL ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle