Liquid StrategiesEquity HedgedOVLH · Cboe BZX

Overlay Shares Hedged Large Cap Equity ETF (OVLH)

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Price: $42.19; —11 Sept 2026
Assets: $108.8M; Total net assets
Expense ratio: 0.80%; Category 1.18%
Yield: 0.28%; Trailing distributions

1Y return: 10.0%-2.1%; Category 12.1%
3Y CAGR: 15.5%+0.9%; Category 14.6%
5Y CAGR: 8.6%+0.8%; Category 7.8%

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Overlay Shares Hedged Large Cap Equity ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-1.5%	+1.3%	+9.6%	+7.1%	+10.0%	+15.5%	+8.6%	—	+10.3%
Equity Hedged average	-1.0%	0.8%	10.4%	9.1%	12.1%	14.6%	7.8%	8.9%	11.2%
Difference	-0.4%	+0.5%	-0.7%	-1.9%	-2.1%	+0.9%	+0.8%	—	-0.9%

Holdings

The 1 largest positions make up 97.8% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
VOO	Vanguard S&P 500 ETF	97.79%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 24.6
P/B: 5.2
P/S: 3.6
P/CF: 19.0

Sector allocation

Share of the equity the fund holds.

Technology37.4%
Financial services12.2%
Communication services9.9%
Consumer discretionary9.6%
Health care9.1%
Industrials8.2%
Consumer staples4.6%
Energy3.4%
Utilities2.2%
Real estate1.9%
Materials1.6%

Asset mix

Stocks102.8%
Other0.0%

ETF details

Issuer: Liquid Strategies
Category: Equity · Equity Hedged
Ticker: OVLH
Exchange: Cboe BZX
Inception: 14 Jan 2021 (5.7 years)
Structure: Exchange Traded Fund
Expense ratio: 0.80% (category 1.18%)
Holdings turnover: 23% (category 104%)
Distribution yield: 0.28%
Beta, 3 years: 0.74
Total net assets: $108.8M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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