evenfolioETF Details
Liquid Strategies·Muni National Long·OVM · Cboe BZX
Overlay Shares Municipal Bond ETF (OVM)
- Price
- $20.88
- —30 Oct 2026
- Assets
- $42.8M
- Total net assets
- Expense ratio
- 0.81%
- Category 0.75%
- Yield
- 7.00%
- Trailing distributions
- 1Y return
- 2.3%+2.6%
- Category -0.2%
- 3Y CAGR
- 6.9%+1.2%
- Category 5.7%
- 5Y CAGR
- 1.0%+1.6%
- Category -0.5%
Loading NAV history…
Overlay Shares Municipal Bond 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
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | +2.9% | -0.6% | -1.3% | +1.6% | +2.3% | +6.9% | +1.0% | — | +2.3% |
| Muni National Long average | 3.7% | -1.4% | -1.8% | -0.3% | -0.2% | 5.7% | -0.5% | 1.6% | 2.1% |
| Difference | -0.8% | +0.7% | +0.5% | +1.9% | +2.6% | +1.2% | +1.6% | — | +0.2% |
Holdings
The 1 largest positions make up 100.6% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| MUB | iShares National Muni Bond ETF | 100.62% |
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
- Bonds98.1%
- Cash2.5%
Credit quality
Share of the bonds by rating.
- AAA21.3%
- AA61.9%
- A15.9%
- BBB0.9%
ETF details
- Issuer
- Liquid Strategies
- Category
- Fixed Income · Muni National Long
- Ticker
- OVM
- Exchange
- Cboe BZX
- Inception
- 30 Sept 2019 (7.1 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.81% (category 0.75%)
- Holdings turnover
- 7% (category 32%)
- Distribution yield
- 7.00%
- Beta, 3 years
- 1.16
- Total net assets
- $42.8M
- Average duration
- 4.71 years
- Average maturity
- 9.81 years
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
Other muni national long ETFs
Other ETFs in the Muni National Long category.
- MMMA · NYLIM MacKay Muni Allocation ETFNew York Life Investment Management LLC · $28.5M · ER 0.35%
- TMNL · T. Rowe Price Long Municipal Income ETFT. Rowe Price · $21.2M · ER 0.26%
- MFLX · First Trust Flexible Municipal High Income ETFFirst Trust · $19.9M · ER 0.49%5Y -0.6%
- RTAI · Rareview Tax Advantaged Income ETFRareview Capital · $15.9M · ER 4.59%5Y -2.0%
- LTAX · Nomura Tax-Free USA ETFNomura · $5.2M · ER 0.39%
- PZA · Invesco National AMT-Free Municipal Bond ETFInvesco · $4B · ER 0.28%5Y -0.7%