Liquid StrategiesSmall BlendOVS · Cboe BZX

Overlay Shares Small Cap Equity ETF (OVS)

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Price: $38.95; —12 Nov 2026
Assets: $44.3M; Total net assets
Expense ratio: 0.83%; Category 0.96%
Yield: 10.04%; Trailing distributions

1Y return: 20.7%+3.8%; Category 17.0%
3Y CAGR: 19.0%+1.3%; Category 17.7%
5Y CAGR: 4.9%-0.7%; Category 5.6%

$38.95—12 Nov 2026

Fund

Assets: $44.3M
Expense: 0.83%
Categ. exp: 0.96%
Yield: 10.04%

ReturnFundCateg.

1Y20.7%17.0%

3Y19.0%17.7%

5Y4.9%5.6%

Launch11.3%—

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Overlay Shares Small 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	+1.3%	-6.4%	+3.2%	+19.1%	+20.7%	+19.0%	+4.9%	—	+11.3%
Small Blend average	1.3%	-5.5%	3.1%	15.4%	17.0%	17.7%	5.6%	10.0%	11.2%
Difference	-0.1%	-0.9%	0.0%	+3.7%	+3.8%	+1.3%	-0.7%	—	+0.2%

Holdings

The 1 largest positions make up 100.6% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
IJR	iShares Core S&P Small-Cap ETF	100.59%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 17.1
P/B: 1.9
P/S: 1.1
P/CF: 9.0

Sector allocation

Share of the equity the fund holds.

Financial services17.2%
Technology15.7%
Industrials15.6%
Consumer discretionary12.4%
Health care11.0%
Real estate7.3%
Energy6.2%
Materials4.8%
Consumer staples4.6%
Communication services3.5%
Utilities1.7%

Asset mix

Stocks99.7%
Cash0.3%

ETF details

Issuer: Liquid Strategies
Category: Equity · Small Blend
Ticker: OVS
Exchange: Cboe BZX
Inception: 30 Sept 2019 (7.1 years)
Structure: Exchange Traded Fund
Expense ratio: 0.83% (category 0.96%)
Holdings turnover: 6% (category 61%)
Distribution yield: 10.04%
Beta, 3 years: 1.22
Total net assets: $44.3M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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