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Cboe US - Delayed Quote USD

Overlay Shares Municipal Bond ETF (OVM)

20.68
+0.43
+(2.11%)
At close: April 9 at 3:57:16 PM EDT
20.68
0.00
(0.00%)
After hours: April 9 at 4:05:09 PM EDT

ETF Summary

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of investment grade municipal bonds and below investment grade municipal bonds or directly in the securities held by such ETFs and (ii) selling and purchasing listed short-term put options to generate income to the fund.

Risk Overview

Performance & Risk

YTD Return -5.63%
5y Average Return 1.19%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.24
Morningstar Risk Rating --

Risk Statistics

3 Years 5 Years 10 Years
OVMCategory AverageOVMCategory AverageOVMCategory Average
Alpha 0.26 0.14 1.21 0.36 0 -0.13
BETA 1.24 1.18 1.22 1.17 0 1.16
Mean Annual Return 0.12 0.12 0.18 0.11 0 0.18
R-squared 93.98 96.67 92.37 95.71 0 93.95
Standard Deviation 9.34 8.78 8.04 7.61 0 6.18
Sharpe Ratio -0.34 -0.36 -0.08 -0.19 0 0.03
Treynor Ratio -2.94 -3.08 -0.77 -1.48 0 0

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