Key stats
About Overlay Shares Core Bond ETF
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Inception date
Sep 30, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Liquid Strategies LLC
Distributor
Foreside Fund Services LLC
ISIN
US53656F8620
OVB holds other ETFs that provide broad exposure to U.S. investment-grade fixed income securities. The fund adviser also constructs a bullish strategy on the S&P 500 by selling short put options at a strike below the level of the index and buying an equal amount put options below the strike price of the short put options. The objective is to enhance the total return of the Bloomberg U.S. Aggregate Bond Index for investors. There is no guarantee the adviser will be successful. During volatile markets, the price of options could rise, which, in turn, could have a detrimental effect on the Funds performance and achieving its targeted return.
Related funds
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OVB trades at 20.76 USD today, its price has risen 0.55% in the past 24 hours. Track more dynamics on OVB price chart.
OVB net asset value is 20.69 today — it's risen 0.98% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
OVB assets under management is 36.75 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
OVB price has risen by 1.56% over the last month, and its yearly performance shows a −3.89% decrease. See more dynamics on OVB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.11% increase in three-month performance and has increased by 2.99% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 4.11% increase in three-month performance and has increased by 2.99% in a year.
OVB fund flows account for −9.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OVB invests in funds. See more details in our Analysis section.
OVB expense ratio is 0.79%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, OVB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, OVB technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OVB shows the buy signal. See more of OVB technicals for a more comprehensive analysis.
Today, OVB technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OVB shows the buy signal. See more of OVB technicals for a more comprehensive analysis.
Yes, OVB pays dividends to its holders with the dividend yield of 5.85%.
OVB trades at a premium (0.16%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
OVB shares are issued by Liquid Strategies LLC
OVB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 30, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.