Key stats
About Overlay Shares Short Term Bond ETF
Expense ratio
0.85%
Home page
Inception date
Jan 14, 2021
OVT holds ETFs that provide broad exposure to US short-term, 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 Adviser bases allocation decisions on a combination of quantitative risk metrics and a qualitative assessment of potential risk/reward scenarios. The overall goal is to maintain diversification of the portfolio while mitigating the effects of volatility. There is no guarantee the adviser will be successful.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.58%
Mutual fund1.62%
Cash−0.35%
Rights & Warrants−0.85%