OVF

Overlay Shares Foreign Equity ETF

$29.31
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Overlay Shares Foreign Equity ETF (OVF) seeks to provide exposure to a diversified portfolio of international stocks, with the goal of generating long-term capital appreciation.

Overview

ETF tracking Overlay Shares Foreign Equity ETF

Issuer Other
Inception Date 2024-11-25
Market Cap $26.1M
Average Volume N/A
Dividend Yield 4.60%
52-Week Range $21.70 - $29.76
VWAP $29.36

Performance

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Investment Summary

📎 Investment Objective

The Overlay Shares Foreign Equity ETF (OVF) seeks to provide exposure to a diversified portfolio of international stocks, with the goal of generating long-term capital appreciation.

🎯 Investment Strategy

The ETF invests primarily in a broad range of foreign equities, including both developed and emerging market securities. The fund's portfolio is designed to track the performance of a benchmark index that represents the global ex-US equity market.

✨ Key Features

  • Broad international equity exposure across developed and emerging markets
  • Passively managed to track a benchmark index for the global ex-US equity market
  • Low expense ratio of 0.00%
  • Suitable for investors seeking diversified international equity exposure as part of a balanced portfolio

⚠️ Primary Risks

  • Exposure to foreign markets, which may involve additional risks such as currency fluctuations, political instability, and differences in accounting standards
  • Potential for higher volatility compared to a domestic equity fund due to the international nature of the investments
  • Tracking error risk, as the fund may not perfectly replicate the performance of its benchmark index
  • Liquidity risk, as some international securities may have lower trading volumes

👤 Best For

The Overlay Shares Foreign Equity ETF may be suitable for long-term investors seeking broad international equity exposure as part of a diversified portfolio. It may be particularly appropriate for investors with a moderate to high risk tolerance who are looking to gain exposure to global markets outside of the United States.