OVL

Overlay Shares Large Cap Equity ETF

$52.28
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Overlay Shares Large Cap Equity ETF (OVL) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the large-cap segment of the U.S. equity market.

Overview

ETF tracking Overlay Shares Large Cap Equity ETF

Category Large Cap
Issuer Other
Inception Date 2024-11-25
Market Cap $177.8M
Average Volume N/A
Dividend Yield 2.99%
52-Week Range $38.17 - $53.87
VWAP $52.32

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Overlay Shares Large Cap Equity ETF (OVL) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the large-cap segment of the U.S. equity market.

🎯 Investment Strategy

The ETF seeks to achieve its investment objective by investing primarily in a portfolio of large-capitalization U.S. equity securities. The fund's portfolio is designed to track the performance of the large-cap segment of the U.S. equity market.

✨ Key Features

  • Provides exposure to large-cap U.S. equities
  • Passively managed to track the performance of the large-cap segment
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad market exposure

⚠️ Primary Risks

  • Market risk: The value of the fund's investments may decline due to general market conditions or other factors
  • Equity risk: The fund is subject to the risks associated with investing in equity securities, including price volatility
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Concentration risk: The fund's performance may be more volatile due to its focus on the large-cap segment

👤 Best For

The Overlay Shares Large Cap Equity ETF may be suitable for investors seeking broad exposure to the large-cap segment of the U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a long-term investment horizon and a moderate risk tolerance.