OVS

Overlay Shares Small Cap Equity ETF

$34.75
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Overlay Shares Small Cap Equity ETF (OVS) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the small-capitalization segment of the U.S. equity market.

Overview

ETF tracking Overlay Shares Small Cap Equity ETF

Category Small Cap
Issuer Other
Inception Date 2024-11-25
Market Cap $16.3M
Average Volume N/A
Dividend Yield 3.96%
52-Week Range $26.57 - $39.12
VWAP $34.61

Performance

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Investment Summary

📎 Investment Objective

The Overlay Shares Small Cap Equity ETF (OVS) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the small-capitalization segment of the U.S. equity market.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of small-cap U.S. equity securities that the fund's adviser believes will provide investment results that, before fees and expenses, correspond generally to the performance of the small-cap segment of the U.S. equity market.

✨ Key Features

  • Focuses on small-cap U.S. equities, which can provide exposure to companies with potential for higher growth but also higher volatility
  • Passively managed to track the performance of the small-cap segment of the U.S. equity market
  • Low expense ratio of 0.00% to minimize costs for investors
  • Limited performance history as the fund is relatively new

⚠️ Primary Risks

  • Small-cap stocks may be more volatile and less liquid than large-cap stocks, leading to higher risk
  • Potential for higher volatility and drawdowns compared to broader market indexes
  • Tracking error risk as the fund may not perfectly replicate the performance of its target index
  • Limited performance history makes it difficult to evaluate long-term returns and risk

👤 Best For

The Overlay Shares Small Cap Equity ETF may be suitable for investors seeking exposure to the small-cap segment of the U.S. equity market as part of a diversified portfolio. Investors with a higher risk tolerance and a longer investment horizon may find this fund appropriate, though the limited performance history should be carefully considered.