{"schemaVersion":1,"ticker":"OVLH","asOf":"2026-10-30","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/ovlh/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-30","credit":"Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent","class":"mixed","license":"https://etfiq.com/license/","license_text":"Only the numbers in etfiq_fields are ETFIQ's, free to use with attribution: ETFIQ (etfiq.com). Every other number stays under its owner's terms: issuer_fields as the issuer published them, vendor_fields from an end-of-day data vendor.","fields_note":"Not yet classed field by field: only data ETFIQ computes is covered by its licence.","cite_as":"ETFIQ, Risk and return scorecard, OVLH against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/ovlh/"},"benchmark":{"ticker":"VOO","name":"Vanguard S&P 500 ETF (VOO)","tier":2,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate, latest distribution","returnOfCapital":38.0,"date":"2023-12-29","url":"https://lsfunds.com/hubfs/19a-1%20Notice%20-%20Overlay%20Shares%20ETF%20-%2012.26.23.pdf?hsLang=en"},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":0.0,"fiscalYearEnd":"2025-08-31","filed":"2025-11-04","url":"https://www.sec.gov/Archives/edgar/data/1683471/000113322825011702/ls-efp17844_ncsr.htm"}},"kind":"benchmark","a":"OVLH","b":"VOO","window":{"from":"2021-01-22","to":"2026-10-30","firstReturn":"2021-01-29","weeklyReturns":301,"years":5.77,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.03416131,"perWeek":0.0006569484,"days":1445,"series":"13-week Treasury bill, coupon equivalent, average of daily yields","source":"U.S. Department of the Treasury, Daily Treasury Bill Rates","url":"https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates"},"measures":{"total":{"a":0.69234986,"b":1.13913956,"edge":"VOO","lead":"VOO"},"annualised":{"a":0.09514943,"b":0.14038442,"edge":"VOO","lead":"VOO"},"price":{"a":0.6483991,"b":0.97445297,"edge":"VOO","lead":"VOO"},"volatility":{"a":0.10843942,"b":0.15650806,"edge":"OVLH","lead":"OVLH"},"downsideDeviation":{"a":0.07180907,"b":0.10363616,"edge":"OVLH","lead":"OVLH"},"maxDrawdown":{"a":-0.19620526,"b":-0.23914698,"edge":"OVLH","lead":"OVLH","aPeak":"2021-12-31","aTrough":"2022-10-14","bPeak":"2021-12-31","bTrough":"2022-09-30"},"excess":{"a":0.06265809,"b":0.10957023,"edge":"VOO","lead":"VOO"},"sharpe":{"a":0.57781656,"b":0.70009318,"edge":"VOO","lead":"VOO"},"sortino":{"a":0.87256511,"b":1.05725869,"edge":"VOO","lead":"VOO"},"calmar":{"a":0.48494842,"b":0.58702152,"edge":"VOO","lead":"VOO"}},"relative":{"OVLH":{"on":"VOO","beta":0.66689334,"r2":0.92642839,"alpha":-0.01041357,"alphaT":-0.84638852,"alphaLow":-0.03462604,"alphaHigh":0.01379891,"upsideCapture":0.61463969,"downsideCapture":0.79658491,"treynor":0.09395519,"trackingError":0.05985882,"informationRatio":-0.78371311,"upWeeks":169,"downWeeks":132,"treynorReference":0.10957023,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"VOO","lead":"VOO"},"downsideCapture":{"edge":"OVLH","lead":"OVLH"},"treynor":{"edge":"VOO","lead":"VOO"},"informationRatio":{"edge":null,"lead":"VOO","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"OVLH":{"kept":"2026-11-01","distributions":5,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":301,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.69234986}},"VOO":{"kept":"2026-11-01","distributions":23,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":11,"agree":11},"vendor":{"weeks":301,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":1.13913956}}}}