{"schemaVersion":1,"ticker":"OVM","asOf":"2026-10-30","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/ovm/","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, OVM against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/ovm/"},"benchmark":{"ticker":"MUB","name":"US municipal bonds (MUB)","tier":2,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate, latest distribution","returnOfCapital":80.0,"date":"2026-10-29","url":"https://lsfunds.com/hubfs/LS_ETF_Documents/19a_1/2026_10_29.pdf?hsLang=en"},"estimateWindow":{"label":"issuer's Rule 19a-1 estimates, weighted by amount","returnOfCapital":93.6,"from":"2025-12-24","to":"2026-10-29","notices":10,"distributions":11,"full":false},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":54.96,"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":"OVM","b":"MUB","window":{"from":"2019-10-11","to":"2026-10-30","firstReturn":"2019-10-18","weeklyReturns":368,"years":7.05,"short":false,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.02900499,"perWeek":0.0005577883,"days":1763,"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":0.17031424,"b":0.09250819,"edge":"OVM","lead":"OVM"},"annualised":{"a":0.02247203,"b":0.01258054,"edge":"OVM","lead":"OVM"},"price":{"a":-0.16729811,"b":-0.08662108,"edge":"MUB","lead":"MUB"},"volatility":{"a":0.07916416,"b":0.07065056,"edge":"MUB","lead":"MUB"},"downsideDeviation":{"a":0.05548739,"b":0.04924908,"edge":"MUB","lead":"MUB"},"maxDrawdown":{"a":-0.15569781,"b":-0.12414384,"edge":"MUB","lead":"MUB","aPeak":"2021-12-23","aTrough":"2022-09-30","bPeak":"2020-03-06","bTrough":"2020-03-20"},"excess":{"a":-0.00367456,"b":-0.0140352,"edge":"OVM","lead":"OVM"},"sharpe":{"a":-0.04641692,"b":-0.1986566,"edge":"OVM","lead":"OVM"},"sortino":{"a":-0.06622327,"b":-0.28498401,"edge":"OVM","lead":"OVM"},"calmar":{"a":0.14433109,"b":0.10133843,"edge":"OVM","lead":"OVM"}},"relative":{"OVM":{"on":"MUB","beta":1.04395118,"r2":0.86802932,"alpha":0.01097751,"alphaT":1.0136802,"alphaLow":-0.01031807,"alphaHigh":0.03227308,"upsideCapture":1.23860691,"downsideCapture":1.1206622,"treynor":-0.00351985,"trackingError":0.02892573,"informationRatio":0.35818094,"upWeeks":210,"downWeeks":154,"treynorReference":-0.0140352,"edges":{"beta":{"edge":"Higher beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"OVM","lead":"OVM"},"downsideCapture":{"edge":"MUB","lead":"MUB"},"treynor":{"edge":"OVM","lead":"OVM"},"informationRatio":{"edge":null,"lead":"OVM","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"OVM":{"kept":"2026-11-01","distributions":35,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":368,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.17031424}},"MUB":{"kept":"2026-11-01","distributions":84,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"vendor":{"weeks":368,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.09250819}}}}