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Upturn AI SWOT - About
Overlay Shares Large Cap Equity ETF (OVL)
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Upturn Advisory Summary
08/29/2025: OVL (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 37.68% | Avg. Invested days 66 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/29/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.16 | 52 Weeks Range 37.58 - 48.77 | Updated Date 06/30/2025 |
52 Weeks Range 37.58 - 48.77 | Updated Date 06/30/2025 |
Upturn AI SWOT
Overlay Shares Large Cap Equity ETF
ETF Overview
Overview
The Overlay Shares Large Cap Equity ETF seeks to provide investment results that, before fees and expenses, correspond to the performance of the Nasdaq 100 Index while implementing a covered call strategy on a portion of the portfolio.
Reputation and Reliability
Precise Efficiently Managed Portfolios LLC is the issuer. Further details on reputation and reliability would require extensive research.
Management Expertise
Details on the management team's experience would require extensive research.
Investment Objective
Goal
To provide investment results that correspond to the performance of the Nasdaq 100 Index while implementing a covered call strategy.
Investment Approach and Strategy
Strategy: The ETF aims to track the Nasdaq 100 Index while also employing a covered call strategy to generate income.
Composition The ETF holds stocks included in the Nasdaq 100 Index and sells call options on a portion of these holdings.
Market Position
Market Share: Data unavailable to determine exact market share.
Total Net Assets (AUM): Data unavailable.
Competitors
Key Competitors
- QQQ
- IVV
- SPY
Competitive Landscape
The large-cap equity ETF market is highly competitive, dominated by ETFs like QQQ, SPY, and IVV. OVR distinguishes itself by incorporating a covered call strategy. This potentially offers higher income but may limit upside gains compared to its competitors. Competitors have higher AUM and liquidity.
Financial Performance
Historical Performance: Historical performance data requires further data retrieval.
Benchmark Comparison: Comparison to benchmark requires performance data of OVR and Nasdaq 100.
Expense Ratio: 0.79
Liquidity
Average Trading Volume
The average trading volume requires data retrieval, but as a newer ETF, liquidity could be lower compared to SPY/QQQ.
Bid-Ask Spread
The bid-ask spread requires real-time data retrieval, but the spread is likely to be wider relative to other similar ETFs.
Market Dynamics
Market Environment Factors
Economic indicators, sector growth prospects, and market conditions all influence the ETF's performance, particularly tech sector performance and interest rate environment affecting options pricing.
Growth Trajectory
Growth trends depend on the popularity of covered call strategies and the ETF's ability to track the Nasdaq 100 effectively, which requires observation of the ETF over a longer timeframe.
Moat and Competitive Advantages
Competitive Edge
OVR's competitive edge lies in its combination of Nasdaq 100 exposure with a covered call strategy. This appeals to investors seeking income generation in addition to capital appreciation. The strategy can provide downside protection during market downturns, but could underperform in rapidly rising markets due to capped upside. This unique approach differentiates it from purely passive Nasdaq 100 trackers.
Risk Analysis
Volatility
Volatility depends on the underlying Nasdaq 100 stocks and the option strategy; the covered call strategy can reduce volatility relative to a pure equity holding but increases tracking error.
Market Risk
The ETF is exposed to market risk associated with large-cap equities, particularly the technology sector, and the risks associated with options trading, including potential for missed upside.
Investor Profile
Ideal Investor Profile
The ideal investor is seeking income from their equity investments and is comfortable with potentially limited upside gains in exchange for reduced volatility.
Market Risk
This ETF may be suitable for long-term investors seeking income or those looking for a slightly more conservative approach to investing in the Nasdaq 100. It is less suitable for active traders and pure growth investors.
Summary
The Overlay Shares Large Cap Equity ETF (OVR) offers exposure to the Nasdaq 100 with a covered call strategy, aiming to provide income and reduce volatility. It may underperform pure growth ETFs during bull markets. Its success hinges on effectively managing the covered call strategy and attracting income-seeking investors. This ETF is better for long term investors that want steady income but still want some Nasdaq 100 exposure.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETF Issuer Website
- Financial News Providers
- Index Provider Website
Disclaimers:
The data provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market share is an estimate and can vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Overlay Shares Large Cap Equity ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. large cap equity securities or directly in the securities held by such ETFs and (ii) selling and purchasing listed short-term put options to generate income to the fund.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.