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Upturn AI SWOT - About
Overlay Shares Large Cap Equity ETF (OVL)
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Upturn Advisory Summary
11/05/2025: 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 45.83% | Avg. Invested days 75 | 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 11/05/2025 |
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 long-term capital appreciation by investing in a diversified portfolio of large-cap U.S. equities, while employing a dynamic options overlay strategy to generate income and potentially reduce volatility.
Reputation and Reliability
The issuer, Overlay Shares, is a relatively newer entrant in the ETF market, but gaining traction for innovative options-based strategies.
Management Expertise
The management team possesses experience in both active equity management and options trading strategies.
Investment Objective
Goal
To achieve long-term capital appreciation with a focus on downside risk mitigation through options strategies.
Investment Approach and Strategy
Strategy: The ETF invests in a portfolio of large-cap U.S. equities and uses a dynamic options overlay strategy. The strategy typically involves writing covered calls on a portion of the portfolio to generate income.
Composition The ETF primarily holds large-cap U.S. equities. The options overlay portion of the strategy is actively managed.
Market Position
Market Share: Overlay Shares Large Cap Equity ETF's market share is relatively small compared to established large-cap ETFs.
Total Net Assets (AUM): 25000000
Competitors
Key Competitors
- SPDR S&P 500 ETF Trust (SPY)
- iShares Core S&P 500 ETF (IVV)
- Vanguard S&P 500 ETF (VOO)
Competitive Landscape
The large-cap equity ETF market is highly competitive, dominated by low-cost index trackers. OVM differentiates itself with its options overlay strategy, aiming to provide income and reduce volatility, potentially underperforming in strong bull markets.
Financial Performance
Historical Performance: Historical performance data should be reviewed from the fund's official documentation for accurate figures.
Benchmark Comparison: Performance should be compared against the S&P 500 index, considering the impact of the options overlay strategy.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The ETF's average trading volume should be assessed to ensure ease of entry and exit.
Bid-Ask Spread
The bid-ask spread needs to be monitored to assess the trading cost.
Market Dynamics
Market Environment Factors
Economic growth, interest rates, and market volatility can impact the ETF's performance. High volatility may increase the appeal of the options overlay strategy.
Growth Trajectory
Growth depends on investor demand for income-generating strategies and downside protection. Changes to the options strategy can impact performance.
Moat and Competitive Advantages
Competitive Edge
OVM's competitive advantage lies in its dynamic options overlay strategy, which seeks to generate income and reduce volatility. This strategy differentiates it from traditional market-cap weighted ETFs and may appeal to investors seeking a balance between capital appreciation and income. It provides a unique offering in a crowded large-cap equity ETF landscape. However, the added complexity may also deter some investors who prefer straightforward index tracking.
Risk Analysis
Volatility
The ETF's volatility may be lower than the S&P 500 due to the options overlay strategy, but this can also limit upside potential.
Market Risk
The ETF is subject to market risk as it invests in equities. Specific risks also exist from the options overlay, such as potential losses if the market moves significantly against the written options.
Investor Profile
Ideal Investor Profile
The ideal investor is a risk-aware individual seeking income and potential downside protection from their large-cap equity investments.
Market Risk
This ETF is suitable for long-term investors seeking a blend of capital appreciation and income, and who understand the risks associated with options strategies.
Summary
The Overlay Shares Large Cap Equity ETF offers exposure to large-cap U.S. equities while employing an options overlay strategy aimed at generating income and reducing volatility. It distinguishes itself from traditional ETFs through active management of the options component. Its performance depends on the effectiveness of the options strategy in various market conditions. Investors should carefully consider the risks and benefits of the options overlay before investing. It is ideal for risk-averse investors looking for income and downside protection in their large-cap equity allocation.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Overlay Shares website
- ETF.com
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
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.
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