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Upturn AI SWOT - About
Overlay Shares Municipal Bond ETF (OVM)
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Upturn Advisory Summary
10/24/2025: OVM (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 7.42% | Avg. Invested days 53 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.22 | 52 Weeks Range 19.77 - 23.96 | Updated Date 06/30/2025 |
52 Weeks Range 19.77 - 23.96 | Updated Date 06/30/2025 |
Upturn AI SWOT
Overlay Shares Municipal Bond ETF
ETF Overview
Overview
The Overlay Shares Municipal Bond ETF seeks to provide current income exempt from federal income tax by investing primarily in municipal bonds. It uses an active management approach.
Reputation and Reliability
Overlay Shares is a relatively new player in the ETF market, and its reputation is still developing. Reliability depends on their consistent adherence to the stated investment strategy.
Management Expertise
Information regarding the specific management team's expertise is generally available on the issuer's website and regulatory filings.
Investment Objective
Goal
Seeks to provide current income exempt from federal income tax.
Investment Approach and Strategy
Strategy: Actively managed, investing primarily in municipal bonds.
Composition Primarily municipal bonds, potentially with some cash or other holdings.
Market Position
Market Share: Due to its niche focus and relatively recent inception, the ETF's market share is likely modest compared to larger, more established municipal bond ETFs.
Total Net Assets (AUM): Data regarding the specific AUM needs to be retrieved from up-to-date financial data sources.
Competitors
Key Competitors
- MUB
- VTEB
- ITM
- HYMB
- SUB
Competitive Landscape
The municipal bond ETF market is competitive, with several large players. OMS, being smaller, may need to differentiate itself through strategy or lower fees. Its smaller size could limit liquidity compared to larger competitors, but active management may provide an edge in certain market conditions.
Financial Performance
Historical Performance: Historical performance data needs to be sourced from financial data providers. This should include return data over various periods (e.g., 1-month, 1-year, 3-year, 5-year, 10-year since inception).
Benchmark Comparison: The ETF's performance should be compared to a relevant municipal bond index (e.g., S&P Municipal Bond Index) to assess its performance relative to the broader market.
Expense Ratio: Data regarding the specific expense ratio needs to be retrieved from up-to-date financial data sources.
Liquidity
Average Trading Volume
The ETF's liquidity is likely moderate, depending on investor interest and market conditions, requiring monitoring of trading volume for potentially large positions.
Bid-Ask Spread
The bid-ask spread should be monitored to evaluate the cost of trading, which could be higher for smaller ETFs.
Market Dynamics
Market Environment Factors
Economic indicators (interest rates, inflation), tax policy changes, and creditworthiness of municipal issuers all affect the ETF's performance.
Growth Trajectory
Growth will depend on investor demand for municipal bond exposure and the fund's ability to deliver competitive risk-adjusted returns.
Moat and Competitive Advantages
Competitive Edge
The Overlay Shares Municipal Bond ETF seeks to provide tax-exempt income through active management of municipal bonds. Its active strategy differentiates it from passive index-tracking funds. The management team's expertise in municipal bond selection is critical to its success. A focus on specific segments or maturity ranges within the municipal bond market could provide a further advantage.
Risk Analysis
Volatility
Historical volatility data should be assessed based on standard deviation of returns to understand the ETF's price fluctuations.
Market Risk
The ETF is subject to interest rate risk (changes in rates affect bond prices), credit risk (issuers may default), and liquidity risk (difficulty in selling bonds).
Investor Profile
Ideal Investor Profile
The ETF is ideal for investors seeking tax-exempt income, particularly those in higher tax brackets. It is suitable for investors comfortable with active management and its associated potential for outperformance (and underperformance).
Market Risk
The ETF is suitable for long-term investors seeking tax-efficient income, but it may also appeal to active traders who believe the fund's management can add value.
Summary
The Overlay Shares Municipal Bond ETF offers tax-exempt income through active management of municipal bonds. Its performance depends on the fund manager's ability to select bonds and navigate interest rate and credit risks effectively. Being actively managed differentiates it from passively managed ETFs. Investors should consider the expense ratio, liquidity, and risk factors before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETF.com
- Issuer's Website
- Morningstar
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results. Market data might be delayed. Please refer to the official fund prospectus for complete information.
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 Municipal Bond 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 investment grade municipal bonds and below investment grade municipal bonds 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.