OVF: Overlay Shares Foreign Equity ETF
Overlay Shares (Liquid Strategies) · Fund of Funds / Multi-Strategy · Tracks Intl Stocks
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year OVF paid 12.9% but returned +12.6% in total, so about 93% of the payout was earned; the rest came back out of the fund's own value (its price fell).
| Earned % (3 months) | below -100% |
| Earned % (1 year) | 93% |
| Earned % (full history, up to 5 yrs) | 117% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 64.3 / 100 · rank #96 of 420. How the score works
Risk
| Sortino ratio (1Y) | 0.58 |
| Sharpe ratio (1Y) | 0.41 |
| Steadiness vs S&P 500 | 69% |
| Beta to S&P 500 | 1.26 |
| Correlation to S&P 500 | 0.87 |
| Max drop (1Y) | -11.6% |
| Max drop (up to 5 yrs) | -28.6% |
| Trend | Downtrend |
| History | 5.0 yrs |
Vs. ACWX (what it's built on)
| Upside capture | 107% |
| Downside capture | 107% |
| Capture ratio | 0.99 |
| Beta | 1.07 |
| Correlation | 0.98 |
| Tracking | Closely |
On days ACWX rose, OVF caught 107% of the gain; on days it fell, OVF took 107% of the loss.
Payout history
Each bar is one payout (last 27 shown). Pays Monthly.
| Ex-date | Amount |
|---|---|
| 2026-10-28 | $0.2620 |
| 2026-09-29 | $0.2770 |
| 2026-08-27 | $0.2740 |
| 2026-07-29 | $0.2710 |
| 2026-06-26 | $0.2750 |
| 2026-05-27 | $0.2700 |
| 2026-04-28 | $0.2710 |
| 2026-03-27 | $0.2540 |
| 2026-02-25 | $0.2800 |
| 2026-01-28 | $0.2710 |
| 2025-12-23 | $1.0330 |
| 2025-10-03 | $0.1430 |
Funds that track the same thing
Other Intl Stocks income funds, ranked by DT Score. See them all · Compare OVF with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AOD abrdn Total Dynamic Dividend Fund | CEF - Equity | 12.1% | 12.5% | +20.3% | 140% | 75% | 66% | Loosely | 75 | 39 | Downtrend |
| ETW Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | CEF - Equity | 8.6% | 8.6% | +11.3% | 129% | 61% | 57% | Loosely | 74 | 47 | Downtrend |
| EXG Eaton Vance Tax-Managed Global Diversified Equity Income Fund | CEF - Equity | 8.4% | 8.4% | +12.4% | 138% | 72% | 70% | Loosely | 73 | 45 | Downtrend |
| NIHI NEOS MSCI EAFE High Income ETF | Index Covered Call / Option Income | 11.2% | 10.8% | +11.1% | 100% | 71% | 69% | Closely | 72 | 45 | Downtrend |
| VYMI Vanguard International High Dividend Yield ETF | Equity Income / Dividend Growth | 3.2% | 3.7% | +21.5% | 502% | 74% | 63% | Loosely | 70 | 57 | Mixed |
| SCHY Schwab International Dividend Equity ETF | Equity Income / Dividend Growth | 3.8% | 3.6% | +19.8% | 491% | 53% | 41% | Weakly | 70 | 75 | Uptrend |
| IDVO Amplify CWP International Enhanced Dividend Income ETF | Equity Income / Dividend Growth | 6.2% | 6.4% | +9.9% | 151% | 87% | 88% | Closely | 67 | 27 | Downtrend |
| LVHI Franklin International Low Volatility High Dividend Index ETF | Equity Income / Dividend Growth | 3.4% | 4.6% | +25.3% | 465% | 41% | 23% | Weakly | 66 | 86 | Uptrend |
| ICOW Pacer Developed Markets International Cash Cows 100 ETF | Equity Income / Dividend Growth | 8.7% | 4.0% | +18.8% | 401% | 68% | 59% | Loosely | 62 | 51 | Downtrend |
| BGY BlackRock Enhanced International Dividend Trust | CEF - Equity | 9.6% | 9.6% | +1.5% | 24% | 66% | 72% | Loosely | 45 | 34 | Downtrend |
About OVF
| Issuer | Overlay Shares (Liquid Strategies) |
| Structure | ETF |
| Category | Fund of Funds / Multi-Strategy |
| Strategy | ETF-of-ETFs developed ex-US equity with options overlay |
| Underlying | Foreign equity ETFs |
| Exposure | International |
| Index linkage | Partial - options/overlay on index |
| Pays | Monthly |
| Expense ratio | 0.83% |
| Launched | 2019-09 |
| Uses leverage | No |
| Upside capped | Yes |
| Rate sensitivity | Low |
| Return of capital common | Sometimes |
| Tax notes | Distributions mix ordinary income (option premium/ELN income), dividends and often ROC; Sec. 1256 treatment possible for index options |
Research notes: Verify yield/AUM.
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