Overlay Shares Large Cap Equity ETF (OVL)

Assets	$177.37M
Expense Ratio	0.79%
PE Ratio	n/a
Shares Out	3.37M
Dividend (ttm)	$2.53
Dividend Yield	4.86%
Ex-Dividend Date	Feb 25, 2026
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	34,483
Open	52.28
Previous Close	52.80
Day's Range	51.92 - 52.33
52-Week Low	37.58
52-Week High	54.61
Beta	1.14
Holdings	7
Inception Date	Sep 30, 2019

About OVL

Fund Home Page

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is issued by Liquid Strategies.

• Asset Class: Equity
• Category: Derivative Income
• Stock Exchange: BATS
• Ticker Symbol: OVL
• ETF Provider: Liquid Strategies

Top Holdings

Name	Symbol	Weight
Vanguard S&P 500 ETF	VOO	99.83%
OTHER ASSETS AND LIABILITIES	n/a	1.06%
Put On S&P 500 Mar26	n/a	0.11%
Cash Offset	n/a	0.07%
First American Government Obligations Fund	FGXXX	0.06%
Put On S&P 500 Mar26	n/a	-0.24%
US DOLLARS	n/a	-0.89%

Dividend History

Ex-Dividend	Amount	Pay Date
Feb 25, 2026	$0.46553	Feb 26, 2026
Jan 28, 2026	$0.47062	Jan 29, 2026
Dec 23, 2025	$0.41987	Dec 24, 2025
Oct 3, 2025	$0.40987	Oct 6, 2025
Jul 3, 2025	$0.38961	Jul 7, 2025
Apr 3, 2025	$0.37355	Apr 4, 2025

Performance

OVL had a total return of 18.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.90%.