Overlay Shares Large Cap Equity ETF (OVL)

Assets	$184.22M
Expense Ratio	0.79%
PE Ratio	n/a
Shares Out	3.38M
Dividend (ttm)	$1.59
Dividend Yield	2.95%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	2,267
Open	54.07
Previous Close	54.05
Day's Range	54.07 - 54.47
52-Week Low	37.58
52-Week High	54.59
Beta	1.14
Holdings	12
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: Large Blend
• Stock Exchange: BATS
• Ticker Symbol: OVL
• ETF Provider: Liquid Strategies

Top 10 Holdings

100.25% of assets

Name	Symbol	Weight
Vanguard S&P 500 ETF	VOO	99.85%
Cash Offset	n/a	0.30%
First American Government Obligations Fund	FGXXX	0.14%
OTHER ASSETS AND LIABILITIES	n/a	0.07%
Put On S&P 500 Jan26	n/a	0.03%
Put On S&P 500 Jan26	n/a	0.02%
Put On S&P 500 Jan26	n/a	0.02%
Put On S&P 500 Jan26	n/a	0.01%
Put On S&P 500 Jan26	n/a	-0.09%
Put On S&P 500 Jan26	n/a	-0.10%

Dividends

Ex-Dividend	Amount	Pay Date
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
Dec 24, 2024	$0.38926	Dec 26, 2024
Oct 3, 2024	$0.3758	Oct 4, 2024

Performance

OVL had a total return of 21.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.66%.