Overlay Shares Large Cap Equity ETF (OVL)

Assets	$182.95M
Expense Ratio	0.79%
PE Ratio	n/a
Shares Out	3.38M
Dividend (ttm)	$2.06
Dividend Yield	3.88%
Ex-Dividend Date	Jan 28, 2026
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	2,417
Open	52.63
Previous Close	53.23
Day's Range	52.31 - 52.74
52-Week Low	37.58
52-Week High	54.61
Beta	1.14
Holdings	9
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 Holdings

Name	Symbol	Weight
Vanguard S&P 500 ETF	VOO	100.04%
OTHER ASSETS AND LIABILITIES	n/a	0.24%
Cash Offset	n/a	0.18%
First American Government Obligations Fund	FGXXX	0.13%
Put On S&P 500 Feb26	n/a	0.03%
Put On S&P 500 Feb26	n/a	0.03%
Put On S&P 500 Feb26	n/a	-0.16%
Put On S&P 500 Feb26	n/a	-0.19%
US DOLLARS	n/a	-0.29%

Dividend History

Ex-Dividend	Amount	Pay Date
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
Dec 24, 2024	$0.38926	Dec 26, 2024

Performance

OVL had a total return of 16.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.38%.