Overlay Shares Hedged Large Cap Equity ETF (OVLH)

Assets	$104.48M
Expense Ratio	0.80%
PE Ratio	22.67
Forward PE	17.81
Shares Out	2.48M
Dividend	$0.12 (0.29%)
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	Annual
Payout Ratio	6.72%

Volume	2,089
Open	41.22
Previous Close	41.02
Day's Range	41.08 - 41.22
52-Week Low	37.33
52-Week High	43.18
Beta	0.73
Holdings	10
Inception Date	Jan 14, 2021

About OVLH

Fund Home Page

The Overlay Shares Hedged Large Cap Equity ETF (OVLH) is an exchange-traded fund that mostly invests in large-cap stocks. The fund is actively managed to provide exposure to the US large-cap space combined with an option overlay strategy, utilizing a put spread and long-term OTM put options. OVLH was launched on Jan 14, 2021 and is issued by Liquid Strategies.

• Asset Class: Equity
• Category: Equity Hedged
• Region: North America
• Stock Exchange: Cboe BZX
• Ticker Symbol: OVLH
• ETF Provider: Liquid Strategies

Top Holdings

Name	Symbol	Weight
Vanguard S&P 500 ETF	VOO	98.09%
SPX US 09/17/27 P7100	n/a	1.17%
SPX US 08/20/27 P7100	n/a	1.10%
SPX US 06/17/27 P7100	n/a	0.93%
SPX US 03/19/27 P7100	n/a	0.64%
SPX US 01/15/27 P7100	n/a	0.41%
Put On S&P 500 Dec26	n/a	0.29%
First American Government Obligs X	FGXXX	0.10%
OTHER ASSETS AND LIABILITIES	n/a	-0.06%
Cash Offset	n/a	-2.68%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.11859	Dec 24, 2025
Dec 24, 2024	$0.10981	Dec 26, 2024
Dec 27, 2023	$0.2404	Dec 29, 2023
Dec 28, 2022	$0.1971	Dec 30, 2022
Dec 29, 2021	$0.1186	Dec 31, 2021

Performance

OVLH had a total return of 4.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.33%.

Data Sources: S&P Global Market Intelligence, CBOE, and more

Historical data is provided by S&P Global Market Intelligence. Real-time stock price data is provided by CBOE and 15-minute delayed consolidated tape pricing data is provided by Nasdaq UTP. Several fund data points are also provided by Finnhub.

Last checked:

Nov 7, 2026

Data Sources Report a data error