Performance analysis of OVL (OVERLAY SHARES LARGE CAP EQUITY ETF)
Annual Return
Over the past 3 years, OVL has had an average annual return of +24.72%, outperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, OVL has had an average annual return of +14.52%, outperforming the benchmark SPY, which returned +14.05% annual.
Since Oct 1, 2019, OVL has had an average annual return of +18.05%, outperforming the benchmark SPY, which returned +16.99% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +14.29% | +17.86% | +27.89% | +28.03% | -22.20% | +32.38% | +20.19% | +10.84% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.99% | -0.17% | -4.69% | +11.03% | +5.71% | +0.34% | +14.29% | ||||||
| 2025 | +2.75% | -1.27% | -7.44% | -0.99% | +6.64% | +5.42% | +3.02% | +1.88% | +4.02% | +2.65% | +0.30% | +0.33% | +17.86% |
| 2024 | +2.40% | +6.34% | +3.93% | -5.43% | +5.66% | +4.28% | +1.23% | +2.77% | +2.20% | -1.33% | +6.71% | -3.13% | +27.89% |
| 2023 | +7.06% | -2.65% | +3.69% | +2.04% | +0.50% | +7.19% | +3.11% | -1.56% | -5.96% | -3.39% | +11.25% | +5.04% | +28.03% |
| 2022 | -6.60% | -3.19% | +4.41% | -10.52% | +0.42% | -9.15% | +10.12% | -4.73% | -11.16% | +9.02% | +5.80% | -6.12% | -22.20% |
| 2021 | -0.76% | +3.17% | +4.87% | +5.65% | +0.99% | +2.97% | +2.62% | +3.32% | -5.27% | +7.46% | -0.47% | +4.48% | +32.38% |
| 2020 | -0.27% | -8.90% | -13.05% | +13.81% | +5.81% | +2.12% | +5.61% | +8.70% | -4.30% | -4.12% | +12.74% | +4.18% | +20.19% |
| 2019 | +3.75% | +4.44% | +2.29% | +10.84% |
Drawdown analysis of OVL (OVERLAY SHARES LARGE CAP EQUITY ETF)
The maximum drawdown for the OVL was -35.49%, occurring on Mar 20, 2020. Recovery took 96 trading sessions.
Since Oct 1, 2019 OVL has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 3 times
- 10% or more: 5 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.49% | Feb 19, 2020 | 22 | Mar 20, 2020 | 96 | Aug 6, 2020 | 118 |
| -29.23% | Jan 3, 2022 | 187 | Sep 30, 2022 | 326 | Jan 19, 2024 | 513 |
| -21.69% | Feb 19, 2025 | 34 | Apr 8, 2025 | 59 | Jul 3, 2025 | 93 |
| -10.29% | Sep 2, 2020 | 14 | Sep 23, 2020 | 37 | Nov 13, 2020 | 51 |
| -10.10% | Jul 16, 2024 | 34 | Sep 3, 2024 | 12 | Sep 19, 2024 | 46 |
| -8.73% | Jan 28, 2026 | 42 | Mar 30, 2026 | 10 | Apr 14, 2026 | 52 |
| -7.38% | Mar 28, 2024 | 15 | Apr 19, 2024 | 18 | May 15, 2024 | 33 |
| -6.37% | Oct 29, 2025 | 16 | Nov 20, 2025 | 13 | Dec 10, 2025 | 29 |
| -6.28% | Sep 3, 2021 | 20 | Oct 4, 2021 | 13 | Oct 21, 2021 | 33 |
| -5.48% | Dec 6, 2024 | 22 | Jan 10, 2025 | 8 | Jan 23, 2025 | 30 |
| -4.72% | Feb 17, 2021 | 11 | Mar 4, 2021 | 5 | Mar 11, 2021 | 16 |
| -4.24% | Jan 17, 2020 | 9 | Jan 31, 2020 | 4 | Feb 6, 2020 | 13 |
| -4.15% | May 7, 2021 | 3 | May 12, 2021 | 16 | Jun 4, 2021 | 19 |
| -3.97% | Jan 21, 2021 | 6 | Jan 29, 2021 | 4 | Feb 4, 2021 | 10 |
| -3.82% | Nov 18, 2021 | 8 | Dec 1, 2021 | 5 | Dec 8, 2021 | 13 |
| -3.78% | Oct 18, 2024 | 11 | Nov 4, 2024 | 2 | Nov 6, 2024 | 13 |
| -3.58% | Oct 8, 2025 | 2 | Oct 10, 2025 | 10 | Oct 24, 2025 | 12 |
| -3.54% | Jul 12, 2021 | 5 | Jul 19, 2021 | 4 | Jul 23, 2021 | 9 |
| -3.50% | Jan 12, 2026 | 5 | Jan 20, 2026 | 6 | Jan 28, 2026 | 11 |
| -3.18% | Dec 11, 2025 | 4 | Dec 17, 2025 | 4 | Dec 23, 2025 | 8 |
| -2.97% | Dec 10, 2021 | 6 | Dec 20, 2021 | 3 | Dec 23, 2021 | 9 |
| -2.85% | Jul 25, 2025 | 5 | Aug 1, 2025 | 7 | Aug 12, 2025 | 12 |
| -2.63% | Nov 11, 2024 | 4 | Nov 15, 2024 | 7 | Nov 26, 2024 | 11 |
| -2.35% | Nov 27, 2019 | 3 | Dec 3, 2019 | 7 | Dec 12, 2019 | 10 |
| -2.24% | Jun 14, 2021 | 4 | Jun 18, 2021 | 4 | Jun 24, 2021 | 8 |