Performance analysis of OVS (OVERLAY SHARES SMALL CAP EQUITY ETF)
Annual Return
Over the past 3 years, OVS has had an average annual return of +16.52%, underperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, OVS has had an average annual return of +6.25%, underperforming the benchmark SPY, which returned +14.05% annual.
Since Oct 1, 2019, OVS has had an average annual return of +12.08%, underperforming the benchmark SPY, which returned +16.99% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +18.83% | +6.21% | +11.05% | +17.26% | -20.01% | +30.16% | +12.20% | +11.52% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.13% | +2.61% | -3.84% | +11.03% | +1.72% | +0.47% | +18.83% | ||||||
| 2025 | +3.11% | -5.81% | -7.65% | -4.49% | +5.64% | +4.64% | +1.26% | +7.10% | +1.22% | -0.67% | +2.78% | +0.08% | +6.21% |
| 2024 | -3.29% | +4.47% | +3.75% | -6.78% | +5.78% | -1.75% | +10.99% | -1.27% | +1.01% | -2.98% | +11.69% | -8.80% | +11.05% |
| 2023 | +10% | -1.44% | -5.03% | -2.35% | -1.76% | +8.88% | +5.56% | -4.29% | -7.17% | -7.13% | +10.52% | +13.27% | +17.26% |
| 2022 | -8.66% | +1.30% | +0.92% | -9.27% | +1.75% | -9.35% | +10.88% | -5.14% | -11.70% | +13.45% | +4.30% | -6.86% | -20.01% |
| 2021 | +6.42% | +8.11% | +3.91% | +2.13% | +2.40% | +0.87% | -2.39% | +2.82% | -3.24% | +3.99% | -2.11% | +4.40% | +30.16% |
| 2020 | -4.66% | -12.69% | -21.11% | +13.96% | +5.32% | +3.46% | +4.52% | +5.15% | -5.02% | +1.31% | +19.37% | +9.02% | +12.20% |
| 2019 | +4.34% | +3.88% | +2.89% | +11.52% |
Drawdown analysis of OVS (OVERLAY SHARES SMALL CAP EQUITY ETF)
The maximum drawdown for the OVS was -45.10%, occurring on Mar 23, 2020. Recovery took 171 trading sessions.
Since Oct 1, 2019 OVS has experienced the following drawdowns:
- 40% or more: 1 time
- 30% or more: 3 times
- 20% or more: 3 times
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.10% | Jan 16, 2020 | 45 | Mar 23, 2020 | 171 | Nov 23, 2020 | 216 |
| -30.46% | Nov 25, 2024 | 90 | Apr 8, 2025 | 187 | Jan 6, 2026 | 277 |
| -30.43% | Nov 5, 2021 | 226 | Sep 30, 2022 | 448 | Jul 16, 2024 | 674 |
| -10.20% | Jun 8, 2021 | 28 | Jul 19, 2021 | 74 | Nov 1, 2021 | 102 |
| -9.84% | Jul 31, 2024 | 3 | Aug 5, 2024 | 49 | Oct 14, 2024 | 52 |
| -9.39% | Mar 12, 2021 | 8 | Mar 24, 2021 | 47 | Jun 1, 2021 | 55 |
| -8.46% | Feb 6, 2026 | 29 | Mar 20, 2026 | 15 | Apr 13, 2026 | 44 |
| -5.00% | Nov 11, 2024 | 4 | Nov 15, 2024 | 6 | Nov 25, 2024 | 10 |
| -4.69% | Feb 24, 2021 | 6 | Mar 4, 2021 | 3 | Mar 9, 2021 | 9 |
| -4.61% | Oct 16, 2024 | 11 | Oct 31, 2024 | 4 | Nov 6, 2024 | 15 |
| -4.27% | May 6, 2026 | 9 | May 19, 2026 | 4 | May 26, 2026 | 13 |
| -3.94% | Jan 26, 2021 | 3 | Jan 29, 2021 | 4 | Feb 4, 2021 | 7 |
| -3.46% | Nov 24, 2020 | 3 | Nov 30, 2020 | 4 | Dec 4, 2020 | 7 |
| -3.25% | Jul 16, 2024 | 3 | Jul 19, 2024 | 5 | Jul 26, 2024 | 8 |
| -2.63% | Nov 27, 2019 | 3 | Dec 3, 2019 | 7 | Dec 12, 2019 | 10 |
| -2.51% | Jan 15, 2026 | 2 | Jan 20, 2026 | 1 | Jan 21, 2026 | 3 |
| -2.43% | Jan 22, 2026 | 6 | Jan 30, 2026 | 5 | Feb 6, 2026 | 11 |
| -2.27% | Feb 12, 2021 | 3 | Feb 18, 2021 | 2 | Feb 22, 2021 | 5 |
| -1.83% | Oct 4, 2019 | 2 | Oct 8, 2019 | 3 | Oct 11, 2019 | 5 |
| -1.83% | Jan 14, 2021 | 1 | Jan 15, 2021 | 2 | Jan 20, 2021 | 3 |
| -1.72% | Dec 28, 2020 | 1 | Dec 29, 2020 | 4 | Jan 5, 2021 | 5 |
| -1.66% | Oct 29, 2019 | 2 | Oct 31, 2019 | 1 | Nov 1, 2019 | 3 |
| -1.50% | Nov 8, 2019 | 9 | Nov 21, 2019 | 2 | Nov 25, 2019 | 11 |
| -1.29% | Apr 27, 2026 | 2 | Apr 29, 2026 | 1 | Apr 30, 2026 | 3 |
| -1.21% | Dec 17, 2020 | 2 | Dec 21, 2020 | 2 | Dec 23, 2020 | 4 |