Performance analysis of OVT (Overlay Shares Short Term Bond ETF)
Annual Return
Over the past 3 years, OVT has had an average annual return of +7.45%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, OVT has had an average annual return of +3.02%, underperforming the benchmark SPY, which returned +13.88% annual.
Since Jan 15, 2021, OVT has had an average annual return of +3.09%, underperforming the benchmark SPY, which returned +15.35% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +2.61% | +7.61% | +7.43% | +7.73% | -9.69% | +2.08% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.68% | +1.36% | -0.82% | +0.89% | +0.90% | -0.41% | +2.61% | ||||||
| 2025 | +0.80% | +0.99% | -1.23% | +0.27% | +0.55% | +1.71% | +0.45% | +1.10% | +0.73% | +0.51% | +1% | +0.53% | +7.61% |
| 2024 | +0.87% | +0.70% | +1.04% | -1.73% | +1.77% | +1.24% | +1.67% | +1.61% | +1.06% | -1.40% | +1.51% | -1.05% | +7.43% |
| 2023 | +2.32% | -1.62% | +1.59% | +1.01% | -0.42% | +0.41% | +0.75% | -0.15% | -1.64% | -1.69% | +4.63% | +2.48% | +7.73% |
| 2022 | -2.43% | -0.32% | -1.76% | -2.90% | +0.78% | -2.14% | +2.27% | -2.41% | -4.16% | +0.86% | +2.63% | -0.31% | -9.69% |
| 2021 | -0.50% | +0.10% | +0.40% | +0.96% | +0.54% | +0.45% | +0.51% | +0.40% | -0.99% | +0% | +0.09% | +0.11% | +2.08% |
Drawdown analysis of OVT (Overlay Shares Short Term Bond ETF)
The maximum drawdown for the OVT was -13.59%, occurring on Oct 14, 2022. Recovery took 417 trading sessions.
The current OVT drawdown is -0.41%.
Since Jan 15, 2021 OVT has experienced the following drawdowns:
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.59% | Sep 3, 2021 | 280 | Oct 14, 2022 | 417 | Jun 13, 2024 | 697 |
| -3.23% | Feb 19, 2025 | 34 | Apr 8, 2025 | 51 | Jun 23, 2025 | 85 |
| -2.08% | Dec 6, 2024 | 22 | Jan 10, 2025 | 17 | Feb 5, 2025 | 39 |
| -1.72% | Sep 24, 2024 | 29 | Nov 4, 2024 | 21 | Dec 4, 2024 | 50 |
| -1.55% | Feb 27, 2026 | 20 | Mar 27, 2026 | 14 | Apr 17, 2026 | 34 |
| -1.53% | Oct 28, 2025 | 17 | Nov 20, 2025 | 4 | Nov 26, 2025 | 21 |
| -1.22% | Feb 24, 2021 | 8 | Mar 8, 2021 | 22 | Apr 8, 2021 | 30 |
| -0.92% | Jan 6, 2026 | 9 | Jan 20, 2026 | 5 | Jan 27, 2026 | 14 |
| -0.72% | Jul 16, 2024 | 7 | Jul 25, 2024 | 4 | Jul 31, 2024 | 11 |
| -0.69% | Aug 2, 2024 | 3 | Aug 7, 2024 | 4 | Aug 13, 2024 | 7 |
| -0.68% | Sep 19, 2025 | 4 | Sep 25, 2025 | 9 | Oct 8, 2025 | 13 |
| -0.67% | Aug 16, 2021 | 3 | Aug 19, 2021 | 7 | Aug 30, 2021 | 10 |
| -0.65% | Jan 25, 2021 | 4 | Jan 29, 2021 | 6 | Feb 8, 2021 | 10 |
| -0.64% | Jun 15, 2021 | 3 | Jun 18, 2021 | 11 | Jul 6, 2021 | 14 |
| -0.61% | May 8, 2026 | 7 | May 19, 2026 | 5 | May 27, 2026 | 12 |
| -0.51% | Dec 26, 2025 | 4 | Jan 2, 2026 | 2 | Jan 6, 2026 | 6 |
| -0.51% | Aug 21, 2024 | 1 | Aug 22, 2024 | 1 | Aug 23, 2024 | 2 |
| -0.49% | May 6, 2021 | 5 | May 13, 2021 | 7 | May 24, 2021 | 12 |
| -0.49% | Jul 15, 2021 | 2 | Jul 19, 2021 | 1 | Jul 20, 2021 | 3 |
| -0.45% | Oct 8, 2025 | 2 | Oct 10, 2025 | 1 | Oct 13, 2025 | 3 |
| -0.43% | Aug 14, 2025 | 5 | Aug 21, 2025 | 4 | Aug 27, 2025 | 9 |
| -0.43% | Feb 11, 2026 | 1 | Feb 12, 2026 | 3 | Feb 18, 2026 | 4 |
| -0.43% | Aug 3, 2021 | 5 | Aug 10, 2021 | 4 | Aug 16, 2021 | 9 |
| -0.43% | Jun 30, 2025 | 1 | Jul 1, 2025 | 6 | Jul 10, 2025 | 7 |
| -0.41% | May 29, 2026 | 3 | Jun 3, 2026 | Ongoing | Ongoing | Ongoing |