The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. large-cap equity securities or directly in the securities held by such ETFs (collectively, the "Underlying Investments"), and (ii) purchasing long-term out-of-the-money put options (i.e., put options with a strike price below the current price of the reference asset) to seek to hedge against significant declines in U.S. large-cap equities.
Frequently asked questions
What is the Overlay Shares Hedged Large Cap Equity ETF (OVLH) expense ratio?
The Overlay Shares Hedged Large Cap Equity ETF funds expense ratio is 0.93%.
What is Overlay Shares Hedged Large Cap Equity ETF (OVLH) current stock price?
As of the latest data, Overlay Shares Hedged Large Cap Equity ETF stock price is $42.18, with a previous close of $41.98. Overlay Shares Hedged Large Cap Equity ETF gained $0.20 in the last trading session, representing a 0.48% increase.
Does Overlay Shares Hedged Large Cap Equity ETF (OVLH) pay dividends?
Yes. Overlay Shares Hedged Large Cap Equity ETF pays annual dividends with an annualized yield of 0.28% and an estimated annual payout of $0.12 per share.
