OVT
Overlay Shares Short Term Bond ETF
OVT at a glance
OVT (Overlay Shares Short Term Bond ETF) currently pays a 6.4% distribution yield, paid monthly. On a $10,000 investment that works out to about $635 a year, or roughly $52.92 a month before taxes. That yield ranks #185 of the 218 income ETFs we track.
It charges an expense ratio of 0.79%, which is middle of the pack among the ETFs we track (about $79 a year per $10,000 invested) and it manages $61.0M in assets.
Yield is only half the story. OVT's total return since it launched on January 14, 2021 is +16% (about +2.6% per year), and our data flags price decay, meaning the share price is below where it started. Part of the income has been offset by a shrinking share price, so look at the total return, not just the payout.
How much will OVT pay you?
At today's yield, before taxes. Open the full OVT dividend calculator →
Where OVT ranks
#185 of 218 among income ETFsBetter than 15% of funds → see the listFee rank (lowest)
#77 of 170 cheapest firstBetter than 55% of funds → see the listSize rank
#216 of 271 by assetsBetter than 20% of funds → see the listAnnualized return rank
#122 of 142 funds with 1+ yearBetter than 14% of funds → see the list
ETFs similar to OVT
| ETF | Yield | $10K / yr | Expense | AUM | Annualized | Price decay | |
|---|---|---|---|---|---|---|---|
| OVTOverlay Shares Short Term Bond ETF | 6.4% | $635 | 0.79% | $61.0M | +2.6% | Yes | This fund |
| OVBOverlay Shares Core Bond ETF | 6.1% | $611 | 0.79% | $48.0M | +1.4% | Yes | Compare |
| OVMOverlay Shares Municipal Bond ETF | 5.1% | $514 | 0.81% | $45.0M | +1.8% | Yes | Compare |
| BNDINEOS Enhanced Income Aggregate Bond ETF | 5.7% | $570 | 0.58% | $192M | +3.0% | Yes | Compare |
| OVFOverlay Shares Foreign Equity ETF (OVF) | 10.4% | $1,040 | 0.83% | $62.0M | +9.1% | No | Compare |
| SPHYState Street SPDR Portfolio High Yield Bond ETF | 7.5% | $754 | 0.05% | $12.1B | +4.7% | Yes | Compare |
| OVSOverlay Shares Small Cap Equity ETF (OVS) | 10.5% | $1,050 | 0.83% | $39.0M | +11% | No | Compare |
Compare OVT with
Frequently asked questions
What is OVT's dividend yield?
OVT currently has a distribution yield of 6.4%, based on the TopETFs database. Yields change as payouts and the share price move.
How often does OVT pay dividends?
OVT pays monthly, which is about 12 payments a year.
How much does $10,000 in OVT pay?
At a 6.4% yield, $10,000 in OVT pays about $635 a year, or roughly $52.92 a month before taxes.
What is OVT's expense ratio?
OVT charges 0.79% a year, about $79 for every $10,000 invested.
Does OVT have price decay?
Yes. OVT's share price is below where it started, so part of its income has been offset by a falling share price. Its total return since inception is +16%.
Disclaimer: For educational purposes only, not financial advice or a recommendation to buy or sell. ETF data comes from the TopETFs database, refreshes daily and may be delayed, incomplete or outdated. Yields are trailing distribution yields and payouts can change or stop. Total return is since the fund's inception. Price chart and quote provided by TradingView and may be delayed. Always check the fund issuer's website and prospectus before investing. Full disclaimer.
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