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Overlay Shares Large Cap Equity ETF (OVL)

Derivative Income | Exchange Traded Fund | Cboe US
55.05 USD +0.70 (1.288%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 55.06 +0.01 (0.018%) ⇧ (April 17, 2026, 7:33 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★★★ | Dividends: ★★★★★
Hot Take | April 11, 2026, 3:14 p.m. EDT

OVL presents a compelling opportunity for both short-term and long-term investors. The recent price action shows a strong upward trend, with the stock bouncing back from a dip to close near its 52-week high. The high dividend yield of 5.92% is a major attraction, especially given the consistent dividend payouts over the past several years. This suggests a strong commitment to shareholder returns. While the short-term price forecast indicates a modest upward movement, the long-term fundamentals and dividend stability make it an attractive buy-and-hold candidate. The recent news headlines also highlight the ETF's performance and distribution rate, reinforcing its appeal as a reliable investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.018239
AutoETS0.019739
AutoTheta0.021007
AutoARIMA0.027956

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 58%
H-stat 1.32
Ljung-Box p 0.000
Jarque-Bera p 0.022
Excess Kurtosis 0.76
Attribute Value
Trailing P/E 28.16

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.90% 5.11% 4.17% 4.27%
Dividend History
Date Dividend Yield %
2026-03-27 0.441 0.901288
2026-02-25 0.466 0.875476
2026-01-28 0.471 0.883244
2025-12-23 0.420 0.801409
2025-10-03 0.410 0.813102
2025-07-03 0.390 0.835554
2025-04-03 0.374 0.946294
2024-12-24 0.389 0.860472
2024-10-03 0.376 0.882647
2024-07-03 0.377 0.915073
2024-04-03 0.303 0.786130
2023-12-27 0.344 0.998636
2023-10-03 0.299 0.998887
2023-07-05 0.318 0.997446
2023-04-04 0.295 1.017408
2022-12-28 0.301 1.138416
2022-10-04 0.272 1.026591
2022-07-05 0.285 1.055647
2022-04-04 0.317 0.961886
2021-12-29 0.565 1.630434
2021-10-04 0.308 1.004554
2021-07-02 0.312 1.000076
2021-04-05 0.290 1.011134
2020-12-28 0.379 1.461098
2020-10-02 0.266 1.154266
2020-06-26 0.067 0.327506
2020-03-27 0.065 0.383198
2019-12-27 0.137 0.626008
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 5.92

Info Dump

Attribute Value
All Time High 55.18
All Time Low 18.13
Ask 57.96
Ask Size 2,100
Average Daily Volume10 Day 63,280
Average Daily Volume3 Month 30,998
Average Volume 30,998
Average Volume10Days 63,280
Beta3 Year 1.18
Bid 51.94
Bid Size 100
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 55.12
Day Low 54.72
Dividend Yield 5.92
Eps Trailing Twelve Months 1.954658
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 52.36072
Fifty Day Average Change 2.6892776
Fifty Day Average Change Percent 0.051360592
Fifty Two Week Change Percent 39.437687
Fifty Two Week High 55.18
Fifty Two Week High Change -0.13000107
Fifty Two Week High Change Percent -0.0023559453
Fifty Two Week Low 38.95
Fifty Two Week Low Change 16.099998
Fifty Two Week Low Change Percent 0.4133504
Fifty Two Week Range 38.95 - 55.18
First Trade Date Milliseconds 1,569,936,600,000
Five Year Average Return 0.1325134
Full Exchange Name Cboe US
Fund Family Overlay Shares
Fund Inception Date 1,569,801,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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 and (ii) selling and purchasing listed short-term put options to generate income to the fund.
Long Name Overlay Shares Large Cap Equity ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_632049960
Nav Price 54.9783
Net Assets 164,590,672.0
Net Expense Ratio 0.79
Open 54.82
Post Market Change 0.010002136
Post Market Change Percent 0.018169185
Post Market Price 55.06
Post Market Time 1,776,468,819
Previous Close 54.35
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.700001
Regular Market Change Percent 1.28795
Regular Market Day High 55.12
Regular Market Day Low 54.72
Regular Market Day Range 54.72 - 55.12
Regular Market Open 54.82
Regular Market Previous Close 54.35
Regular Market Price 55.05
Regular Market Time 1,776,456,000
Regular Market Volume 55,810
Short Name Overlay Shares Large Cap Equity
Source Interval 15
Symbol OVL
Three Year Average Return 0.23186529
Total Assets 164,590,672
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 28.163494
Trailing Peg Ratio None
Trailing Three Month Nav Returns -3.15496
Trailing Three Month Returns -3.15496
Triggerable 1
Two Hundred Day Average 51.98959
Two Hundred Day Average Change 3.0604095
Two Hundred Day Average Change Percent 0.058865815
Type Disp ETF
Volume 55,810
Yield 0.0592
Ytd Return -3.15496