Overlay Shares Hedged Large Cap Equity ETF (OVLH)Equity Hedged | Exchange Traded Fund | Cboe US
41.83 USD
-0.28
(-0.662%) ⇩
(July 13, 2026, 1:38 p.m.
EDT)
After hours: 41.83 +0.01 (0.026%) ⇧ (July 13, 2026, 4:10 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:21 a.m. EDT
The asset is currently trading near its 52-week high, supported by a strong four-year price trajectory that shows three out of four years of gains and zero consecutive declines at the end of the window. This confirms a healthy multi-year trend rather than a structural deterioration. However, the recent price action over the last two weeks has been flat to slightly negative, failing to build the immediate momentum required for a high-conviction short-term entry. While the statistical forecast model indicates a high-confidence upward move over the next 45 days, this short-term signal cannot fully override the lack of immediate technical breakout strength. On the income side, the yield is negligible at roughly 0.28%, offering no meaningful income buffer against volatility. The valuation is also elevated relative to the growth profile, trading at nearly 27x earnings, which limits the margin of safety despite the solid historical performance. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.019937 |
| AutoTheta | 0.023142 |
| MSTL | 0.027624 |
| AutoETS | 0.030260 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 70% |
| H-stat | 0.42 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.340 |
| Excess Kurtosis | -1.07 |
| Attribute | Value |
|---|---|
| Trailing P/E | 26.57 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.30% | 0.30% | 0.48% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-23 | 0.119 | 0.300308 |
| 2024-12-24 | 0.110 | 0.316165 |
| 2023-12-27 | 0.240 | 0.828815 |
| 2022-12-28 | 0.197 | 0.800195 |
| 2021-12-29 | 0.119 | 0.395309 |
| Attribute | Value |
|---|---|
| All Time High | 42.52 |
| All Time Low | 23.76 |
| Ask | 0.0 |
| Ask Size | 3,600 |
| Average Daily Volume10 Day | 6,910 |
| Average Daily Volume3 Month | 12,585 |
| Average Volume | 12,585 |
| Average Volume10Days | 6,910 |
| Beta3 Year | 0.74 |
| Bid | 0.0 |
| Bid Size | 100 |
| Category | Equity Hedged |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 41.9884 |
| Day Low | 41.8201 |
| Dividend Yield | 0.28 |
| Eps Trailing Twelve Months | 1.5742704 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 41.65446 |
| Fifty Day Average Change | 0.17663956 |
| Fifty Day Average Change Percent | 0.0042405915 |
| Fifty Two Week Change Percent | 13.439835 |
| Fifty Two Week High | 42.52 |
| Fifty Two Week High Change | -0.6889 |
| Fifty Two Week High Change Percent | -0.016201787 |
| Fifty Two Week Low | 36.934 |
| Fifty Two Week Low Change | 4.8971024 |
| Fifty Two Week Low Change Percent | 0.13259064 |
| Fifty Two Week Range | 36.934 - 42.52 |
| First Trade Date Milliseconds | 1,610,721,000,000 |
| Five Year Average Return | 0.088916995 |
| Full Exchange Name | Cboe US |
| Fund Family | Overlay Shares |
| Fund Inception Date | 1,610,582,400 |
| 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 (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. |
| Long Name | Overlay Shares Hedged Large Cap Equity ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_694443101 |
| Nav Price | 42.0889 |
| Net Assets | 115,743,176.0 |
| Net Expense Ratio | 0.8 |
| Open | 41.9884 |
| Post Market Change | 0.011001587 |
| Post Market Change Percent | 0.026306937 |
| Post Market Price | 41.8311 |
| Post Market Time | 1,783,973,405 |
| Previous Close | 42.11 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.2789 |
| Regular Market Change Percent | -0.662313 |
| Regular Market Day High | 41.9884 |
| Regular Market Day Low | 41.8201 |
| Regular Market Day Range | 41.8201 - 41.9884 |
| Regular Market Open | 41.9884 |
| Regular Market Previous Close | 42.11 |
| Regular Market Price | 41.8311 |
| Regular Market Time | 1,783,964,289 |
| Regular Market Volume | 1,226 |
| Short Name | Overlay Shares Hedged Large Cap |
| Source Interval | 15 |
| Symbol | OVLH |
| Three Year Average Return | 0.1475926 |
| Total Assets | 115,743,176 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 26.57174 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 10.36728 |
| Trailing Three Month Returns | 10.36728 |
| Triggerable | 1 |
| Two Hundred Day Average | 39.883636 |
| Two Hundred Day Average Change | 1.947464 |
| Two Hundred Day Average Change Percent | 0.048828647 |
| Type Disp | ETF |
| Volume | 1,226 |
| Yield | 0.0028 |
| Ytd Return | 6.27105 |