Overlay Shares Small Cap Equity ETF (OVS)Small Blend | Exchange Traded Fund | Cboe US
41.65 USD
-0.24
(-0.580%) ⇩
(July 13, 2026, 3:53 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:26 a.m. EDT
The most compelling case here is the massive dividend yield of 7.24%, which provides a substantial floor for investors despite the asset's volatility. This high payout is supported by a consistent distribution history over the last five years, though the amounts fluctuate significantly, suggesting the yield is partly a function of price compression rather than just aggressive income allocation. Fundamentally, the business has shown resilience with a 54% gain over the last five years, yet it is currently grappling with a slight annual decline (-0.97%) and trading near its 52-week high, indicating the market may be pricing in further consolidation or rotation out of small-cap value. While the statistical forecast model offers no directional bias for the immediate future, the combination of a robust long-term recovery trend and a generous current yield makes this a moderate-to-high conviction hold for income-focused portfolios, provided the investor can tolerate the inherent volatility of small-cap equities. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.023427 |
| AutoTheta | 0.024878 |
| AutoETS | 0.026415 |
| AutoARIMA | 0.026921 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 15.94 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.343 |
| Excess Kurtosis | -0.64 |
| Attribute | Value |
|---|---|
| Trailing P/E | 18.92 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.83% | 7.39% | 5.00% | 4.54% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-26 | 0.350 | 0.830762 |
| 2026-05-27 | 0.348 | 0.860215 |
| 2026-04-28 | 0.348 | 0.879432 |
| 2026-03-27 | 0.320 | 0.899306 |
| 2026-02-25 | 0.328 | 0.852502 |
| 2026-01-28 | 0.334 | 0.889765 |
| 2025-12-23 | 0.477 | 1.306134 |
| 2025-10-03 | 0.311 | 0.869492 |
| 2025-07-03 | 0.276 | 0.820623 |
| 2025-04-03 | 0.253 | 0.867954 |
| 2024-12-24 | 0.535 | 1.508572 |
| 2024-10-03 | 0.339 | 0.970763 |
| 2024-07-03 | 0.283 | 0.866583 |
| 2024-04-03 | 0.266 | 0.800891 |
| 2023-12-27 | 0.251 | 0.755660 |
| 2023-10-03 | 0.282 | 1.028484 |
| 2023-07-05 | 0.262 | 0.865086 |
| 2023-04-04 | 0.250 | 0.863797 |
| 2022-12-28 | 0.273 | 0.960726 |
| 2022-10-04 | 0.273 | 0.959140 |
| 2022-07-05 | 0.241 | 0.826021 |
| 2022-04-04 | 0.206 | 0.590613 |
| 2021-12-29 | 0.632 | 1.683582 |
| 2021-10-04 | 0.345 | 0.955202 |
| 2021-07-02 | 0.271 | 0.732175 |
| 2021-04-05 | 0.266 | 0.736006 |
| 2020-12-28 | 0.232 | 0.771584 |
| 2020-10-02 | 0.209 | 0.926090 |
| 2020-06-26 | 0.040 | 0.192632 |
| 2020-03-27 | 0.040 | 0.228297 |
| 2019-12-27 | 0.148 | 0.545381 |
| Attribute | Value |
|---|---|
| All Time High | 42.8 |
| All Time Low | 15.278 |
| Ask | 64.98 |
| Ask Size | 1,700 |
| Average Daily Volume10 Day | 12,560 |
| Average Daily Volume3 Month | 8,808 |
| Average Volume | 8,808 |
| Average Volume10Days | 12,560 |
| Beta3 Year | 1.24 |
| Bid | 41.57 |
| Bid Size | 3,600 |
| Category | Small Blend |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 41.9599 |
| Day Low | 41.55 |
| Dividend Yield | 7.24 |
| Eps Trailing Twelve Months | 2.201593 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 40.70024 |
| Fifty Day Average Change | 0.94625854 |
| Fifty Day Average Change Percent | 0.023249459 |
| Fifty Two Week Change Percent | 24.343979 |
| Fifty Two Week High | 42.8 |
| Fifty Two Week High Change | -1.1534996 |
| Fifty Two Week High Change Percent | -0.026950926 |
| Fifty Two Week Low | 32.245 |
| Fifty Two Week Low Change | 9.401501 |
| Fifty Two Week Low Change Percent | 0.2915646 |
| Fifty Two Week Range | 32.245 - 42.8 |
| First Trade Date Milliseconds | 1,569,936,600,000 |
| Five Year Average Return | 0.076567404 |
| 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. small 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 Small Cap Equity ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_632049964 |
| Nav Price | 41.8957 |
| Net Assets | 32,369,596.0 |
| Net Expense Ratio | 0.83 |
| Open | 41.97 |
| Previous Close | 41.8893 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.242802 |
| Regular Market Change Percent | -0.579627 |
| Regular Market Day High | 41.9599 |
| Regular Market Day Low | 41.55 |
| Regular Market Day Range | 41.55 - 41.9599 |
| Regular Market Open | 41.97 |
| Regular Market Previous Close | 41.8893 |
| Regular Market Price | 41.6465 |
| Regular Market Time | 1,783,972,400 |
| Regular Market Volume | 8,729 |
| Short Name | Overlay Shares Small Cap Equity |
| Source Interval | 15 |
| Symbol | OVS |
| Three Year Average Return | 0.1563566 |
| Total Assets | 32,369,596 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 18.91653 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 20.03274 |
| Trailing Three Month Returns | 20.03274 |
| Triggerable | 1 |
| Two Hundred Day Average | 37.791676 |
| Two Hundred Day Average Change | 3.854824 |
| Two Hundred Day Average Change Percent | 0.102001935 |
| Type Disp | ETF |
| Volume | 8,729 |
| Yield | 0.072399996 |
| Ytd Return | 25.86332 |