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IVSSvsOVSETF Comparison
Applied Finance IVS US SMID ETF (IVSS) belongs to the US Multi-Factor segment. Overlay Shares Small Cap Equity ETF (OVS) is part of the Options Strategies segment. IVSS's top 3 sector exposures are Information Technology, Industrials and Financials. In contrast, OVS's top sector exposures are Industrials, Financials and Information Technology. IVSS is less expensive with a Total Expense Ratio (TER) of 0.59%, versus 0.83% for OVS. IVSS is up 3.8% year-to-date (YTD) with +$9M in YTD flows. OVS performs better with 4.62% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of IVSS and OVS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
IVSS vs OVS performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IVSS OVS | -4.61%-5.42% | +1.94%+0.49% | +3.80%+4.62% | n/a+23.49% | n/a+45.28% | n/a+18.38% |
| Flows | IVSS OVS | +$3M+$752K | +$11M+$2M | +$9M+$2M | -+$5M | -+$9M | -+$13M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IVSS OVS | +15.00%+18.36% | n/a+24.76% | n/a+22.49% | n/a+23.42% |
| Max drawdown | IVSS OVS | -5.09%-5.54% | n/a-17.85% | n/a-30.33% | n/a-30.41% |
| Max drawdown duration | IVSS OVS | 16d29d | n/a77d | n/a380d | n/a995d |
IVSS | OVS | |
Last sale 3/12/2026 at 1:30 PM | $25.63 | $35.86 |
| Previous close 03/11/2026 | $26.09 | $36.66 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
IVSS | OVS | |
|---|---|---|
| Last price | $25.63 | $35.86 |
| 1D performance | -1.75% | -2.20% |
| AuM | $15.04 M | $18.69 M |
| E/R | 0.59% | 0.83% |
IVSS | OVS | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Applied Finance | Overlay Shares |
| Benchmark | - | - |
| N° of holdings | 320 | 559 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 3, 2025 | September 25, 2019 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the IVSS and OVS ETFs performed in 2026?
As of March 10, 2026, IVSS is up 3.8% year-to-date (YTD), while OVS has returned 4.62%. That puts OVS better performer ahead so far this year.
Which ETF is attracting more investor money: IVSS or OVS?
Year-to-date, the IVSS ETF saw +$9M in flows, compared to +$2M for OVS.
Which ETF is bigger: IVSS or OVS?
As of March 10, 2026, IVSS holds $15.04 M in assets under management (AUM), while OVS manages $18.69 M.
What sectors do the IVSS and OVS ETFs invest in?
IVSS leans toward sectors like Information Technology, Industrials and Financials. Meanwhile, OVS focuses on Industrials, Financials and Information Technology.
What are the top holdings of the IVSS ETF and OVS ETF?
IVSS top holdings include RYMAN HOSPITALITY PROPERTIES, MAXIMUS and ENSIGN GROUP. OVS holds in its top three: US0669224778, ADVANCED ENERGY INDUSTRIES and US83443Q1031.
Which ETF is more diversified: IVSS or OVS?
IVSS holds 323 securities with 20.21% of its assets in the top 15. OVS has 604 securities and a top 15 weight of 8.88%.
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