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OVLvsKHPIETF Comparison
Overlay Shares Large Cap Equity ETF (OVL) and Kensington Hedged Premium Income ETF (KHPI) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. OVL is less expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.96% for KHPI. OVL is down -2.21% year-to-date (YTD) with -$103K in YTD flows. KHPI performs better with -0.98% YTD performance, and +$75M in YTD flows. Run a side-by-side ETF comparison of OVL and KHPI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
OVL vs KHPI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OVL KHPI | -2.69%-1.38% | -1.64%-1.03% | -2.21%-0.98% | +24.47%+12.77% | +85.93%n/a | +78.63%n/a |
| Flows | OVL KHPI | +$2M+$29M | -$2M+$92M | -$103K+$75M | -$17M+$219M | -$33M- | -$10M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OVL KHPI | +14.52%+5.86% | +20.43%+9.50% | +16.96%n/a | +18.83%n/a |
| Max drawdown | OVL KHPI | -4.80%-2.64% | -15.55%-6.95% | -21.55%n/a | -28.68%n/a |
| Max drawdown duration | OVL KHPI | 16d16d | 45d45d | 133dn/a | 745dn/a |
OVL | KHPI | |
Last sale 3/13/2026 at 1:30 PM | $51.08 | $25.05 |
| Previous close 03/12/2026 | $51.54 | $25.16 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
OVL | KHPI | |
|---|---|---|
| Last price | $51.08 | $25.05 |
| 1D performance | -0.89% | -0.44% |
| AuM | $173.84 M | $329.16 M |
| E/R | 0.79% | 0.96% |
OVL | KHPI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Overlay Shares | Kensington Asset Management |
| Benchmark | - | - |
| N° of holdings | 479 | 479 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 25, 2019 | September 3, 2024 |
| 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 OVL and KHPI ETFs performed in 2026?
As of March 13, 2026, OVL is down -2.21% year-to-date (YTD), while KHPI has lost -0.98%. That puts KHPI better performer ahead so far this year.
Which ETF is attracting more investor money: OVL or KHPI?
Year-to-date, the OVL ETF saw -$103K in flows, compared to +$75M for KHPI.
Which ETF is more volatile: OVL or KHPI?
Over the past year, OVL had a volatility of 20.43%, while KHPI experienced 9.5%.
Which ETF is bigger: OVL or KHPI?
As of March 13, 2026, OVL holds $173.84 M in assets under management (AUM), while KHPI manages $329.16 M.
What sectors do the OVL and KHPI ETFs invest in?
OVL leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, KHPI focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the OVL ETF and KHPI ETF?
OVL top holdings include NVIDIA, APPLE and MICROSOFT-T. KHPI holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: OVL or KHPI?
OVL holds 503 securities with 43.91% of its assets in the top 15. KHPI has 503 securities and a top 15 weight of 43.79%.
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