Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
OVLvsVOOETF Comparison
Overlay Shares Large Cap Equity ETF (OVL) belongs to the Options Strategies segment. Vanguard S&P 500 ETF (VOO) is part of the US Large Cap segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. OVL is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.03% for VOO. OVL is down -1.57% year-to-date (YTD) with -$103K in YTD flows. VOO performs worse with -2.29% YTD performance, and +$45.37B in YTD flows. Run a side-by-side ETF comparison of OVL and VOO 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 VOO performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OVL VOO | -1.97%-2.22% | -1.21%-1.98% | -1.57%-2.29% | +23.39%+20.65% | +87.13%+80.36% | +80.90%+81.64% |
| Flows | OVL VOO | +$2M+$18.88B | -$2M+$36.76B | -$103K+$45.37B | -$16M+$148.54B | -$33M+$339.10B | -$10M+$414.44B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OVL VOO | +14.46%+11.73% | +20.48%+18.23% | +16.97%+14.73% | +18.83%+16.99% |
| Max drawdown | OVL VOO | -4.19%-4.22% | -15.55%-13.71% | -21.55%-18.75% | -28.68%-24.52% |
| Max drawdown duration | OVL VOO | 15d44d | 45d45d | 133d126d | 745d708d |
OVL | VOO | |
Last sale 3/13/2026 at 1:30 PM | $51.08 | $609.09 |
| Previous close 03/12/2026 | $51.54 | $612.50 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
OVL | VOO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
OVL | VOO | |
|---|---|---|
| Last price | $51.08 | $609.09 |
| 1D performance | -0.89% | -0.56% |
| AuM | $174.96 M | $858.30 B |
| E/R | 0.79% | 0.03% |
OVL | VOO | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Overlay Shares | Vanguard |
| Benchmark | - | S&P 500 Index |
| N° of holdings | 479 | 479 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 25, 2019 | September 7, 2010 |
| 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 VOO ETFs performed in 2026?
As of March 12, 2026, OVL is down -1.57% year-to-date (YTD), while VOO has lost -2.29%. That puts OVL better performer ahead so far this year.
Which ETF is attracting more investor money: OVL or VOO?
Year-to-date, the OVL ETF saw -$103K in flows, compared to +$45.37B for VOO.
Which ETF is more volatile: OVL or VOO?
Over the past year, OVL had a volatility of 20.48%, while VOO experienced 18.23%.
Which ETF is bigger: OVL or VOO?
As of March 12, 2026, OVL holds $174.96 M in assets under management (AUM), while VOO manages $858.30 B.
What sectors do the OVL and VOO ETFs invest in?
OVL leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, VOO focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the OVL ETF and VOO ETF?
OVL top holdings include NVIDIA, APPLE and MICROSOFT-T. VOO holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: OVL or VOO?
OVL holds 503 securities with 43.91% of its assets in the top 15. VOO has 503 securities and a top 15 weight of 43.9%.
MoneyShow Chart of the Day 2/2/2026: The Wildest Week in Metals Ever?
MoneyShow Chart of the Day 1/28/2026: The Greenback is on the Brink...Again
Notable ETF Filings and Launches Recap: February 2025
Vanguard S&P 500 ETF (VOO) Dethrones SPDR S&P 500 ETF Trust (SPY) as the Largest ETF by AUM
The Fastest Growing and Shrinking ETFs of 2025 So Far
Which ETFs do the Famous Investors Own?
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
