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OVLvsXRMIETF Comparison
Overlay Shares Large Cap Equity ETF (OVL) and Global X S&P 500 Risk Managed Income ETF (XRMI) belong to the same industry segment: Options Strategies. OVL's top 3 sector exposures are Information Technology, Communication Services and Consumer Discretionary. In contrast, XRMI's top sector exposures are Information Technology, Communication Services and Financials. OVL is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.6% for XRMI. OVL is down -2.21% year-to-date (YTD) with -$103K in YTD flows. XRMI performs better with -0.64% YTD performance, and +$159K in YTD flows. Run a side-by-side ETF comparison of OVL and XRMI 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 XRMI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OVL XRMI | -2.69%-1.04% | -1.64%+0.30% | -2.21%-0.64% | +24.47%+6.31% | +85.93%+23.63% | +78.63%n/a |
| Flows | OVL XRMI | +$2M+$1M | -$2M+$159K | -$103K+$159K | -$17M+$270K | -$33M+$23M | -$10M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OVL XRMI | +14.52%+5.31% | +20.43%+5.90% | +16.96%+5.71% | +18.83%n/a |
| Max drawdown | OVL XRMI | -4.80%-2.09% | -15.55%-4.81% | -21.55%-7.98% | -28.68%n/a |
| Max drawdown duration | OVL XRMI | 16d16d | 45d135d | 133d274d | 745dn/a |
OVL | XRMI | |
Last sale 3/13/2026 at 1:30 PM | $51.08 | $17.45 |
| Previous close 03/12/2026 | $51.54 | $17.53 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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OVL | XRMI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
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OVL | XRMI | |
|---|---|---|
| Last price | $51.08 | $17.45 |
| 1D performance | -0.89% | -0.43% |
| AuM | $173.84 M | $42.70 M |
| E/R | 0.79% | 0.6% |
OVL | XRMI | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Overlay Shares | Global X |
| Benchmark | - | Cboe S&P 500 Risk Managed Income Index |
| N° of holdings | 479 | 479 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 25, 2019 | August 25, 2021 |
| 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 XRMI ETFs performed in 2026?
As of March 13, 2026, OVL is down -2.21% year-to-date (YTD), while XRMI has lost -0.64%. That puts XRMI better performer ahead so far this year.
Which ETF is attracting more investor money: OVL or XRMI?
Year-to-date, the OVL ETF saw -$103K in flows, compared to +$159K for XRMI.
Which ETF is more volatile: OVL or XRMI?
Over the past year, OVL had a volatility of 20.43%, while XRMI experienced 5.9%.
Which ETF is bigger: OVL or XRMI?
As of March 13, 2026, OVL holds $173.84 M in assets under management (AUM), while XRMI manages $42.70 M.
What sectors do the OVL and XRMI ETFs invest in?
OVL leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, XRMI focuses on Information Technology, Communication Services and Financials.
What are the top holdings of the OVL ETF and XRMI ETF?
OVL top holdings include NVIDIA, APPLE and MICROSOFT-T. XRMI holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: OVL or XRMI?
OVL holds 503 securities with 43.91% of its assets in the top 15. XRMI has 502 securities and a top 15 weight of 44.48%.
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