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OVLvsXYLGETF Comparison
Overlay Shares Large Cap Equity ETF (OVL) and Global X S&P 500 Covered Call & Growth ETF (XYLG) 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 more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.35% for XYLG. OVL is down -2.21% year-to-date (YTD) with -$103K in YTD flows. XYLG performs better with -1.64% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of OVL and XYLG 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 XYLG performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OVL XYLG | -2.69%-2.03% | -1.64%-0.86% | -2.21%-1.64% | +24.47%+17.78% | +85.93%+58.65% | +78.63%+59.57% |
| Flows | OVL XYLG | +$2M-$276K | -$2M+$4M | -$103K+$2M | -$17M+$4M | -$33M+$8M | -$10M+$65M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OVL XYLG | +14.52%+9.69% | +20.43%+15.72% | +16.96%+12.21% | +18.83%+13.94% |
| Max drawdown | OVL XYLG | -4.80%-3.57% | -15.55%-12.29% | -21.55%-17.16% | -28.68%-21.24% |
| Max drawdown duration | OVL XYLG | 16d16d | 45d48d | 133d154d | 745d736d |
OVL | XYLG | |
Last sale 3/13/2026 at 1:30 PM | $51.08 | $26.75 |
| Previous close 03/12/2026 | $51.54 | $26.91 |
| 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 | XYLG | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
OVL | XYLG | |
|---|---|---|
| Last price | $51.08 | $26.75 |
| 1D performance | -0.89% | -0.59% |
| AuM | $173.84 M | $62.94 M |
| E/R | 0.79% | 0.35% |
OVL | XYLG | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Overlay Shares | Global X |
| Benchmark | - | CBOE S&P 500 Half BuyWrite Index |
| N° of holdings | 479 | 479 |
| Asset class | - | Alternative |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 25, 2019 | June 21, 2013 |
| 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 XYLG ETFs performed in 2026?
As of March 13, 2026, OVL is down -2.21% year-to-date (YTD), while XYLG has lost -1.64%. That puts XYLG better performer ahead so far this year.
Which ETF is attracting more investor money: OVL or XYLG?
Year-to-date, the OVL ETF saw -$103K in flows, compared to +$2M for XYLG.
Which ETF is more volatile: OVL or XYLG?
Over the past year, OVL had a volatility of 20.43%, while XYLG experienced 15.72%.
Which ETF is bigger: OVL or XYLG?
As of March 13, 2026, OVL holds $173.84 M in assets under management (AUM), while XYLG manages $62.94 M.
What sectors do the OVL and XYLG ETFs invest in?
OVL leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, XYLG focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the OVL ETF and XYLG ETF?
OVL top holdings include NVIDIA, APPLE and MICROSOFT-T. XYLG holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: OVL or XYLG?
OVL holds 503 securities with 43.91% of its assets in the top 15. XYLG has 502 securities and a top 15 weight of 44.33%.
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