Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
OVLHvsSPYMETF Comparison
Overlay Shares Hedged Large Cap Equity ETF (OVLH) belongs to the Options Strategies segment. State Street SPDR Portfolio S&P 500 ETF (SPYM) is part of the US Large Cap segment. OVLH's top 3 sector exposures are Information Technology, Communication Services and Consumer Discretionary. In contrast, SPYM's top sector exposures are Information Technology, Communication Services and Financials. OVLH is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.02% for SPYM. OVLH is down -0.86% year-to-date (YTD) with -$3M in YTD flows. SPYM performs better with -0.78% YTD performance, and +$11.00B in YTD flows. Run a side-by-side ETF comparison of OVLH and SPYM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
OVLH vs SPYM performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OVLH SPYM | -1.74%-2.26% | -1.76%-1.52% | -0.86%-0.78% | +17.75%+23.12% | +60.43%+83.13% | +53.96%+84.76% |
| Flows | OVLH SPYM | -$3M+$2.47B | -$1M+$8.66B | -$3M+$11.00B | +$51M+$37.35B | -$18M+$68.80B | +$69M+$75.31B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OVLH SPYM | +7.82%+11.51% | +9.88%+18.16% | +9.62%+14.78% | +11.26%+16.81% |
| Max drawdown | OVLH SPYM | -2.28%-3.28% | -5.00%-13.70% | -9.59%-18.74% | -20.03%-24.50% |
| Max drawdown duration | OVLH SPYM | 43d43d | 29d45d | 134d126d | 771d708d |
OVLH | SPYM | |
Last sale 3/11/2026 at 6:17 PM | $38.99 | |
| Previous close 03/11/2026 | $39.04 | |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
OVLH | SPYM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
OVLH | SPYM | |
|---|---|---|
| Last price | $38.99 | – |
| 1D performance | -0.15% | – |
| AuM | $99.40 M | $106.84 B |
| E/R | 0.85% | 0.02% |
OVLH | SPYM | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Overlay Shares | SPDR |
| Benchmark | - | S&P 500 Index |
| N° of holdings | 479 | 479 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 15, 2021 | November 8, 2005 |
| 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 OVLH and SPYM ETFs performed in 2026?
As of March 11, 2026, OVLH is down -0.86% year-to-date (YTD), while SPYM has lost -0.78%. That puts SPYM better performer ahead so far this year.
Which ETF is attracting more investor money: OVLH or SPYM?
Year-to-date, the OVLH ETF saw -$3M in flows, compared to +$11.00B for SPYM.
Which ETF is more volatile: OVLH or SPYM?
Over the past year, OVLH had a volatility of 9.88%, while SPYM experienced 18.16%.
Which ETF is bigger: OVLH or SPYM?
As of March 11, 2026, OVLH holds $99.40 M in assets under management (AUM), while SPYM manages $106.84 B.
What sectors do the OVLH and SPYM ETFs invest in?
OVLH leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, SPYM focuses on Information Technology, Communication Services and Financials.
What are the top holdings of the OVLH ETF and SPYM ETF?
OVLH top holdings include NVIDIA, APPLE and MICROSOFT-T. SPYM holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: OVLH or SPYM?
OVLH holds 503 securities with 43.08% of its assets in the top 15. SPYM has 503 securities and a top 15 weight of 44.01%.
Calamos Investments Powers the Next Phase of the Autocallable Revolution
Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.
Accepted for 1 CE Credit
