OVLHvsXBAPETF Comparison
VS
ETF 2
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
This fund is part of
Options Strategies
+0.69%
Overlay Shares Hedged Large Cap Equity ETF (OVLH) and Innovator U.S. Equity Accelerated 9 Buffer ETF - April (XBAP) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. OVLH is more expensive with a Total Expense Ratio (TER) of 0.8%, versus 0.79% for XBAP. OVLH is up 6.38% year-to-date (YTD) with +$5M in YTD flows. XBAP performs better with 8.15% YTD performance, and -$16M in YTD flows. Run a side-by-side ETF comparison of OVLH and XBAP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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OVLH vs XBAP performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OVLH XBAP | +0.50%+0.72% | +9.00%+6.95% | +6.38%+8.15% | +17.15%+15.42% | +54.37%+45.60% | +58.40%+60.51% |
| Flows | OVLH XBAP | +$400K- | +$7M-$5M | +$5M-$16M | +$29M-$140M | -$11M-$202K | +$73M+$38M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OVLH XBAP | +10.50%+5.02% | +8.43%+3.41% | +9.50%+8.01% | +11.32%+10.39% |
| Max drawdown | OVLH XBAP | -3.41%-1.31% | -6.25%-1.31% | -9.59%-8.27% | -20.03%-14.74% |
| Max drawdown duration | OVLH XBAP | 16d10d | 78d10d | 134d37d | 771d407d |
Trading data
OVLH | XBAP | |
Last sale 6/18/2026 at 1:30 PM | $41.89 | $41.75 |
| Previous close 06/18/2026 | $41.54 | $41.64 |
| Consolidated volume 06/18/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
OVLH | XBAP | |
|---|---|---|
| Last price | $41.89 | $41.75 |
| 1D performance | +0.84% | +0.27% |
| AuM | $115.03 M | $133.76 M |
| E/R | 0.8% | 0.79% |
Characteristics
OVLH | XBAP | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Overlay Shares | Innovator |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 15, 2021 | April 1, 2021 |
| ESG | No | No |
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Exposure
Countries
OVLH
USA
94.91%
Other
5.09%
XBAP
USA
100.17%
Other
-0.17%
Sectors
OVLH
Information Techn.
34.97%
Communication Ser.
10.76%
Consumer Discreti.
9.91%
Financials
9.56%
Health Care
8.21%
Industrials
7.92%
Other
18.66%
XBAP
Information Techn.
36.91%
Communication Ser.
11.36%
Consumer Discreti.
10.46%
Financials
10.09%
Health Care
8.66%
Industrials
8.36%
Other
14.16%
Diversification
OVLH
Total weight of top 15 holdings out of 15
42.96%
XBAP
Total weight of top 15 holdings out of 15
45.34%
Top 15 holdings
Data as of April 30, 2026
OVLH
NVIDIA
7.70%
APPLE
6.32%
MICROSOFT-T
4.80%
AMAZON.COM INC
4.11%
ALPHABET INC-CL
3.55%
BROADCOM LIMITED
3.14%
ALPHABET INC-CL
2.83%
META PLATFORMS
2.12%
TESLA
1.70%
BERKSHIRE HATHWAY
1.38%
JPMORGAN CHASE
1.25%
LILLY
1.18%
EXXON
1.02%
MICRON TECHNOLOGY
0.92%
WALMART INC
0.92%
XBAP
NVIDIA
8.12%
APPLE
6.67%
MICROSOFT-T
5.07%
AMAZON.COM INC
4.34%
ALPHABET INC-CL
3.75%
BROADCOM LIMITED
3.31%
ALPHABET INC-CL
2.99%
META PLATFORMS
2.24%
TESLA
1.80%
BERKSHIRE HATHWAY
1.45%
JPMORGAN CHASE
1.32%
LILLY
1.24%
EXXON
1.08%
MICRON TECHNOLOGY
0.97%
WALMART INC
0.97%
Frequently asked questions about OVLH and XBAP
How have the OVLH and XBAP ETFs performed in 2026?
As of June 18, 2026, OVLH is up 6.38% year-to-date (YTD), while XBAP has returned 8.15%. That puts XBAP better performer ahead so far this year.
Which ETF is attracting more investor money: OVLH or XBAP?
Year-to-date, the OVLH ETF saw +$5M in flows, compared to -$16M for XBAP.
Which ETF is more volatile: OVLH or XBAP?
Over the past year, OVLH had a volatility of 8.43%, while XBAP experienced 3.41%.
Which ETF is bigger: OVLH or XBAP?
As of June 18, 2026, OVLH holds $115.03 M in assets under management (AUM), while XBAP manages $133.76 M.
What sectors do the OVLH and XBAP ETFs invest in?
OVLH leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, XBAP focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the OVLH ETF and XBAP ETF?
OVLH top holdings include NVIDIA, APPLE and MICROSOFT-T. XBAP holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: OVLH or XBAP?
OVLH holds 503 securities with 42.96% of its assets in the top 15. XBAP has 503 securities and a top 15 weight of 45.34%.
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