OVMvsFPEETF Comparison
VS
Overlay Shares Municipal Bond ETF (OVM) and First Trust Preferred Securities and Income ETF (FPE) belong to the same industry segment: Multi-Asset: Other. In contrast, FPE's top sector exposures are Finance, Utilities and Telecommunications. OVM is less expensive with a Total Expense Ratio (TER) of 0.81%, versus 0.83% for FPE. OVM is up 0.41% year-to-date (YTD) with +$11M in YTD flows. FPE performs worse with -0.96% YTD performance, and -$29M in YTD flows. Run a side-by-side ETF comparison of OVM and FPE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
OVM vs FPE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OVM FPE | +0.30%-1.93% | -3.18%-3.30% | +0.41%-0.96% | +1.57%-0.38% | +16.42%+28.91% | +3.14%+8.59% |
| Flows | OVM FPE | -$209K-$145M | +$2M-$140M | +$11M-$29M | +$15M+$111M | +$32M+$545M | +$37M-$335M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OVM FPE | +6.62%+3.26% | +5.00%+3.00% | +5.32%+3.39% | +5.39%+5.38% |
| Max drawdown | OVM FPE | -5.76%-3.89% | -6.33%-3.89% | -8.08%-4.02% | -15.59%-21.21% |
| Max drawdown duration | OVM FPE | 92d87d | 101d87d | 306d92d | 1392d1039d |
Trading data
OVM | FPE | |
Last sale 10/15/2026 at 5:28 PM | $20.74 | $17.09 |
| Previous close 10/15/2026 | $20.65 | $17.10 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/15/2026 at 5:28 PM
Live
Closed
OVM | FPE | |
|---|---|---|
| Last price | $20.74 | $17.09 |
| 1D performance | +0.47% | -0.09% |
| AuM | $43.66 M | $5.90 B |
| E/R | 0.81% | 0.83% |
Characteristics
OVM | FPE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Overlay Shares | First Trust |
| Benchmark | - | - |
| N° of holdings | - | 282 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 25, 2019 | February 11, 2013 |
| ESG | No | No |
Advertisement
Exposure
Countries
OVM
Data will be available soon
FPE
USA
45.87%
Canada
9.83%
Other
44.3%
Sectors
OVM
Data will be available soon
FPE
Finance
58.41%
Utilities
14.54%
Other
27.04%
Advertisement
Diversification
OVM
Data will be available soon
FPE
Total weight of top 15 holdings out of 15
17.83%
Top 15 holdings
Data as of January 1, 1970
OVM
Data will be available soon
FPE
Wells Fargo & Co.
1.91%
Barclays, 8% perp., USD
1.68%
NextEra Energy Capital Holdings, 6.5% 1jun2085, USD (U)
1.29%
Credit Agricole SA, 7.125% perp., USD
1.22%
JP Morgan, 6.875% perp., USD (NN)
1.22%
Xcel Energy, 6.25% 15oct2085, USD
1.21%
Hartford Financial Services, FRN 12feb2067, USD
1.12%
Charles Schwab, 4% perp., USD (H)
1.10%
Goldman Sachs, 7.5% perp., USD (X)
1.06%
American AgCredit ACA, 5.25% perp., USD (A)
1.03%
Bank of Montreal, 7.7% 26may2084, USD
1.02%
Corebridge Financial, 6.375% 15dec2064, USD
1.01%
T-Mobile USA, 5.5% 1mar2070, USD
1.01%
Enstar Group Ltd.
0.99%
DTE Energy, 6.25% 1oct2085, USD (2025 H)
0.96%
Frequently asked questions about OVM and FPE
How have the OVM and FPE ETFs performed in 2026?
As of October 15, 2026, OVM is up 0.41% year-to-date (YTD), while FPE has lost -0.96%. That puts OVM better performer ahead so far this year.
Which ETF is attracting more investor money: OVM or FPE?
Year-to-date, the OVM ETF saw +$11M in flows, compared to -$29M for FPE.
Which ETF is more volatile: OVM or FPE?
Over the past year, OVM had a volatility of 5%, while FPE experienced 3%.
Which ETF is bigger: OVM or FPE?
As of October 15, 2026, OVM holds $43.66 M in assets under management (AUM), while FPE manages $5.90 B.
Advertisement
Latest news about OVM & FPE
Advertisement
