OVMvsIALTETF Comparison
Overlay Shares Municipal Bond ETF (OVM) and iShares Systematic Alternatives Active ETF (IALT) belong to the same industry segment: Multi-Asset: Other. OVM is less expensive with a Total Expense Ratio (TER) of 0.81%, versus 0.99% for IALT. OVM is up 0.06% year-to-date (YTD) with +$11M in YTD flows. IALT performs better with 17.71% YTD performance, and +$7.33B in YTD flows. Run a side-by-side ETF comparison of OVM and IALT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
OVM vs IALT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OVM IALT | +0.14%+0.89% | -3.26%+4.50% | +0.06%+17.71% | +0.97%n/a | +16.02%n/a | +2.73%n/a |
| Flows | OVM IALT | -$209K+$1.72B | +$2M+$2.37B | +$11M+$7.33B | +$15M- | +$32M- | +$37M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OVM IALT | +6.64%+5.33% | +5.01%n/a | +5.32%n/a | +5.39%n/a |
| Max drawdown | OVM IALT | -5.60%-1.97% | -6.33%n/a | -8.08%n/a | -15.59%n/a |
| Max drawdown duration | OVM IALT | 64d15d | 102dn/a | 306dn/a | 1392dn/a |
OVM | IALT | |
Last sale 10/16/2026 at 1:30 PM | $20.69 | $29.71 |
| Previous close 10/15/2026 | $20.74 | $29.88 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
OVM | IALT | |
|---|---|---|
| Last price | $20.69 | $29.71 |
| 1D performance | -0.27% | -0.57% |
| AuM | $43.51 M | $7.66 B |
| E/R | 0.81% | 0.99% |
OVM | IALT | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Overlay Shares | iShares |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 25, 2019 | December 10, 2025 |
| ESG | No | No |