OVSvsRFLRETF Comparison
VS
Overlay Shares Small Cap Equity ETF (OVS) and Innovator U.S. Small Cap Managed Floor ETF (RFLR) belong to the same industry segment: Options Strategies. OVS's top 3 sector exposures are Industrials, Financials and Information Technology. In contrast, RFLR's top sector exposures are Financials, Health Care and Industrials. OVS is less expensive with a Total Expense Ratio (TER) of 0.83%, versus 0.89% for RFLR. OVS is up 16.24% year-to-date (YTD) with +$2M in YTD flows. RFLR performs worse with 6.14% YTD performance, and +$32M in YTD flows. Run a side-by-side ETF comparison of OVS and RFLR 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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OVS vs RFLR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OVS RFLR | +14.46%+5.89% | +9.43%+3.09% | +16.24%+6.14% | +44.22%+27.54% | +58.52%n/a | +34.36%n/a |
| Flows | OVS RFLR | -+$12M | +$2M+$22M | +$2M+$32M | +$4M+$52M | +$9M- | +$12M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OVS RFLR | +20.04%+13.89% | +19.71%+12.56% | +22.41%n/a | +23.33%n/a |
| Max drawdown | OVS RFLR | -8.40%-5.60% | -8.59%-5.65% | -30.33%n/a | -30.41%n/a |
| Max drawdown duration | OVS RFLR | 59d48d | 36d43d | 380dn/a | 995dn/a |
Trading data
OVS | RFLR | |
Last sale 4/30/2026 at 6:40 PM | $40.03 | $30.24 |
| Previous close 04/29/2026 | $39.28 | $30.16 |
| Consolidated volume 04/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 4/30/2026 at 6:40 PM
Live
Closed
OVS | RFLR | |
|---|---|---|
| Last price | $40.03 | $30.24 |
| 1D performance | +1.91% | +0.25% |
| AuM | $20.40 M | $76.88 M |
| E/R | 0.83% | 0.89% |
Characteristics
OVS | RFLR | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Overlay Shares | Innovator |
| Benchmark | - | - |
| N° of holdings | 559 | 743 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 25, 2019 | September 16, 2024 |
| ESG | No | No |
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Exposure
Countries
OVS
USA
97.78%
Other
2.22%
RFLR
USA
88.81%
Other
11.19%
Sectors
OVS
Industrials
16.26%
Financials
15.9%
Information Techn.
13.18%
Consumer Discreti.
13.15%
Health Care
10.11%
Other
31.4%
RFLR
Financials
14.94%
Health Care
13.65%
Industrials
13.11%
Information Techn.
12.63%
Consumer Discreti.
9.27%
Other
36.4%
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Diversification
OVS
Total weight of top 15 holdings out of 15
8.22%
RFLR
Total weight of top 15 holdings out of 15
4.68%
Top 15 holdings
Data as of March 31, 2026
OVS
US0669224778
1.36%
EASTMAN CHEMICAL
0.57%
ELEMENT SOLUTIONS INC
0.51%
PRIMORIS SERVICES
0.50%
VIAVI SOLUTIONS INC
0.50%
ARGAN
0.49%
LKQ
0.49%
FORMFACTOR
0.49%
JACKSON FINANCIAL INC
0.49%
ESCO TECHNOLOGIES
0.48%
MATCH GROUP
0.47%
CELANESE SR
0.47%
SEMTECH
0.46%
ARMSTRONG WORLD INDUSTRIES
0.46%
SANMINA CORP
0.46%
RFLR
SM ENERGY
0.47%
US92333F1012
0.36%
PAR PACIFIC HOLDINGS INC
0.33%
TERNS PHARMACEUTICALS
0.33%
SILICON LABS
0.32%
PBF ENERGY INC (ORDINARY)
0.32%
CNX RESOURCES CORP
0.30%
PLANET LABS PBC
0.30%
SPIRE INC
0.30%
VIAVI SOLUTIONS INC
0.29%
ENERSYS
0.28%
WORKIVA INC
0.27%
COMMVAULT SYSTEMS
0.27%
CELCUITY INC
0.27%
ROBERT HALF
0.27%
Frequently asked questions about OVS and RFLR
How have the OVS and RFLR ETFs performed in 2026?
As of April 30, 2026, OVS is up 16.24% year-to-date (YTD), while RFLR has returned 6.14%. That puts OVS better performer ahead so far this year.
Which ETF is attracting more investor money: OVS or RFLR?
Year-to-date, the OVS ETF saw +$2M in flows, compared to +$32M for RFLR.
Which ETF is more volatile: OVS or RFLR?
Over the past year, OVS had a volatility of 19.71%, while RFLR experienced 12.56%.
Which ETF is bigger: OVS or RFLR?
As of April 30, 2026, OVS holds $20.40 M in assets under management (AUM), while RFLR manages $76.88 M.
What sectors do the OVS and RFLR ETFs invest in?
OVS leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, RFLR focuses on Financials, Health Care and Industrials.
What are the top holdings of the OVS ETF and RFLR ETF?
OVS top holdings include US0669224778, EASTMAN CHEMICAL and ELEMENT SOLUTIONS INC. RFLR holds in its top three: SM ENERGY, US92333F1012 and PAR PACIFIC HOLDINGS INC.
Which ETF is more diversified: OVS or RFLR?
OVS holds 604 securities with 8.22% of its assets in the top 15. RFLR has 833 securities and a top 15 weight of 4.68%.
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Latest news about OVS & RFLR
How Innovator's "Managed Floor" ETFs Can Fit Into a 40/30/30 Portfolio
October 3, 2024
RFLR
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