XTAPvsOVLHETF Comparison
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Innovator U.S. Equity Accelerated Plus ETF (XTAP) and Overlay Shares Hedged Large Cap Equity ETF (OVLH) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. XTAP is less expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.8% for OVLH. XTAP is up 11.01% year-to-date (YTD) with -$2M in YTD flows. OVLH performs worse with 6.11% YTD performance, and +$5M in YTD flows. Run a side-by-side ETF comparison of XTAP and OVLH 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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XTAP vs OVLH performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/22/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XTAP OVLH | +0.35%-0.39% | +9.45%+9.41% | +11.01%+6.11% | +20.03%+16.23% | +61.03%+54.32% | +67.86%+55.54% |
| Flows | XTAP OVLH | -+$400K | +$1M+$7M | -$2M+$5M | -$7M+$29M | +$3M-$11M | +$7M+$72M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XTAP OVLH | +7.12%+10.42% | +4.77%+8.42% | +11.10%+9.50% | +14.89%+11.31% |
| Max drawdown | XTAP OVLH | -1.79%-3.41% | -1.79%-6.25% | -11.42%-9.59% | -22.36%-20.03% |
| Max drawdown duration | XTAP OVLH | 10d20d | 10d78d | 37d134d | 589d771d |
Trading data
XTAP | OVLH | |
Last sale 6/23/2026 at 1:30 PM | $44.76 | $41.49 |
| Previous close 06/22/2026 | $45.13 | $41.72 |
| Consolidated volume 06/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 6/23/2026 at 1:30 PM
Live
Closed
XTAP | OVLH | |
|---|---|---|
| Last price | $44.76 | $41.49 |
| 1D performance | -0.81% | -0.56% |
| AuM | $22.57 M | $114.74 M |
| E/R | 0.79% | 0.8% |
Characteristics
XTAP | OVLH | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Innovator | Overlay Shares |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 1, 2021 | January 15, 2021 |
| ESG | No | No |
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Exposure
Countries
XTAP
USA
98.19%
Other
1.81%
OVLH
USA
94.91%
Other
5.09%
Sectors
XTAP
Information Techn.
36.19%
Communication Ser.
11.14%
Consumer Discreti.
10.26%
Financials
9.89%
Health Care
8.49%
Industrials
8.2%
Other
15.85%
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%
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Diversification
XTAP
Total weight of top 15 holdings out of 15
44.44%
OVLH
Total weight of top 15 holdings out of 15
42.96%
Top 15 holdings
Data as of April 30, 2026
XTAP
NVIDIA
7.96%
APPLE
6.54%
MICROSOFT-T
4.97%
AMAZON.COM INC
4.25%
ALPHABET INC-CL
3.68%
BROADCOM LIMITED
3.25%
ALPHABET INC-CL
2.93%
META PLATFORMS
2.20%
TESLA
1.76%
BERKSHIRE HATHWAY
1.43%
JPMORGAN CHASE
1.29%
LILLY
1.22%
EXXON
1.06%
MICRON TECHNOLOGY
0.96%
WALMART INC
0.95%
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%
Frequently asked questions about XTAP and OVLH
How have the XTAP and OVLH ETFs performed in 2026?
As of June 22, 2026, XTAP is up 11.01% year-to-date (YTD), while OVLH has returned 6.11%. That puts XTAP better performer ahead so far this year.
Which ETF is attracting more investor money: XTAP or OVLH?
Year-to-date, the XTAP ETF saw -$2M in flows, compared to +$5M for OVLH.
Which ETF is more volatile: XTAP or OVLH?
Over the past year, XTAP had a volatility of 4.77%, while OVLH experienced 8.42%.
Which ETF is bigger: XTAP or OVLH?
As of June 22, 2026, XTAP holds $22.57 M in assets under management (AUM), while OVLH manages $114.74 M.
What sectors do the XTAP and OVLH ETFs invest in?
XTAP leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, OVLH focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the XTAP ETF and OVLH ETF?
XTAP top holdings include NVIDIA, APPLE and MICROSOFT-T. OVLH holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: XTAP or OVLH?
XTAP holds 503 securities with 44.44% of its assets in the top 15. OVLH has 503 securities and a top 15 weight of 42.96%.
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