ZMARvsOVLHETF Comparison
ETF 1
ZMAR
Innovator Equity Defined Protection (1Y March) ETF
This fund is part of
Options Strategies
+0.26%
VS
Innovator Equity Defined Protection (1Y March) ETF (ZMAR) 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, Financials and Communication Services. ZMAR is less expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.85% for OVLH. ZMAR is up 1.87% year-to-date (YTD) with +$39M in YTD flows. OVLH performs better with 3.08% YTD performance, and -$4M in YTD flows. Run a side-by-side ETF comparison of ZMAR 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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ZMAR vs OVLH performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ZMAR OVLH | +1.96%+6.52% | +1.39%+1.96% | +1.87%+3.08% | +8.97%+20.18% | n/a+57.30% | n/a+53.03% |
| Flows | ZMAR OVLH | +$32M-$2M | +$44M-$4M | +$39M-$4M | +$18M+$34M | --$19M | -+$66M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ZMAR OVLH | +2.76%+9.49% | +2.24%+8.19% | n/a+9.67% | n/a+11.30% |
| Max drawdown | ZMAR OVLH | -1.24%-6.25% | -1.24%-6.25% | n/a-9.59% | n/a-20.03% |
| Max drawdown duration | ZMAR OVLH | 38d78d | 38d78d | n/a134d | n/a771d |
Trading data
ZMAR | OVLH | |
Last sale 4/27/2026 at 1:30 PM | $27.97 | $40.59 |
| Previous close 04/24/2026 | $27.99 | $40.53 |
| Consolidated volume 04/24/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
ZMAR | OVLH | |
|---|---|---|
| Last price | $27.97 | $40.59 |
| 1D performance | -0.05% | +0.15% |
| AuM | $132.33 M | $102.54 M |
| E/R | 0.79% | 0.85% |
Characteristics
ZMAR | 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 | March 3, 2025 | January 15, 2021 |
| ESG | No | No |
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Exposure
Countries
ZMAR
USA
88.95%
Other
11.05%
OVLH
USA
91.66%
Other
8.34%
Sectors
ZMAR
Information Techn.
31.17%
Financials
9.42%
Communication Ser.
9.41%
Consumer Discreti.
9.21%
Health Care
8.57%
Industrials
7.65%
Other
24.57%
OVLH
Information Techn.
32.12%
Financials
9.71%
Communication Ser.
9.69%
Consumer Discreti.
9.49%
Health Care
8.83%
Industrials
7.88%
Other
22.28%
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Diversification
ZMAR
Total weight of top 15 holdings out of 15
38.99%
OVLH
Total weight of top 15 holdings out of 15
40.18%
Top 15 holdings
Data as of March 31, 2026
ZMAR
NVIDIA
6.97%
APPLE
6.12%
MICROSOFT-T
4.52%
AMAZON.COM INC
3.34%
ALPHABET INC-CL
2.75%
BROADCOM LIMITED
2.41%
ALPHABET INC-CL
2.20%
META PLATFORMS
2.06%
TESLA
1.72%
BERKSHIRE HATHWAY
1.44%
JPMORGAN CHASE
1.23%
LILLY
1.20%
EXXON
1.17%
JOHNSON&JOHNSON
0.97%
WALMART INC
0.90%
OVLH
NVIDIA
7.18%
APPLE
6.31%
MICROSOFT-T
4.65%
AMAZON.COM INC
3.45%
ALPHABET INC-CL
2.84%
BROADCOM LIMITED
2.49%
ALPHABET INC-CL
2.27%
META PLATFORMS
2.12%
TESLA
1.77%
BERKSHIRE HATHWAY
1.49%
JPMORGAN CHASE
1.27%
LILLY
1.23%
EXXON
1.20%
JOHNSON&JOHNSON
1.00%
WALMART INC
0.92%
Frequently asked questions about ZMAR and OVLH
How have the ZMAR and OVLH ETFs performed in 2026?
As of April 24, 2026, ZMAR is up 1.87% year-to-date (YTD), while OVLH has returned 3.08%. That puts OVLH better performer ahead so far this year.
Which ETF is attracting more investor money: ZMAR or OVLH?
Year-to-date, the ZMAR ETF saw +$39M in flows, compared to -$4M for OVLH.
Which ETF is more volatile: ZMAR or OVLH?
Over the past year, ZMAR had a volatility of 2.24%, while OVLH experienced 8.19%.
Which ETF is bigger: ZMAR or OVLH?
As of April 24, 2026, ZMAR holds $132.33 M in assets under management (AUM), while OVLH manages $102.54 M.
What sectors do the ZMAR and OVLH ETFs invest in?
ZMAR leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, OVLH focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the ZMAR ETF and OVLH ETF?
ZMAR top holdings include NVIDIA, APPLE and MICROSOFT-T. OVLH holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: ZMAR or OVLH?
ZMAR holds 503 securities with 38.99% of its assets in the top 15. OVLH has 503 securities and a top 15 weight of 40.18%.
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