Overlay Shares Small Cap Equity ETF
OVS
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 5141 Virginia Way, Suite 150 Brentwood TN United States of America 37027
- IPO Date
- Oct 1, 2019
- CIK
- 0001683471
- Website
- overlayshares.com
- Similar Companies
- Business
- Overlay Shares Small Cap Equity ETF (OVS) is an actively managed exchange-traded fund that provides exposure to small-cap U.S. equities through passive investments tracking the S&P SmallCap 600 Index, combined with an active risk-managed put spread option overlay strategy involving the sale of short-term put options with a notional value up to 100% of net assets and the purchase of identical-numbered long puts at lower strike prices, primarily on equity index options to generate additional income while seeking to mitigate downside risk. The fund's core offerings focus on capital appreciation from small-cap equity holdings and income from option premiums, targeting investors seeking enhanced returns in the U.S. small blend equity segment with a distribution rate of approximately 3.45%, a 30-day SEC yield of 1.19%, and an expense ratio of 0.83% as of December 2025; it complements a suite of sibling ETFs from the same issuer including Overlay Shares Large Cap Equity ETF (OVL), Foreign Equity ETF (OVF), Hedged Large Cap Equity ETF (OVLH), Core Bond ETF (OVB), Short Term Bond ETF (OVT), and Municipal Bond ETF (OVM). Launched on September 30, 2019, OVS operates primarily in the U.S. market and is managed by Liquid Strategies LLC, an Atlanta, Georgia-based investment adviser founded in 2013 and headquartered at 3550 Lenox Rd NE, Suite 2550, with total assets under management across its Overlay Shares ETFs exceeding $1.4 billion as of late 2025. In recent developments, the Overlay Shares family announced significant strategic changes including a shift in the investment objective and strategy for sister fund OVLH effective December 31, 2025, to emphasize long-term capital appreciation with market risk mitigation by eliminating put option selling, alongside milestones such as OVLH surpassing $100 million in assets in November 2025, reflecting ongoing portfolio evolution and growth in the overlay ETF platform.