NANC vs OVL

Comparison between UNUSUAL WHALES SUBVERSIVE DEMOCRATIC TRADING ETF (NANC, ETF) and OVERLAY SHARES LARGE CAP EQUITY ETF (OVL, ETF).

NANC vs OVL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NANC(ETF)	OVL(ETF)
Net Assets	$277M	$276M
Expense Ratio	0.72%	0.79%
Max Drawdown	20.94%	35.49%
Sharpe Ratio	1.24	1.59
5Y Beta	1.05	1.11
P/E Ratio	28.04	N/A
Forward P/E	21.79	N/A
PEG Ratio	0.36	N/A
5Y Dividends CAGR	N/A	28.91%
5Y EPS CAGR	28.99%	N/A
Debt to Equity	13.90%	N/A
P/S Ratio	3.49	N/A
P/B Ratio	5.80	N/A

Net Assets

Winner

NANC

$277M

OVL

$276M

Expense Ratio

Winner

NANC

0.72%

OVL

0.79%

Max Drawdown

Winner

NANC

20.94%

OVL

35.49%

Sharpe Ratio

NANC

1.24

Winner

OVL

1.59

5Y Beta

Winner

NANC

1.05

OVL

1.11

P/E Ratio

NANC

28.04

OVL

N/A

Forward P/E

NANC

21.79

OVL

N/A

PEG Ratio

NANC

0.36

OVL

N/A

5Y Dividends CAGR

NANC

N/A

OVL

28.91%

5Y EPS CAGR

NANC

28.99%

OVL

N/A

Debt to Equity

NANC

13.90%

OVL

N/A

P/S Ratio

NANC

3.49

OVL

N/A

P/B Ratio

NANC

5.80

OVL

N/A

NANC vs OVL - Holdings Comparison

NANC and OVL have 1 common holdings. Overlap is 0.45%

NANC's top 25 holdings weight is 73.64%. OVL's top 25 holdings weight is 99.71%.

Rank	NANC	OVL
#1	NVIDIA CORP (NVDA) - 10.45%	VANGUARD S&P 500 ETF (VOO) - 99.26%
#2	MICROSOFT CORP (MSFT) - 7.49%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.45%
#3	ALPHABET INC CLASS C (GOOG) - 5.65%	N/A
#4	AMAZON.COM INC (AMZN) - 5.32%	N/A
#5	APPLE INC (AAPL) - 4.16%	N/A
#6	ARTIVION INC (AORT) - 3.38%	N/A
#7	AMERICAN EXPRESS CO (AXP) - 3.27%	N/A
#8	SALESFORCE INC (CRM) - 2.99%	N/A
#9	PHILIP MORRIS INTERNATIONAL INC (PM) - 2.79%	N/A
#10	CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 2.75%	N/A
#11	NETFLIX INC (NFLX) - 2.59%	N/A
#12	COSTCO WHOLESALE CORP (COST) - 2.42%	N/A
#13	ELI LILLY AND CO (LLY) - 2.40%	N/A
#14	META PLATFORMS INC CLASS A (META) - 2.31%	N/A
#15	APPLIED MATERIALS INC (AMAT) - 2.24%	N/A
#16	VULCAN MATERIALS CO (VMC) - 2.17%	N/A
#17	SS&C TECHNOLOGIES HOLDINGS INC (SSNC) - 1.75%	N/A
#18	D.R. HORTON INC (DHI) - 1.63%	N/A
#19	THE WALT DISNEY CO (DIS) - 1.37%	N/A
#20	JOHNSON & JOHNSON (JNJ) - 1.17%	N/A
#21	BROADCOM INC (AVGO) - 1.17%	N/A
#22	API GROUP CORP (APG) - 1.11%	N/A
#23	ABBOTT LABORATORIES (ABT) - 1.05%	N/A
#24	INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 1.04%	N/A
#25	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.97%	N/A
Total Holdings	131	2

NANC vs OVL - Historical Returns

Returns include dividend reinvestment.

Period	NANC	OVL
1 month	+2.40%	+0.09%
3 months	+13.10%	+12.49%
6 months	+8.16%	+11.22%
1 year	+21.99%	+28.63%
5 years(CAGR)	N/A	+13.69%
Max(CAGR)	+22.30%	+17.44%

Winner

NANC

+2.40%

OVL

+0.09%

Winner

NANC

+13.10%

OVL

+12.49%

NANC

+8.16%

Winner

OVL

+11.22%

NANC

+21.99%

Winner

OVL

+28.63%

5Y(CAGR)

NANC

N/A

OVL

+13.69%

Max(CAGR)

Winner

NANC

+22.30%

OVL

+17.44%

NANC vs OVL - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	NANC	OVL
2026	+7.99%	+10.50%
2025	+18.72%	+18.52%
2024	+28.13%	+28.94%
2023	+20.79%	+28.57%
2022	N/A	-23.37%
2021	N/A	+34.48%
2020	N/A	+18.56%
2019	N/A	+10.84%

NANC vs OVL Drawdown Comparison

The maximum drawdown for NANC was -20.94%, occurring on Apr 8, 2025. Recovery took 86 trading sessions.

The maximum drawdown for OVL was -35.49%, occurring on Mar 20, 2020. Recovery took 118 trading sessions.

The current NANC drawdown is -2.74%. The current OVL drawdown is -3.01%.

Rank	NANC	OVL
#1	-20.94% Feb 19, 2025 - Jun 24, 2025	-35.49% Feb 19, 2020 - Aug 6, 2020
#2	-12.21% Jan 12, 2026 - Apr 22, 2026	-29.24% Jan 3, 2022 - Jan 19, 2024
#3	-11.06% Jul 10, 2024 - Sep 26, 2024	-21.69% Feb 19, 2025 - Jul 3, 2025
#4	-10.17% Jul 19, 2023 - Nov 20, 2023	-10.29% Sep 2, 2020 - Nov 13, 2020
#5	-8.21% Feb 7, 2023 - May 17, 2023	-10.10% Jul 16, 2024 - Sep 19, 2024
#6	-6.93% Mar 22, 2024 - May 15, 2024	-8.73% Jan 28, 2026 - Apr 14, 2026
#7	-5.95% Dec 4, 2024 - Jan 23, 2025	-7.39% Mar 28, 2024 - May 15, 2024
#8	-5.85% Nov 3, 2025 - Jan 6, 2026	-6.38% Oct 29, 2025 - Dec 10, 2025
#9	-5.18% Jun 1, 2026 - Jun 10, 2026	-6.28% Sep 3, 2021 - Oct 21, 2021
#10	-3.07% Dec 18, 2023 - Jan 12, 2024	-5.47% Dec 6, 2024 - Jan 23, 2025
#11	-2.75% Oct 22, 2024 - Nov 6, 2024	-5.24% Jun 2, 2026 - Jun 10, 2026
#12	-2.70% Jun 15, 2023 - Jun 30, 2023	-4.72% Feb 17, 2021 - Mar 11, 2021
#13	-2.67% Oct 8, 2025 - Oct 21, 2025	-4.25% Jan 17, 2020 - Feb 6, 2020
#14	-2.54% Nov 11, 2024 - Nov 26, 2024	-4.15% May 7, 2021 - Jun 4, 2021
#15	-2.37% Jul 25, 2025 - Aug 8, 2025	-3.98% Jan 21, 2021 - Feb 4, 2021