OCTZ vs OVM

Comparison between TRUESHARES STRUCTURED OUTCOME (OCTOBER) ETF (OCTZ, ETF) and OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF).

5-Year PerformanceOCTZ has outperformed OVM, delivering a return of +9.9% compared to +0.9%

OCTZ vs OVM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OCTZ(ETF)	OVM(ETF)
Net Assets	$43M	$43M
Expense Ratio	0.79%	0.81%
Max Drawdown	15.82%	24.24%
Sharpe Ratio	1.02	1.03
5Y Beta	0.74	0.18
5Y Dividends CAGR	N/A	6.82%

Net Assets

OCTZ

$43M

OVM

$43M

Expense Ratio

Winner

OCTZ

0.79%

OVM

0.81%

Max Drawdown

Winner

OCTZ

15.82%

OVM

24.24%

Sharpe Ratio

OCTZ

1.02

Winner

OVM

1.03

5Y Beta

OCTZ

0.74

Winner

OVM

0.18

5Y Dividends CAGR

OCTZ

N/A

OVM

6.82%

OCTZ vs OVM - Historical Returns

Returns include dividend reinvestment.

Period	OCTZ	OVM
1 month	+0.07%	-1.73%
3 months	+3.31%	-1.17%
6 months	+5.42%	+0.97%
1 year	+12.70%	+7.54%
5 years(CAGR)	+9.87%	+0.88%
Max(CAGR)	+12.45%	+2.39%

Winner

OCTZ

+0.07%

OVM

-1.73%

Winner

OCTZ

+3.31%

OVM

-1.17%

Winner

OCTZ

+5.42%

OVM

+0.97%

Winner

OCTZ

+12.70%

OVM

+7.54%

5Y(CAGR)

Winner

OCTZ

+9.87%

OVM

+0.88%

Max(CAGR)

Winner

OCTZ

+12.45%

OVM

+2.39%

OCTZ vs OVM - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	OCTZ	OVM
2026	+6.07%	+1.41%
2025	+13.05%	+4.18%
2024	+19.54%	+3.99%
2023	+18.48%	+6.98%
2022	-10.58%	-11.22%
2021	+21.97%	+4.98%
2020	+8.53%	+6.00%
2019	N/A	+1.72%

OCTZ vs OVM Drawdown Comparison

The maximum drawdown for OCTZ was -15.82%, occurring on Jun 16, 2022. Recovery took 377 trading sessions.

The maximum drawdown for OVM was -15.58%, occurring on Sep 30, 2022. Recovery took 694 trading sessions.

The current OCTZ drawdown is -2.41%. The current OVM drawdown is -2.61%.

Rank	OCTZ	OVM
#1	-15.82% Dec 29, 2021 - Jun 30, 2023	-15.58% Dec 28, 2021 - Oct 2, 2024
#2	-14.07% Feb 19, 2025 - Jun 26, 2025	-14.90% Feb 20, 2020 - Jul 9, 2020
#3	-8.06% Jul 31, 2023 - Dec 8, 2023	-8.20% Dec 6, 2024 - Oct 15, 2025
#4	-7.31% Jan 28, 2026 - Apr 17, 2026	-2.61% Jul 6, 2026 - Jul 23, 2026
#5	-7.08% Jul 16, 2024 - Sep 19, 2024	-2.44% Feb 27, 2026 - Apr 30, 2026
#6	-6.23% Oct 12, 2020 - Nov 9, 2020	-2.22% Feb 12, 2021 - Apr 15, 2021
#7	-4.46% Mar 28, 2024 - May 15, 2024	-2.12% Oct 2, 2024 - Nov 27, 2024
#8	-4.37% Sep 2, 2021 - Oct 25, 2021	-2.06% Sep 9, 2021 - Dec 28, 2021
#9	-3.88% Oct 28, 2025 - Dec 11, 2025	-1.84% Aug 10, 2020 - Nov 17, 2020
#10	-3.63% Dec 4, 2024 - Jan 23, 2025	-1.50% Oct 27, 2025 - Dec 10, 2025
#11	-3.59% Jun 2, 2026 - Jun 26, 2026	-1.24% May 8, 2026 - May 27, 2026
#12	-3.53% Feb 12, 2021 - Mar 11, 2021	-1.22% Jan 14, 2026 - Feb 2, 2026
#13	-3.36% May 7, 2021 - Jun 10, 2021	-1.17% Dec 24, 2020 - Jan 20, 2021
#14	-2.94% Nov 24, 2021 - Dec 8, 2021	-1.07% Jun 4, 2026 - Jul 2, 2026
#15	-2.90% Jan 21, 2021 - Feb 4, 2021	-0.82% May 7, 2021 - May 25, 2021