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OVB vs TWM

Comparison between OVERLAY SHARES CORE BOND ETF (OVB, ETF) and ProShares UltraShort Russell2000 -2x Shares (TWM, ETF).

5-Year PerformanceOVB has outperformed TWM, delivering a return of +0.6% compared to -16.5%

OVB vs TWM - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
OVB
$47M
Winner
TWM
$47M
Expense Ratio
OVB
0.79%
TWM
N/A
Max Drawdown
Winner
OVB
30.84%
TWM
99.96%
Sharpe Ratio
Winner
OVB
0.72
TWM
-1.52
5Y Beta
OVB
0.17
Winner
TWM
-2.11
5Y Dividends CAGR
OVB
6.67%
Winner
TWM
35.07%

OVB vs TWM - Historical Returns

Returns include dividend reinvestment.

1M
OVB
-0.47%
Winner
TWM
+0.21%
3M
Winner
OVB
-0.56%
TWM
-18.23%
6M
Winner
OVB
+1.81%
TWM
-22.37%
1Y
Winner
OVB
+8.34%
TWM
-46.91%
5Y(CAGR)
Winner
OVB
+0.57%
TWM
-16.51%
10Y(CAGR)
OVB
N/A
TWM
-27.24%
Max(CAGR)
Winner
OVB
+1.82%
TWM
-27.97%

OVB vs TWM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

YearOVBTWM
2026+1.69%-23.39%
2025+7.84%-24.64%
2024+4.54%-20.46%
2023+6.38%-27.76%
2022-16.27%+31.68%
2021+1.02%-37.06%
2020+9.12%-60.01%
2019+1.22%-37.68%
2018N/A+21.55%
2017N/A-25.70%
2016N/A-42.20%
2015N/A-1.85%
2014N/A-19.40%
2013N/A-49.41%
2012N/A-32.00%
2011N/A-20.36%
2010N/A-47.56%
2009N/A-59.03%
2008N/A+19.68%
2007N/A+1.81%

OVB vs TWM Drawdown Comparison

The maximum drawdown for OVB was -21.69%, occurring on Oct 20, 2022. Recovery took 1106 trading sessions.

The maximum drawdown for TWM was -99.93%, occurring on May 28, 2026. This drawdown has not yet recovered.

The current OVB drawdown is -1.23%. The current TWM drawdown is -99.93%.

RankOVBTWM
#1-21.69%
Sep 14, 2021 - Feb 10, 2026
-99.93%
Nov 20, 2008 - May 28, 2026
#2-9.52%
Mar 9, 2020 - Apr 29, 2020
-35.90%
Mar 10, 2008 - Oct 7, 2008
#3-3.74%
Aug 26, 2020 - Jul 2, 2021
-34.79%
Oct 27, 2008 - Nov 19, 2008
#4-2.49%
Feb 27, 2026 - Mar 27, 2026
-26.36%
Oct 9, 2008 - Oct 24, 2008
#5-2.14%
Feb 20, 2020 - Mar 4, 2020
-21.16%
Aug 3, 2007 - Nov 21, 2007
#6-1.82%
May 28, 2020 - Jun 23, 2020
-20.52%
Mar 5, 2007 - Aug 3, 2007
#7-1.27%
Jul 1, 2020 - Jul 22, 2020
-16.13%
Jan 22, 2008 - Mar 6, 2008
#8-1.17%
Aug 6, 2020 - Aug 26, 2020
-16.05%
Nov 26, 2007 - Jan 4, 2008
#9-0.97%
Oct 4, 2019 - Nov 18, 2019
-10.43%
Jan 25, 2007 - Mar 2, 2007
#10-0.85%
Aug 4, 2021 - Sep 9, 2021
-4.58%
Nov 21, 2007 - Nov 26, 2007
#11-0.82%
Jan 23, 2020 - Feb 10, 2020
-4.45%
Jan 8, 2008 - Jan 15, 2008
#12-0.75%
Apr 29, 2020 - May 19, 2020
-0.04%
Jan 4, 2008 - Jan 8, 2008
#13-0.71%
Nov 27, 2019 - Dec 30, 2019
N/A
#14-0.45%
Jul 23, 2020 - Jul 30, 2020
N/A
#15-0.41%
Jul 7, 2021 - Jul 15, 2021
N/A

Correlation

Correlation between OVB and TWM is -0.11 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.11
-101

Dividend Comparison (2007 - 2026)

OVB vs TWM dividend yield comparison.

YearOVBTWM
20262.43%0.60%
20256.00%5.36%
20245.81%6.21%
20235.20%4.72%
20224.67%0.17%
20214.59%0.00%
20203.88%0.41%
20190.58%1.49%
20180.00%0.73%
20170.00%0.05%
20080.00%40.54%
20070.00%1.99%

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