OVL vs EFR

Comparison between OVERLAY SHARES LARGE CAP EQUITY ETF (OVL, ETF) and Eaton Vance Senior Floating-Rate Trust (EFR, ETF).

5-Year PerformanceOVL has outperformed EFR, delivering a return of +12.9% compared to +3.4%

OVL vs EFR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OVL(ETF)	EFR(ETF)
Net Assets	$349M	$349M
Expense Ratio	0.79%	N/A
Max Drawdown	35.49%	66.83%
Sharpe Ratio	1.30	-0.64
5Y Beta	1.11	0.36
5Y Dividends CAGR	27.19%	3.88%

Net Assets

Winner

OVL

$349M

EFR

$349M

Expense Ratio

OVL

0.79%

EFR

N/A

Max Drawdown

Winner

OVL

35.49%

EFR

66.83%

Sharpe Ratio

Winner

OVL

1.30

EFR

-0.64

5Y Beta

OVL

1.11

Winner

EFR

0.36

5Y Dividends CAGR

Winner

OVL

27.19%

EFR

3.88%

OVL vs EFR - Historical Returns

Returns include dividend reinvestment.

Period	OVL	EFR
1 month	+3.51%	+1.22%
3 months	+2.10%	+3.01%
6 months	+12.31%	+2.66%
1 year	+23.03%	-1.38%
5 years(CAGR)	+12.87%	+3.44%
10 years(CAGR)	N/A	+5.48%
Max(CAGR)	+17.42%	+4.75%

Winner

OVL

+3.51%

EFR

+1.22%

OVL

+2.10%

Winner

EFR

+3.01%

Winner

OVL

+12.31%

EFR

+2.66%

Winner

OVL

+23.03%

EFR

-1.38%

5Y(CAGR)

Winner

OVL

+12.87%

EFR

+3.44%

10Y(CAGR)

OVL

N/A

EFR

+5.48%

Max(CAGR)

Winner

OVL

+17.42%

EFR

+4.75%

OVL vs EFR - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	OVL	EFR
2026	+13.92%	+0.85%
2025	+18.52%	-5.47%
2024	+28.94%	+10.08%
2023	+28.57%	+27.98%
2022	-23.37%	-18.89%
2021	+34.48%	+23.56%
2020	+18.56%	+0.78%
2019	+10.84%	+14.57%
2018	N/A	-6.37%
2017	N/A	+3.58%
2016	N/A	+28.01%
2015	N/A	-3.00%
2014	N/A	-3.32%
2013	N/A	-1.25%
2012	N/A	+15.36%
2011	N/A	-5.92%
2010	N/A	+19.21%
2009	N/A	+90.44%
2008	N/A	-45.18%
2007	N/A	-8.68%
2006	N/A	+17.21%
2005	N/A	-8.65%
2004	N/A	+6.89%
2003	N/A	-1.32%

OVL vs EFR Drawdown Comparison

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

The maximum drawdown for EFR was -60.57%, occurring on Dec 15, 2008. Recovery took 651 trading sessions.

The current OVL drawdown is -2.35%. The current EFR drawdown is -8.87%.

Rank	OVL	EFR
#1	-35.49% Feb 19, 2020 - Aug 6, 2020	-60.57% Jun 22, 2007 - Jan 22, 2010
#2	-29.24% Jan 3, 2022 - Jan 19, 2024	-42.01% Jan 22, 2020 - Dec 2, 2020
#3	-21.69% Feb 19, 2025 - Jul 3, 2025	-25.06% Nov 16, 2021 - Dec 15, 2023
#4	-10.29% Sep 2, 2020 - Nov 13, 2020	-24.17% Mar 1, 2011 - Sep 10, 2012
#5	-10.10% Jul 16, 2024 - Sep 19, 2024	-22.93% Apr 24, 2013 - Oct 3, 2016
#6	-8.73% Jan 28, 2026 - Apr 14, 2026	-18.31% Jan 31, 2025 - Apr 7, 2025
#7	-7.39% Mar 28, 2024 - May 15, 2024	-15.42% Apr 18, 2018 - Dec 17, 2019
#8	-6.38% Oct 29, 2025 - Dec 10, 2025	-14.85% May 3, 2010 - Nov 8, 2010
#9	-6.28% Sep 3, 2021 - Oct 21, 2021	-13.23% Mar 4, 2005 - Jul 24, 2006
#10	-5.47% Dec 6, 2024 - Jan 23, 2025	-10.10% Feb 3, 2010 - Mar 25, 2010
#11	-5.24% Jun 2, 2026 - Aug 4, 2026	-6.73% Apr 5, 2010 - Apr 29, 2010
#12	-4.72% Feb 17, 2021 - Mar 11, 2021	-6.69% Oct 4, 2012 - Nov 23, 2012
#13	-4.25% Jan 17, 2020 - Feb 6, 2020	-6.36% Jul 3, 2024 - Nov 7, 2024
#14	-4.15% May 7, 2021 - Jun 4, 2021	-6.25% Mar 17, 2017 - Mar 28, 2018
#15	-3.98% Jan 21, 2021 - Feb 4, 2021	-5.48% Oct 19, 2021 - Nov 16, 2021

Correlation

Correlation between OVL and EFR is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2003 - 2026)

OVL vs EFR dividend yield comparison.

Year	OVL	EFR
2026	5.80%	5.32%
2025	2.99%	9.53%
2024	3.10%	9.76%
2023	3.33%	10.37%
2022	3.85%	10.39%
2021	3.63%	5.62%
2020	2.43%	6.39%
2019	0.50%	7.34%
2018	0.00%	7.46%
2017	0.00%	5.42%
2016	0.00%	5.82%
2015	0.00%	6.95%
2014	0.00%	6.14%
2013	0.00%	7.03%
2012	0.00%	6.17%
2011	0.00%	6.39%
2010	0.00%	6.68%
2009	0.00%	6.43%
2008	0.00%	15.40%
2007	0.00%	9.96%
2006	0.00%	8.44%
2005	0.00%	7.46%
2004	0.00%	5.04%
2003	0.00%	0.45%