OVL vs FSCC

Comparison between OVERLAY SHARES LARGE CAP EQUITY ETF (OVL, ETF) and FEDERATED HERMES MDT SMALL CAP CORE ETF (FSCC, ETF).

OVL vs FSCC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OVL(ETF)	FSCC(ETF)
Net Assets	$276M	$277M
Expense Ratio	0.79%	0.36%
Max Drawdown	35.49%	27.29%
Sharpe Ratio	1.59	1.57
5Y Beta	1.11	1.12
P/E Ratio	N/A	-25.17
Forward P/E	N/A	15.37
5Y Dividends CAGR	28.91%	N/A
Debt to Equity	N/A	94.91%
P/S Ratio	N/A	1.00
P/B Ratio	N/A	2.33

Net Assets

OVL

$276M

Winner

FSCC

$277M

Expense Ratio

OVL

0.79%

Winner

FSCC

0.36%

Max Drawdown

OVL

35.49%

Winner

FSCC

27.29%

Sharpe Ratio

Winner

OVL

1.59

FSCC

1.57

5Y Beta

Winner

OVL

1.11

FSCC

1.12

P/E Ratio

OVL

N/A

FSCC

-25.17

Forward P/E

OVL

N/A

FSCC

15.37

5Y Dividends CAGR

OVL

28.91%

FSCC

N/A

Debt to Equity

OVL

N/A

FSCC

94.91%

P/S Ratio

OVL

N/A

FSCC

1.00

P/B Ratio

OVL

N/A

FSCC

2.33

OVL vs FSCC - Holdings Comparison

OVL and FSCC have 0 common holdings. Overlap is 0.00%

OVL's top 25 holdings weight is 99.71%. FSCC's top 25 holdings weight is 24.63%.

Rank	OVL	FSCC
#1	VANGUARD S&P 500 ETF (VOO) - 99.26%	BLOOM ENERGY CORP CLASS A (BE) - 2.13%
#2	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.45%	n/a (AHR) - 2.09%
#3	N/A	BRIGHTSPRING HEALTH SERVICES INC (BTSG) - 1.37%
#4	N/A	POWELL INDUSTRIES INC (POWL) - 1.18%
#5	N/A	n/a (SPHR) - 1.16%
#6	N/A	BANKUNITED INC (BKU) - 1.10%
#7	N/A	SPS COMMERCE INC (SPSC) - 1.08%
#8	N/A	PRIMORIS SERVICES CORP (PRIM) - 1.07%
#9	N/A	POSTAL REALTY TRUST INC (PSTL) - 1.04%
#10	N/A	MIRUM PHARMACEUTICALS INC (MIRM) - 1.04%
#11	N/A	ARTERIS INC (AIP) - 0.96%
#12	N/A	CNO FINANCIAL GROUP INC (CNO) - 0.94%
#13	N/A	n/a (INDV) - 0.92%
#14	N/A	EMCOR GROUP INC (EME) - 0.90%
#15	N/A	n/a (HG) - 0.88%
#16	N/A	FB FINANCIAL CORP (FBK) - 0.86%
#17	N/A	FLUOR CORP (FLR) - 0.86%
#18	N/A	n/a (MWA) - 0.84%
#19	N/A	LEGENCE CORP ORDINARY SHARES CLASS A (LGN) - 0.84%
#20	N/A	VIASAT INC (VSAT) - 0.81%
#21	N/A	HUT 8 CORP (HUT) - 0.52%
#22	N/A	ADVANCE AUTO PARTS INC (AAP) - 0.51%
#23	N/A	KRISPY KREME INC (DNUT) - 0.51%
#24	N/A	GRANITE CONSTRUCTION INC (GVA) - 0.51%
#25	N/A	BLUE BIRD CORP (BLBD) - 0.51%
Total Holdings	2	269

OVL vs FSCC - Historical Returns

Returns include dividend reinvestment.

Period	OVL	FSCC
1 month	+0.09%	+3.87%
3 months	+12.49%	+20.06%
6 months	+11.22%	+16.08%
1 year	+28.63%	+39.41%
5 years(CAGR)	+13.69%	N/A
Max(CAGR)	+17.44%	+19.52%

OVL

+0.09%

Winner

FSCC

+3.87%

OVL

+12.49%

Winner

FSCC

+20.06%

OVL

+11.22%

Winner

FSCC

+16.08%

OVL

+28.63%

Winner

FSCC

+39.41%

5Y(CAGR)

OVL

+13.69%

FSCC

N/A

Max(CAGR)

OVL

+17.44%

Winner

FSCC

+19.52%

OVL vs FSCC - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	OVL	FSCC
2026	+10.50%	+17.75%
2025	+18.52%	+14.97%
2024	+28.94%	+2.19%
2023	+28.57%	N/A
2022	-23.37%	N/A
2021	+34.48%	N/A
2020	+18.56%	N/A
2019	+10.84%	N/A

OVL vs FSCC Drawdown Comparison

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

The maximum drawdown for FSCC was -27.17%, occurring on Apr 8, 2025. Recovery took 171 trading sessions.

The current OVL drawdown is -3.01%.

Rank	OVL	FSCC
#1	-35.49% Feb 19, 2020 - Aug 6, 2020	-27.17% Dec 4, 2024 - Aug 13, 2025
#2	-29.24% Jan 3, 2022 - Jan 19, 2024	-11.07% Jan 22, 2026 - Apr 17, 2026
#3	-21.69% Feb 19, 2025 - Jul 3, 2025	-9.48% Jul 31, 2024 - Aug 26, 2024
#4	-10.29% Sep 2, 2020 - Nov 13, 2020	-8.26% Oct 27, 2025 - Dec 3, 2025
#5	-10.10% Jul 16, 2024 - Sep 19, 2024	-5.67% Nov 11, 2024 - Nov 25, 2024
#6	-8.73% Jan 28, 2026 - Apr 14, 2026	-5.31% Aug 30, 2024 - Sep 17, 2024
#7	-7.39% Mar 28, 2024 - May 15, 2024	-4.96% Sep 18, 2025 - Oct 24, 2025
#8	-6.38% Oct 29, 2025 - Dec 10, 2025	-4.22% May 6, 2026 - May 26, 2026
#9	-6.28% Sep 3, 2021 - Oct 21, 2021	-3.83% Oct 16, 2024 - Nov 6, 2024
#10	-5.47% Dec 6, 2024 - Jan 23, 2025	-3.69% May 28, 2026 - Jun 12, 2026
#11	-5.24% Jun 2, 2026 - Jun 10, 2026	-3.31% Dec 11, 2025 - Jan 8, 2026
#12	-4.72% Feb 17, 2021 - Mar 11, 2021	-2.69% Sep 19, 2024 - Oct 14, 2024
#13	-4.25% Jan 17, 2020 - Feb 6, 2020	-1.79% Aug 13, 2025 - Aug 22, 2025
#14	-4.15% May 7, 2021 - Jun 4, 2021	-1.66% Jan 15, 2026 - Jan 21, 2026
#15	-3.98% Jan 21, 2021 - Feb 4, 2021	-1.38% Aug 28, 2025 - Sep 5, 2025