OVL vs GTIP

Comparison between OVERLAY SHARES LARGE CAP EQUITY ETF (OVL, ETF) and GOLDMAN SACHS ACCESS INFLATION PROTECTED USD BOND ETF (GTIP, ETF).

5-Year PerformanceOVL has outperformed GTIP, delivering a return of +13.7% compared to +1.0%

OVL vs GTIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OVL(ETF)	GTIP(ETF)
Net Assets	$276M	$276M
Expense Ratio	0.79%	0.12%
Max Drawdown	35.49%	21.37%
Sharpe Ratio	1.59	0.35
5Y Beta	1.11	0.03
5Y Dividends CAGR	28.91%	21.14%

Net Assets

OVL

$276M

Winner

GTIP

$276M

Expense Ratio

OVL

0.79%

Winner

GTIP

0.12%

Max Drawdown

OVL

35.49%

Winner

GTIP

21.37%

Sharpe Ratio

Winner

OVL

1.59

GTIP

0.35

5Y Beta

OVL

1.11

Winner

GTIP

0.03

5Y Dividends CAGR

Winner

OVL

28.91%

GTIP

21.14%

OVL vs GTIP - Historical Returns

Returns include dividend reinvestment.

Period	OVL	GTIP
1 month	+0.09%	-0.19%
3 months	+12.49%	+0.50%
6 months	+11.22%	+1.47%
1 year	+28.63%	+4.67%
5 years(CAGR)	+13.69%	+1.03%
10 years(CAGR)	N/A	+2.69%
Max(CAGR)	+17.44%	+3.18%

Winner

OVL

+0.09%

GTIP

-0.19%

Winner

OVL

+12.49%

GTIP

+0.50%

Winner

OVL

+11.22%

GTIP

+1.47%

Winner

OVL

+28.63%

GTIP

+4.67%

5Y(CAGR)

Winner

OVL

+13.69%

GTIP

+1.03%

10Y(CAGR)

OVL

N/A

GTIP

+2.69%

Max(CAGR)

Winner

OVL

+17.44%

GTIP

+3.18%

OVL vs GTIP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	OVL	GTIP
2026	+10.50%	+1.43%
2025	+18.52%	+6.57%
2024	+28.94%	+2.10%
2023	+28.57%	+3.57%
2022	-23.37%	-11.68%
2021	+34.48%	+5.69%
2020	+18.56%	+10.26%
2019	+10.84%	+8.20%
2018	N/A	+0.24%
2016	N/A	+11.38%

OVL vs GTIP Drawdown Comparison

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

The maximum drawdown for GTIP was -14.30%, occurring on Oct 10, 2022. Recovery took 1068 trading sessions.

The current OVL drawdown is -3.01%. The current GTIP drawdown is -0.37%.

Rank	OVL	GTIP
#1	-35.49% Feb 19, 2020 - Aug 6, 2020	-14.30% Nov 9, 2021 - Feb 12, 2026
#2	-29.24% Jan 3, 2022 - Jan 19, 2024	-10.55% Mar 6, 2020 - Jun 10, 2020
#3	-21.69% Feb 19, 2025 - Jul 3, 2025	-4.21% Aug 23, 2016 - Mar 22, 2019
#4	-10.29% Sep 2, 2020 - Nov 13, 2020	-2.86% Jan 28, 2021 - May 5, 2021
#5	-10.10% Jul 16, 2024 - Sep 19, 2024	-2.38% Aug 29, 2019 - Jan 3, 2020
#6	-8.73% Jan 28, 2026 - Apr 14, 2026	-2.02% Feb 27, 2026 - May 1, 2026
#7	-7.39% Mar 28, 2024 - May 15, 2024	-1.87% Feb 10, 2016 - Mar 4, 2016
#8	-6.38% Oct 29, 2025 - Dec 10, 2025	-1.68% Jun 23, 2016 - Jun 30, 2016
#9	-6.28% Sep 3, 2021 - Oct 21, 2021	-1.67% Mar 18, 2016 - Mar 31, 2016
#10	-5.47% Dec 6, 2024 - Jan 23, 2025	-1.55% May 2, 2016 - Jun 3, 2016
#11	-5.24% Jun 2, 2026 - Jun 10, 2026	-1.52% Jan 13, 2016 - Jan 26, 2016
#12	-4.72% Feb 17, 2021 - Mar 11, 2021	-1.47% Oct 27, 2021 - Nov 8, 2021
#13	-4.25% Jan 17, 2020 - Feb 6, 2020	-1.47% Sep 9, 2021 - Oct 26, 2021
#14	-4.15% May 7, 2021 - Jun 4, 2021	-1.32% Sep 2, 2020 - Nov 30, 2020
#15	-3.98% Jan 21, 2021 - Feb 4, 2021	-1.29% Jul 14, 2016 - Jul 29, 2016