OVL vs RSPD

Comparison between OVERLAY SHARES LARGE CAP EQUITY ETF (OVL, ETF) and INVESCO S&P 500 EQUAL WEIGHT CONSUMER DISCRETIONARY ETF (RSPD, ETF).

5-Year PerformanceOVL has outperformed RSPD, delivering a return of +13.2% compared to +3.5%

OVL vs RSPD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OVL(ETF)	RSPD(ETF)
Net Assets	$308M	$308M
Expense Ratio	0.79%	0.40%
Max Drawdown	35.49%	68.81%
Sharpe Ratio	1.25	-0.06
5Y Beta	1.11	0.95
P/E Ratio	N/A	23.08
Forward P/E	N/A	17.57
PEG Ratio	N/A	0.92
5Y Dividends CAGR	32.24%	22.00%
5Y EPS CAGR	N/A	10.33%
Debt to Equity	N/A	-145.85%
P/S Ratio	N/A	1.51
P/B Ratio	N/A	5.30

Net Assets

Winner

OVL

$308M

RSPD

$308M

Expense Ratio

OVL

0.79%

Winner

RSPD

0.40%

Max Drawdown

Winner

OVL

35.49%

RSPD

68.81%

Sharpe Ratio

Winner

OVL

1.25

RSPD

-0.06

5Y Beta

OVL

1.11

Winner

RSPD

0.95

P/E Ratio

OVL

N/A

RSPD

23.08

Forward P/E

OVL

N/A

RSPD

17.57

PEG Ratio

OVL

N/A

RSPD

0.92

5Y Dividends CAGR

Winner

OVL

32.24%

RSPD

22.00%

5Y EPS CAGR

OVL

N/A

RSPD

10.33%

Debt to Equity

OVL

N/A

RSPD

-145.85%

P/S Ratio

OVL

N/A

RSPD

1.51

P/B Ratio

OVL

N/A

RSPD

5.30

OVL vs RSPD - Holdings Comparison

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

OVL's top 25 holdings weight is 100.10%. RSPD's top 25 holdings weight is 56.45%.

Rank	OVL	RSPD
#1	VANGUARD S&P 500 ETF (VOO) - 99.85%	GENUINE PARTS CO (GPC) - 2.75%
#2	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.25%	DOORDASH INC ORDINARY SHARES CLASS A (DASH) - 2.60%
#3	N/A	EXPEDIA GROUP INC (EXPE) - 2.51%
#4	N/A	CHIPOTLE MEXICAN GRILL INC (CMG) - 2.38%
#5	N/A	AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 2.36%
#6	N/A	BOOKING HOLDINGS INC (BKNG) - 2.35%
#7	N/A	PULTEGROUP INC (PHM) - 2.31%
#8	N/A	THE HOME DEPOT INC (HD) - 2.29%
#9	N/A	NORWEGIAN CRUISE LINE HOLDINGS LTD (NCLH) - 2.26%
#10	N/A	WILLIAMS-SONOMA INC (WSM) - 2.25%
#11	N/A	ROYAL CARIBBEAN GROUP (RCL) - 2.25%
#12	N/A	YUM BRANDS INC (YUM) - 2.23%
#13	N/A	D.R. HORTON INC (DHI) - 2.21%
#14	N/A	EBAY INC (EBAY) - 2.21%
#15	N/A	CARNIVAL CORPORATION LTD (CCL) - 2.20%
#16	N/A	NVR INC (NVR) - 2.19%
#17	N/A	STARBUCKS CORP (SBUX) - 2.16%
#18	N/A	RALPH LAUREN CORP CLASS A (RL) - 2.16%
#19	N/A	LOWE'S COMPANIES INC (LOW) - 2.15%
#20	N/A	GARMIN LTD (GRMN) - 2.12%
#21	N/A	BEST BUY CO INC (BBY) - 2.11%
#22	N/A	TESLA INC (TSLA) - 2.11%
#23	N/A	TRACTOR SUPPLY CO (TSCO) - 2.11%
#24	N/A	CARVANA CO CLASS A (CVNA) - 2.09%
#25	N/A	AMAZON.COM INC (AMZN) - 2.09%
Total Holdings	2	49

OVL vs RSPD - Historical Returns

Returns include dividend reinvestment.

Period	OVL	RSPD
1 month	+0.31%	-0.04%
3 months	+6.39%	-4.21%
6 months	+11.20%	-6.09%
1 year	+23.29%	+0.99%
5 years(CAGR)	+13.22%	+3.46%
10 years(CAGR)	N/A	+7.78%
Max(CAGR)	+17.31%	+8.09%

Winner

OVL

+0.31%

RSPD

-0.04%

Winner

OVL

+6.39%

RSPD

-4.21%

Winner

OVL

+11.20%

RSPD

-6.09%

Winner

OVL

+23.29%

RSPD

+0.99%

5Y(CAGR)

Winner

OVL

+13.22%

RSPD

+3.46%

10Y(CAGR)

OVL

N/A

RSPD

+7.78%

Max(CAGR)

Winner

OVL

+17.31%

RSPD

+8.09%

OVL vs RSPD - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	OVL	RSPD
2026	+11.57%	-3.43%
2025	+18.52%	+8.93%
2024	+28.94%	+14.14%
2023	+28.57%	+22.17%
2022	-23.37%	-24.23%
2021	+34.48%	+30.81%
2020	+18.56%	+11.14%
2019	+10.84%	+25.03%
2018	N/A	-9.95%
2017	N/A	+14.13%
2016	N/A	+6.82%
2015	N/A	-2.38%
2014	N/A	+12.27%
2013	N/A	+40.71%
2012	N/A	+20.27%
2011	N/A	+3.41%
2010	N/A	+25.56%
2009	N/A	+56.82%
2008	N/A	-39.54%
2007	N/A	-16.38%
2006	N/A	+3.54%

OVL vs RSPD Drawdown Comparison

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

The maximum drawdown for RSPD was -68.01%, occurring on Mar 9, 2009. Recovery took 935 trading sessions.

The current OVL drawdown is -2.07%. The current RSPD drawdown is -7.72%.

Rank	OVL	RSPD
#1	-35.49% Feb 19, 2020 - Aug 6, 2020	-68.01% Jun 4, 2007 - Feb 16, 2011
#2	-29.24% Jan 3, 2022 - Jan 19, 2024	-47.99% Jan 17, 2020 - Nov 9, 2020
#3	-21.69% Feb 19, 2025 - Jul 3, 2025	-34.41% Nov 16, 2021 - Sep 26, 2024
#4	-10.29% Sep 2, 2020 - Nov 13, 2020	-22.48% Jul 7, 2011 - Feb 3, 2012
#5	-10.10% Jul 16, 2024 - Sep 19, 2024	-21.02% Dec 11, 2024 - Jul 10, 2025
#6	-8.73% Jan 28, 2026 - Apr 14, 2026	-20.90% Sep 20, 2018 - Apr 4, 2019
#7	-7.39% Mar 28, 2024 - May 15, 2024	-18.77% Jul 16, 2015 - Nov 22, 2016
#8	-6.38% Oct 29, 2025 - Dec 10, 2025	-13.80% Feb 10, 2026 - May 19, 2026
#9	-6.28% Sep 3, 2021 - Oct 21, 2021	-11.68% May 2, 2012 - Sep 11, 2012
#10	-5.47% Dec 6, 2024 - Jan 23, 2025	-11.64% Apr 24, 2019 - Nov 5, 2019
#11	-5.24% Jun 2, 2026 - Jun 10, 2026	-11.32% Jan 24, 2018 - Sep 19, 2018
#12	-4.72% Feb 17, 2021 - Mar 11, 2021	-10.96% Sep 11, 2025 - Jan 8, 2026
#13	-4.25% Jan 17, 2020 - Feb 6, 2020	-9.80% Sep 5, 2014 - Nov 12, 2014
#14	-4.15% May 7, 2021 - Jun 4, 2021	-8.84% Dec 30, 2013 - Feb 26, 2014
#15	-3.98% Jan 21, 2021 - Feb 4, 2021	-8.09% May 12, 2011 - Jul 1, 2011

Correlation

Correlation between OVL and RSPD is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2006 - 2026)

OVL vs RSPD dividend yield comparison.

Year	OVL	RSPD
2026	5.00%	0.48%
2025	2.99%	1.08%
2024	3.10%	0.84%
2023	3.33%	1.09%
2022	3.85%	0.99%
2021	3.63%	0.53%
2020	2.43%	0.81%
2019	0.50%	1.59%
2018	0.00%	1.67%
2017	0.00%	1.45%
2016	0.00%	1.27%
2015	0.00%	1.37%
2014	0.00%	1.05%
2013	0.00%	0.87%
2012	0.00%	1.54%
2011	0.00%	1.12%
2010	0.00%	0.96%
2009	0.00%	0.92%
2008	0.00%	2.36%
2007	0.00%	1.12%
2006	0.00%	0.19%