OVLH vs BLUI
Comparison between OVERLAY SHARES HEDGED LARGE CAP EQUITY ETF (OVLH, ETF) and BLUEMONTE DIVERSIFIED INCOME ETF (BLUI, ETF).
OVLH vs BLUI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
OVLH
$102M
Winner
BLUI
$102M
Expense Ratio
OVLH
0.80%
Winner
BLUI
0.75%
Max Drawdown
OVLH
21.00%
Winner
BLUI
3.20%
Sharpe Ratio
Winner
OVLH
1.39
BLUI
1.00
5Y Beta
OVLH
0.56
Winner
BLUI
0.19
OVLH vs BLUI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
OVLH
+1.34%
BLUI
+0.04%
3M
Winner
OVLH
+5.99%
BLUI
+0.49%
6M
Winner
OVLH
+4.99%
BLUI
+3.36%
1Y
Winner
OVLH
+17.00%
BLUI
+7.34%
5Y(CAGR)
OVLH
+9.32%
BLUI
N/A
Max(CAGR)
Winner
OVLH
+10.53%
BLUI
+7.74%
OVLH vs BLUI - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | OVLH | BLUI |
|---|---|---|
| 2026 | +5.37% | +3.32% |
| 2025 | +15.91% | +3.80% |
| 2024 | +19.10% | N/A |
| 2023 | +17.29% | N/A |
| 2022 | -16.38% | N/A |
| 2021 | +20.91% | N/A |
OVLH vs BLUI Drawdown Comparison
The maximum drawdown for OVLH was -20.69%, occurring on Oct 11, 2022. Recovery took 528 trading sessions.
The maximum drawdown for BLUI was -2.43%, occurring on Mar 27, 2026. Recovery took 34 trading sessions.
The current OVLH drawdown is -2.22%. The current BLUI drawdown is -0.29%.
| Rank | OVLH | BLUI |
|---|---|---|
| #1 | -20.69% Dec 27, 2021 - Feb 2, 2024 | -2.43% Feb 27, 2026 - Apr 17, 2026 |
| #2 | -8.81% Feb 19, 2025 - May 12, 2025 | -1.19% Sep 15, 2025 - Oct 20, 2025 |
| #3 | -6.36% Jan 27, 2026 - Apr 17, 2026 | -0.90% Oct 27, 2025 - Nov 25, 2025 |
| #4 | -5.22% Jul 16, 2024 - Sep 13, 2024 | -0.71% Nov 28, 2025 - Jan 8, 2026 |
| #5 | -5.22% Sep 3, 2021 - Oct 28, 2021 | -0.68% May 6, 2026 - May 26, 2026 |
| #6 | -3.89% Feb 16, 2021 - Mar 15, 2021 | -0.65% Jul 2, 2025 - Jul 22, 2025 |
| #7 | -3.83% May 7, 2021 - Jun 11, 2021 | -0.51% Jan 16, 2026 - Feb 5, 2026 |
| #8 | -3.83% Mar 27, 2024 - May 15, 2024 | -0.50% Jun 24, 2025 - Jun 30, 2025 |
| #9 | -3.16% Oct 28, 2025 - Jan 12, 2026 | -0.47% Aug 4, 2025 - Aug 13, 2025 |
| #10 | -3.06% Dec 6, 2024 - Feb 19, 2025 | -0.42% May 26, 2026 - Jun 3, 2026 |
| #11 | -2.72% Jul 12, 2021 - Jul 23, 2021 | -0.42% Apr 20, 2026 - Apr 30, 2026 |
| #12 | -2.64% Nov 24, 2021 - Dec 10, 2021 | -0.39% Aug 13, 2025 - Aug 22, 2025 |
| #13 | -2.57% Dec 15, 2021 - Dec 27, 2021 | -0.39% Aug 28, 2025 - Sep 4, 2025 |
| #14 | -2.43% Jan 26, 2021 - Feb 4, 2021 | -0.35% Jul 29, 2025 - Aug 4, 2025 |
| #15 | -2.22% Jun 2, 2026 - Jun 5, 2026 | -0.27% Apr 30, 2026 - May 6, 2026 |
Correlation
Correlation between OVLH and BLUI is 0.78 which considered as a strong positive correlation - the stocks tend to move together.
0.78
-101
Dividend Comparison (2021 - 2026)
OVLH vs BLUI dividend yield comparison.
| Year | OVLH | BLUI |
|---|---|---|
| 2026 | 0.00% | 1.84% |
| 2025 | 0.30% | 2.91% |
| 2024 | 0.32% | 0.00% |
| 2023 | 0.83% | 0.00% |
| 2022 | 0.79% | 0.00% |
| 2021 | 0.40% | 0.00% |
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