OVLH vs PFIG

Comparison between OVERLAY SHARES HEDGED LARGE CAP EQUITY ETF (OVLH, ETF) and INVESCO FUNDAMENTAL INVESTMENT GRADE CORPORATE BOND ETF (PFIG, ETF).

5-Year PerformanceOVLH has outperformed PFIG, delivering a return of +9.4% compared to +1.3%

OVLH vs PFIG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OVLH(ETF)	PFIG(ETF)
Net Assets	$116M	$115M
Expense Ratio	0.80%	0.22%
Max Drawdown	21.00%	19.63%
Sharpe Ratio	1.32	0.33
5Y Beta	0.56	0.05
5Y Dividends CAGR	N/A	9.06%

Net Assets

Winner

OVLH

$116M

PFIG

$115M

Expense Ratio

OVLH

0.80%

Winner

PFIG

0.22%

Max Drawdown

OVLH

21.00%

Winner

PFIG

19.63%

Sharpe Ratio

Winner

OVLH

1.32

PFIG

0.33

5Y Beta

OVLH

0.56

Winner

PFIG

0.05

5Y Dividends CAGR

OVLH

N/A

PFIG

9.06%

OVLH vs PFIG - Historical Returns

Returns include dividend reinvestment.

Period	OVLH	PFIG
1 month	-0.05%	+0.21%
3 months	+7.79%	+0.80%
6 months	+5.94%	+0.80%
1 year	+15.62%	+4.41%
5 years(CAGR)	+9.36%	+1.32%
10 years(CAGR)	N/A	+2.44%
Max(CAGR)	+10.54%	+2.78%

OVLH

-0.05%

Winner

PFIG

+0.21%

Winner

OVLH

+7.79%

PFIG

+0.80%

Winner

OVLH

+5.94%

PFIG

+0.80%

Winner

OVLH

+15.62%

PFIG

+4.41%

5Y(CAGR)

Winner

OVLH

+9.36%

PFIG

+1.32%

10Y(CAGR)

OVLH

N/A

PFIG

+2.44%

Max(CAGR)

Winner

OVLH

+10.54%

PFIG

+2.78%

OVLH vs PFIG - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	OVLH	PFIG
2026	+5.63%	+0.39%
2025	+15.91%	+7.73%
2024	+19.10%	+3.68%
2023	+17.29%	+6.70%
2022	-16.38%	-9.69%
2021	+20.91%	-1.30%
2020	N/A	+7.50%
2019	N/A	+9.72%
2018	N/A	-0.66%
2017	N/A	+3.47%
2016	N/A	+3.40%
2015	N/A	+0.95%
2014	N/A	+4.60%
2013	N/A	-1.16%
2012	N/A	+5.60%
2011	N/A	+1.99%

OVLH vs PFIG Drawdown Comparison

The maximum drawdown for OVLH was -20.69%, occurring on Oct 11, 2022. Recovery took 528 trading sessions.

The maximum drawdown for PFIG was -15.58%, occurring on Oct 20, 2022. Recovery took 921 trading sessions.

The current OVLH drawdown is -1.98%. The current PFIG drawdown is -0.77%.

Rank	OVLH	PFIG
#1	-20.69% Dec 27, 2021 - Feb 2, 2024	-15.58% Aug 3, 2021 - Apr 3, 2025
#2	-8.81% Feb 19, 2025 - May 12, 2025	-14.64% Mar 3, 2020 - May 29, 2020
#3	-6.36% Jan 27, 2026 - Apr 17, 2026	-5.24% May 1, 2013 - Apr 11, 2014
#4	-5.22% Jul 16, 2024 - Sep 13, 2024	-4.08% Nov 1, 2011 - May 7, 2012
#5	-5.22% Sep 3, 2021 - Oct 28, 2021	-3.65% Sep 27, 2016 - Jun 2, 2017
#6	-3.89% Feb 16, 2021 - Mar 15, 2021	-3.41% Sep 5, 2017 - Jan 30, 2019
#7	-3.83% May 7, 2021 - Jun 11, 2021	-2.89% Dec 30, 2020 - Jul 19, 2021
#8	-3.83% Mar 27, 2024 - May 15, 2024	-2.48% Sep 22, 2011 - Oct 19, 2011
#9	-3.53% Jun 2, 2026 - Jun 10, 2026	-2.32% Apr 1, 2015 - Mar 16, 2016
#10	-3.16% Oct 28, 2025 - Jan 12, 2026	-2.03% Apr 4, 2025 - May 30, 2025
#11	-3.06% Dec 6, 2024 - Feb 19, 2025	-1.95% Feb 23, 2026 - Mar 26, 2026
#12	-2.72% Jul 12, 2021 - Jul 23, 2021	-1.76% Oct 15, 2014 - Jan 12, 2015
#13	-2.64% Nov 24, 2021 - Dec 10, 2021	-1.55% Sep 4, 2019 - Oct 3, 2019
#14	-2.57% Dec 15, 2021 - Dec 27, 2021	-1.38% May 18, 2012 - Jun 18, 2012
#15	-2.43% Jan 26, 2021 - Feb 4, 2021	-1.37% Dec 5, 2012 - Apr 4, 2013

Correlation

Correlation between OVLH and PFIG is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2011 - 2026)

OVLH vs PFIG dividend yield comparison.

Year	OVLH	PFIG
2026	0.00%	1.80%
2025	0.30%	4.15%
2024	0.32%	4.12%
2023	0.83%	3.54%
2022	0.79%	2.58%
2021	0.40%	3.34%
2020	0.00%	2.81%
2019	0.00%	2.92%
2018	0.00%	2.88%
2017	0.00%	2.54%
2016	0.00%	2.58%
2015	0.00%	2.57%
2014	0.00%	2.39%
2013	0.00%	2.19%
2012	0.00%	2.30%
2011	0.00%	0.64%