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OVM vs INQQ

Comparison between OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF) and INQQ THE INDIA INTERNET ETF (INQQ, ETF).

OVM vs INQQ - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
OVM
$44M
INQQ
$44M
Expense Ratio
Winner
OVM
0.81%
INQQ
0.86%
Max Drawdown
Winner
OVM
24.24%
INQQ
40.53%
Sharpe Ratio
Winner
OVM
0.82
INQQ
-0.75
5Y Beta
Winner
OVM
0.19
INQQ
0.60
5Y Dividends CAGR
OVM
4.01%
INQQ
N/A

OVM vs INQQ - Historical Returns

Returns include dividend reinvestment.

1M
OVM
+0.66%
Winner
INQQ
+13.01%
3M
OVM
-0.52%
Winner
INQQ
+16.61%
6M
OVM
-0.34%
Winner
INQQ
+8.37%
1Y
Winner
OVM
+7.77%
INQQ
-10.52%
5Y(CAGR)
Winner
OVM
+1.06%
INQQ
-1.89%
Max(CAGR)
Winner
OVM
+2.49%
INQQ
-1.89%

OVM vs INQQ - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

YearOVMINQQ
2026+2.33%-3.91%
2025+4.18%-8.52%
2024+3.99%+19.60%
2023+6.98%+30.64%
2022-11.22%-34.73%
2021+4.98%N/A
2020+6.00%N/A
2019+1.72%N/A

OVM vs INQQ Drawdown Comparison

The maximum drawdown for OVM was -15.58%, occurring on Sep 30, 2022. Recovery took 694 trading sessions.

The maximum drawdown for INQQ was -40.53%, occurring on Mar 28, 2023. Recovery took 592 trading sessions.

The current OVM drawdown is -1.73%. The current INQQ drawdown is -14.81%.

RankOVMINQQ
#1-15.58%
Dec 28, 2021 - Oct 2, 2024
-40.53%
Apr 12, 2022 - Aug 21, 2024
#2-14.90%
Feb 20, 2020 - Jul 9, 2020
-32.44%
Dec 11, 2024 - Mar 30, 2026
#3-8.20%
Dec 6, 2024 - Oct 15, 2025
-8.57%
Sep 23, 2024 - Dec 6, 2024
#4-2.88%
Jul 6, 2026 - Jul 30, 2026
-1.30%
Aug 30, 2024 - Sep 9, 2024
#5-2.44%
Feb 27, 2026 - Apr 30, 2026
-1.12%
Aug 21, 2024 - Aug 30, 2024
#6-2.22%
Feb 12, 2021 - Apr 15, 2021
-0.64%
Apr 6, 2022 - Apr 12, 2022
#7-2.12%
Oct 2, 2024 - Nov 27, 2024
-0.48%
Sep 16, 2024 - Sep 19, 2024
#8-2.06%
Sep 9, 2021 - Dec 28, 2021
-0.15%
Dec 6, 2024 - Dec 11, 2024
#9-1.84%
Aug 10, 2020 - Nov 17, 2020
N/A
#10-1.50%
Oct 27, 2025 - Dec 10, 2025
N/A
#11-1.24%
May 8, 2026 - May 27, 2026
N/A
#12-1.22%
Jan 14, 2026 - Feb 2, 2026
N/A
#13-1.17%
Dec 24, 2020 - Jan 20, 2021
N/A
#14-1.07%
Jun 4, 2026 - Jul 2, 2026
N/A
#15-0.82%
May 7, 2021 - May 25, 2021
N/A

Correlation

Correlation between OVM and INQQ is 0.55 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.55
-101

Dividend Comparison (2019 - 2026)

OVM vs INQQ dividend yield comparison.

YearOVMINQQ
20263.05%0.00%
20255.45%2.23%
20244.91%1.18%
20234.66%0.04%
20224.21%0.00%
20216.10%0.00%
20203.97%0.00%
20190.58%0.00%

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