OVM vs MSTQ
Comparison between OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF) and LHA MARKET STATE TACTICAL Q ETF (MSTQ, ETF).
OVM vs MSTQ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
OVM
$36M
Winner
MSTQ
$36M
Expense Ratio
Winner
OVM
0.81%
MSTQ
1.55%
Max Drawdown
Winner
OVM
24.24%
MSTQ
31.05%
Sharpe Ratio
Winner
OVM
1.64
MSTQ
1.34
5Y Beta
Winner
OVM
0.18
MSTQ
0.85
5Y Dividends CAGR
OVM
5.40%
MSTQ
N/A
OVM vs MSTQ - Historical Returns
Returns include dividend reinvestment.
1M
OVM
+0.43%
Winner
MSTQ
+2.65%
3M
OVM
+1.17%
Winner
MSTQ
+13.14%
6M
OVM
+3.58%
Winner
MSTQ
+9.94%
1Y
OVM
+11.03%
Winner
MSTQ
+26.35%
5Y(CAGR)
OVM
+1.47%
Winner
MSTQ
+15.06%
Max(CAGR)
OVM
+2.69%
Winner
MSTQ
+15.06%
OVM vs MSTQ - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | OVM | MSTQ |
|---|---|---|
| 2026 | +3.10% | +12.32% |
| 2025 | +4.18% | +19.78% |
| 2024 | +3.99% | +21.82% |
| 2023 | +6.98% | +43.70% |
| 2022 | -11.22% | -21.67% |
| 2021 | +4.98% | N/A |
| 2020 | +6.00% | N/A |
| 2019 | +1.72% | N/A |
OVM vs MSTQ Drawdown Comparison
The maximum drawdown for OVM was -15.58%, occurring on Sep 30, 2022. Recovery took 694 trading sessions.
The maximum drawdown for MSTQ was -31.05%, occurring on Dec 28, 2022. Recovery took 433 trading sessions.
The current OVM drawdown is -0.76%. The current MSTQ drawdown is -4.92%.
| Rank | OVM | MSTQ |
|---|---|---|
| #1 | -15.58% Dec 28, 2021 - Oct 2, 2024 | -31.05% Mar 29, 2022 - Dec 18, 2023 |
| #2 | -14.90% Feb 20, 2020 - Jul 9, 2020 | -15.19% Dec 16, 2024 - May 14, 2025 |
| #3 | -8.20% Dec 6, 2024 - Oct 15, 2025 | -12.37% Oct 29, 2025 - Apr 22, 2026 |
| #4 | -2.44% Feb 27, 2026 - Apr 30, 2026 | -10.14% Jul 10, 2024 - Dec 3, 2024 |
| #5 | -2.22% Feb 12, 2021 - Apr 15, 2021 | -6.51% Mar 22, 2024 - May 20, 2024 |
| #6 | -2.12% Oct 2, 2024 - Nov 27, 2024 | -4.92% Jun 2, 2026 - Jun 5, 2026 |
| #7 | -2.06% Sep 9, 2021 - Dec 28, 2021 | -4.02% Dec 27, 2023 - Jan 18, 2024 |
| #8 | -1.84% Aug 10, 2020 - Nov 17, 2020 | -3.54% Oct 8, 2025 - Oct 20, 2025 |
| #9 | -1.50% Oct 27, 2025 - Dec 10, 2025 | -3.04% Aug 12, 2025 - Sep 8, 2025 |
| #10 | -1.24% May 8, 2026 - May 27, 2026 | -2.69% May 14, 2026 - May 26, 2026 |
| #11 | -1.22% Jan 14, 2026 - Feb 2, 2026 | -2.63% Jul 30, 2025 - Aug 8, 2025 |
| #12 | -1.17% Dec 24, 2020 - Jan 20, 2021 | -2.58% Feb 9, 2024 - Feb 22, 2024 |
| #13 | -0.82% May 7, 2021 - May 25, 2021 | -2.58% Jan 29, 2024 - Feb 2, 2024 |
| #14 | -0.78% Jan 23, 2020 - Feb 11, 2020 | -2.53% Mar 1, 2024 - Mar 21, 2024 |
| #15 | -0.76% Jun 4, 2026 - Jun 5, 2026 | -2.38% May 19, 2025 - Jun 2, 2025 |
Correlation
Correlation between OVM and MSTQ is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
0.93
-101
Dividend Comparison (2019 - 2026)
OVM vs MSTQ dividend yield comparison.
| Year | OVM | MSTQ |
|---|---|---|
| 2026 | 2.15% | 0.00% |
| 2025 | 5.45% | 13.97% |
| 2024 | 4.91% | 3.72% |
| 2023 | 4.66% | 0.77% |
| 2022 | 4.21% | 0.00% |
| 2021 | 6.10% | 0.00% |
| 2020 | 3.97% | 0.00% |
| 2019 | 0.58% | 0.00% |
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