OVM vs OCTZ
Comparison between OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF) and TRUESHARES STRUCTURED OUTCOME (OCTOBER) ETF (OCTZ, ETF).
5-Year PerformanceOCTZ has outperformed OVM, delivering a return of +10.3% compared to +1.1%
OVM vs OCTZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
OVM vs OCTZ - Historical Returns
Returns include dividend reinvestment.
OVM vs OCTZ - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | OVM | OCTZ |
|---|---|---|
| 2026 | +2.56% | +7.30% |
| 2025 | +4.18% | +13.05% |
| 2024 | +3.99% | +19.54% |
| 2023 | +6.98% | +18.48% |
| 2022 | -11.22% | -10.58% |
| 2021 | +4.98% | +21.97% |
| 2020 | +6.00% | +8.53% |
| 2019 | +1.72% | N/A |
OVM vs OCTZ Drawdown Comparison
The maximum drawdown for OVM was -15.58%, occurring on Sep 30, 2022. Recovery took 694 trading sessions.
The maximum drawdown for OCTZ was -15.82%, occurring on Jun 16, 2022. Recovery took 377 trading sessions.
The current OVM drawdown is -1.51%. The current OCTZ drawdown is -1.28%.
| Rank | OVM | OCTZ |
|---|---|---|
| #1 | -15.58% Dec 28, 2021 - Oct 2, 2024 | -15.82% Dec 29, 2021 - Jun 30, 2023 |
| #2 | -14.90% Feb 20, 2020 - Jul 9, 2020 | -14.07% Feb 19, 2025 - Jun 26, 2025 |
| #3 | -8.20% Dec 6, 2024 - Oct 15, 2025 | -8.06% Jul 31, 2023 - Dec 8, 2023 |
| #4 | -2.44% Feb 27, 2026 - Apr 30, 2026 | -7.31% Jan 28, 2026 - Apr 17, 2026 |
| #5 | -2.22% Feb 12, 2021 - Apr 15, 2021 | -7.08% Jul 16, 2024 - Sep 19, 2024 |
| #6 | -2.12% Oct 2, 2024 - Nov 27, 2024 | -6.23% Oct 12, 2020 - Nov 9, 2020 |
| #7 | -2.06% Sep 9, 2021 - Dec 28, 2021 | -4.46% Mar 28, 2024 - May 15, 2024 |
| #8 | -1.84% Aug 10, 2020 - Nov 17, 2020 | -4.37% Sep 2, 2021 - Oct 25, 2021 |
| #9 | -1.51% Jul 6, 2026 - Jul 21, 2026 | -3.88% Oct 28, 2025 - Dec 11, 2025 |
| #10 | -1.50% Oct 27, 2025 - Dec 10, 2025 | -3.63% Dec 4, 2024 - Jan 23, 2025 |
| #11 | -1.24% May 8, 2026 - May 27, 2026 | -3.59% Jun 2, 2026 - Jun 26, 2026 |
| #12 | -1.22% Jan 14, 2026 - Feb 2, 2026 | -3.53% Feb 12, 2021 - Mar 11, 2021 |
| #13 | -1.17% Dec 24, 2020 - Jan 20, 2021 | -3.36% May 7, 2021 - Jun 10, 2021 |
| #14 | -1.07% Jun 4, 2026 - Jul 2, 2026 | -2.94% Nov 24, 2021 - Dec 8, 2021 |
| #15 | -0.82% May 7, 2021 - May 25, 2021 | -2.90% Jan 21, 2021 - Feb 4, 2021 |
Correlation
Correlation between OVM and OCTZ is 0.73 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2019 - 2026)
OVM vs OCTZ dividend yield comparison.
| Year | OVM | OCTZ |
|---|---|---|
| 2026 | 2.60% | 0.00% |
| 2025 | 5.45% | 3.99% |
| 2024 | 4.91% | 1.26% |
| 2023 | 4.66% | 3.28% |
| 2022 | 4.21% | 0.67% |
| 2021 | 6.10% | 0.00% |
| 2020 | 3.97% | 0.00% |
| 2019 | 0.58% | 0.00% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks