OVM vs QIDX

Comparison between OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF) and INDEXPERTS QUALITY EARNINGS FOCUSED ETF (QIDX, ETF).

OVM vs QIDX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OVM(ETF)	QIDX(ETF)
Net Assets	$38M	$38M
Expense Ratio	0.81%	0.50%
Max Drawdown	24.24%	15.14%
Sharpe Ratio	1.62	0.75
5Y Beta	0.18	0.71
P/E Ratio	N/A	24.09
Forward P/E	N/A	17.11
5Y Dividends CAGR	5.40%	N/A
5Y EPS CAGR	N/A	17.28%
Debt to Equity	N/A	35.03%
P/S Ratio	N/A	1.50
P/B Ratio	N/A	3.74

Net Assets

OVM

$38M

QIDX

$38M

Expense Ratio

OVM

0.81%

Winner

QIDX

0.50%

Max Drawdown

OVM

24.24%

Winner

QIDX

15.14%

Sharpe Ratio

Winner

OVM

1.62

QIDX

0.75

5Y Beta

Winner

OVM

0.18

QIDX

0.71

P/E Ratio

OVM

N/A

QIDX

24.09

Forward P/E

OVM

N/A

QIDX

17.11

5Y Dividends CAGR

OVM

5.40%

QIDX

N/A

5Y EPS CAGR

OVM

N/A

QIDX

17.28%

Debt to Equity

OVM

N/A

QIDX

35.03%

P/S Ratio

OVM

N/A

QIDX

1.50

P/B Ratio

OVM

N/A

QIDX

3.74

OVM vs QIDX - Historical Returns

Returns include dividend reinvestment.

Period	OVM	QIDX
1 month	+0.38%	+4.38%
3 months	+1.75%	+8.89%
6 months	+3.80%	+8.66%
1 year	+10.32%	+13.46%
5 years(CAGR)	+1.33%	N/A
Max(CAGR)	+2.68%	+12.27%

OVM

+0.38%

Winner

QIDX

+4.38%

OVM

+1.75%

Winner

QIDX

+8.89%

OVM

+3.80%

Winner

QIDX

+8.66%

OVM

+10.32%

Winner

QIDX

+13.46%

5Y(CAGR)

OVM

+1.33%

QIDX

N/A

Max(CAGR)

OVM

+2.68%

Winner

QIDX

+12.27%

OVM vs QIDX - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	OVM	QIDX
2026	+3.06%	+8.88%
2025	+4.18%	+8.16%
2024	+3.99%	N/A
2023	+6.98%	N/A
2022	-11.22%	N/A
2021	+4.98%	N/A
2020	+6.00%	N/A
2019	+1.72%	N/A

OVM vs QIDX Drawdown Comparison

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

The maximum drawdown for QIDX was -14.99%, occurring on Apr 8, 2025. Recovery took 99 trading sessions.

The current OVM drawdown is -0.80%.

Rank	OVM	QIDX
#1	-15.58% Dec 28, 2021 - Oct 2, 2024	-14.99% Feb 6, 2025 - Jul 1, 2025
#2	-14.90% Feb 20, 2020 - Jul 9, 2020	-6.92% Feb 27, 2026 - Apr 17, 2026
#3	-8.20% Dec 6, 2024 - Oct 15, 2025	-5.80% Oct 27, 2025 - Jan 9, 2026
#4	-2.44% Feb 27, 2026 - Apr 30, 2026	-2.65% Jul 3, 2025 - Aug 12, 2025
#5	-2.22% Feb 12, 2021 - Apr 15, 2021	-2.63% Oct 3, 2025 - Oct 27, 2025
#6	-2.12% Oct 2, 2024 - Nov 27, 2024	-2.06% Apr 30, 2026 - May 26, 2026
#7	-2.06% Sep 9, 2021 - Dec 28, 2021	-1.76% Jan 15, 2026 - Jan 26, 2026
#8	-1.84% Aug 10, 2020 - Nov 17, 2020	-1.73% Jan 29, 2026 - Feb 9, 2026
#9	-1.50% Oct 27, 2025 - Dec 10, 2025	-1.65% Sep 11, 2025 - Oct 3, 2025
#10	-1.24% May 8, 2026 - May 27, 2026	-1.60% Feb 10, 2026 - Feb 20, 2026
#11	-1.22% Jan 14, 2026 - Feb 2, 2026	-1.39% Apr 20, 2026 - Apr 30, 2026
#12	-1.17% Dec 24, 2020 - Jan 20, 2021	-1.37% Jan 6, 2025 - Jan 15, 2025
#13	-1.07% Jun 4, 2026 - Jun 10, 2026	-1.23% Jan 28, 2025 - Feb 5, 2025
#14	-0.82% May 7, 2021 - May 25, 2021	-1.14% Jan 24, 2025 - Jan 28, 2025
#15	-0.78% Jan 23, 2020 - Feb 11, 2020	-1.10% Feb 20, 2026 - Feb 26, 2026