OVM vs SPBC
Comparison between OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF) and SIMPLIFY US EQUITY PLUS BITCOIN STRATEGY ETF (SPBC, ETF).
5-Year PerformanceSPBC has outperformed OVM, delivering a return of +15.0% compared to +1.0%
OVM vs SPBC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
OVM vs SPBC - Historical Returns
Returns include dividend reinvestment.
OVM vs SPBC - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | OVM | SPBC |
|---|---|---|
| 2026 | +2.14% | +11.62% |
| 2025 | +4.18% | +16.31% |
| 2024 | +3.99% | +36.87% |
| 2023 | +6.98% | +48.87% |
| 2022 | -11.22% | -28.38% |
| 2021 | +4.98% | +14.86% |
| 2020 | +6.00% | N/A |
| 2019 | +1.72% | N/A |
OVM vs SPBC Drawdown Comparison
The maximum drawdown for OVM was -15.58%, occurring on Sep 30, 2022. Recovery took 694 trading sessions.
The maximum drawdown for SPBC was -33.99%, occurring on Oct 14, 2022. Recovery took 523 trading sessions.
The current OVM drawdown is -1.91%.
| Rank | OVM | SPBC |
|---|---|---|
| #1 | -15.58% Dec 28, 2021 - Oct 2, 2024 | -33.99% Nov 9, 2021 - Dec 8, 2023 |
| #2 | -14.90% Feb 20, 2020 - Jul 9, 2020 | -21.00% Dec 16, 2024 - Jun 24, 2025 |
| #3 | -8.20% Dec 6, 2024 - Oct 15, 2025 | -12.24% Oct 28, 2025 - Apr 17, 2026 |
| #4 | -2.88% Jul 6, 2026 - Jul 30, 2026 | -10.19% Jul 16, 2024 - Sep 19, 2024 |
| #5 | -2.44% Feb 27, 2026 - Apr 30, 2026 | -7.10% Mar 28, 2024 - May 20, 2024 |
| #6 | -2.22% Feb 12, 2021 - Apr 15, 2021 | -6.66% Sep 3, 2021 - Oct 15, 2021 |
| #7 | -2.12% Oct 2, 2024 - Nov 27, 2024 | -5.37% Jun 1, 2026 - Aug 4, 2026 |
| #8 | -2.06% Sep 9, 2021 - Dec 28, 2021 | -3.94% Jul 7, 2021 - Jul 23, 2021 |
| #9 | -1.84% Aug 10, 2020 - Nov 17, 2020 | -3.54% Oct 6, 2025 - Oct 27, 2025 |
| #10 | -1.50% Oct 27, 2025 - Dec 10, 2025 | -2.97% Oct 29, 2024 - Nov 6, 2024 |
| #11 | -1.24% May 8, 2026 - May 27, 2026 | -2.92% Jun 14, 2021 - Jun 29, 2021 |
| #12 | -1.22% Jan 14, 2026 - Feb 2, 2026 | -2.81% Jul 28, 2025 - Aug 12, 2025 |
| #13 | -1.17% Dec 24, 2020 - Jan 20, 2021 | -2.62% Aug 16, 2021 - Aug 23, 2021 |
| #14 | -1.07% Jun 4, 2026 - Jul 2, 2026 | -2.58% May 14, 2026 - May 29, 2026 |
| #15 | -0.82% May 7, 2021 - May 25, 2021 | -2.50% Aug 13, 2025 - Sep 10, 2025 |
Correlation
Correlation between OVM and SPBC is 0.82 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2019 - 2026)
OVM vs SPBC dividend yield comparison.
| Year | OVM | SPBC |
|---|---|---|
| 2026 | 3.05% | 0.40% |
| 2025 | 5.45% | 0.85% |
| 2024 | 4.91% | 0.98% |
| 2023 | 4.66% | 3.79% |
| 2022 | 4.21% | 0.60% |
| 2021 | 6.10% | 1.41% |
| 2020 | 3.97% | 0.00% |
| 2019 | 0.58% | 0.00% |
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