OVS vs WBIG

Comparison between OVERLAY SHARES SMALL CAP EQUITY ETF (OVS, ETF) and WBI BULLBEAR YIELD 3000 ETF (WBIG, ETF).

5-Year PerformanceOVS has outperformed WBIG, delivering a return of +6.5% compared to +1.0%

OVS vs WBIG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OVS(ETF)	WBIG(ETF)
Net Assets	$28M	$28M
Expense Ratio	0.83%	1.59%
Max Drawdown	45.09%	29.44%
Sharpe Ratio	1.56	1.47
5Y Beta	1.15	0.51
P/E Ratio	N/A	17.80
Forward P/E	N/A	15.05
PEG Ratio	N/A	0.29
5Y Dividends CAGR	29.71%	0.62%
5Y EPS CAGR	N/A	13.55%
Debt to Equity	N/A	-151.95%
P/S Ratio	N/A	1.57
P/B Ratio	N/A	2.89

Net Assets

Winner

OVS

$28M

WBIG

$28M

Expense Ratio

Winner

OVS

0.83%

WBIG

1.59%

Max Drawdown

OVS

45.09%

Winner

WBIG

29.44%

Sharpe Ratio

Winner

OVS

1.56

WBIG

1.47

5Y Beta

OVS

1.15

Winner

WBIG

0.51

P/E Ratio

OVS

N/A

WBIG

17.80

Forward P/E

OVS

N/A

WBIG

15.05

PEG Ratio

OVS

N/A

WBIG

0.29

5Y Dividends CAGR

Winner

OVS

29.71%

WBIG

0.62%

5Y EPS CAGR

OVS

N/A

WBIG

13.55%

Debt to Equity

OVS

N/A

WBIG

-151.95%

P/S Ratio

OVS

N/A

WBIG

1.57

P/B Ratio

OVS

N/A

WBIG

2.89

OVS vs WBIG - Holdings Comparison

OVS and WBIG have 0 common holdings. Overlap is 0.00%

OVS's top 25 holdings weight is 99.71%. WBIG's top 25 holdings weight is 48.24%.

Rank	OVS	WBIG
#1	ISHARES CORE S&P SMALL-CAP ETF (IJR) - 99.68%	n/a (DELL) - 2.77%
#2	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.03%	WISDOMTREE INTEREST RTHDGUS AGGT BD ETF (AGZD) - 2.66%
#3	N/A	US BANK MMDA USBFS 2 (n/a) - 2.50%
#4	N/A	ANGEL OAK HIGH YIELD OPPORTUNITIES ETF (AOHY) - 2.48%
#5	N/A	HP INC (HPQ) - 2.37%
#6	N/A	ORACLE CORP (ORCL) - 2.08%
#7	N/A	AMPHENOL CORP CLASS A (APH) - 2.01%
#8	N/A	FORD MOTOR CO (F) - 1.91%
#9	N/A	SOUTHERN COPPER CORP (SCCO) - 1.87%
#10	N/A	VERIZON COMMUNICATIONS INC (VZ) - 1.83%
#11	N/A	ONEMAIN HOLDINGS INC (OMF) - 1.83%
#12	N/A	KIMBERLY-CLARK CORP (KMB) - 1.82%
#13	N/A	PRUDENTIAL FINANCIAL INC (PRU) - 1.79%
#14	N/A	LENNOX INTERNATIONAL INC (LII) - 1.77%
#15	N/A	SMITHFIELD FOODS INC (SFD) - 1.76%
#16	N/A	T. ROWE PRICE GROUP INC (TROW) - 1.75%
#17	N/A	ALTRIA GROUP INC (MO) - 1.73%
#18	N/A	EVERSOURCE ENERGY (ES) - 1.69%
#19	N/A	PIPER SANDLER COS (PIPR) - 1.68%
#20	N/A	INTERACTIVE BROKERS GROUP INC CLASS A (IBKR) - 1.68%
#21	N/A	TCW SENIOR LOAN ETF (SLNZ) - 1.67%
#22	N/A	YUM CHINA HOLDINGS INC (YUMC) - 1.66%
#23	N/A	ARM HOLDINGS PLC ADR (ARM) - 1.66%
#24	N/A	BALL CORP (BALL) - 1.65%
#25	N/A	n/a (TAP) - 1.62%
Total Holdings	2	78

OVS vs WBIG - Historical Returns

Returns include dividend reinvestment.

Period	OVS	WBIG
1 month	+5.36%	+6.22%
3 months	+18.73%	+7.79%
6 months	+18.40%	+9.33%
1 year	+38.62%	+19.33%
5 years(CAGR)	+6.52%	+0.98%
10 years(CAGR)	N/A	+4.04%
Max(CAGR)	+12.41%	+1.74%

OVS

+5.36%

Winner

WBIG

+6.22%

Winner

OVS

+18.73%

WBIG

+7.79%

Winner

OVS

+18.40%

WBIG

+9.33%

Winner

OVS

+38.62%

WBIG

+19.33%

5Y(CAGR)

Winner

OVS

+6.52%

WBIG

+0.98%

10Y(CAGR)

OVS

N/A

WBIG

+4.04%

Max(CAGR)

Winner

OVS

+12.41%

WBIG

+1.74%

OVS vs WBIG - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	OVS	WBIG
2026	+20.41%	+9.43%
2025	+6.66%	-0.76%
2024	+11.93%	+5.85%
2023	+17.54%	-1.61%
2022	-20.81%	-8.62%
2021	+31.69%	+17.62%
2020	+12.30%	-3.62%
2019	+11.52%	+6.72%
2018	N/A	-8.75%
2017	N/A	+24.97%
2016	N/A	-1.37%
2015	N/A	-10.24%
2014	N/A	-2.01%

OVS vs WBIG Drawdown Comparison

The maximum drawdown for OVS was -45.09%, occurring on Mar 23, 2020. Recovery took 216 trading sessions.

The maximum drawdown for WBIG was -25.32%, occurring on Apr 21, 2025. This drawdown has not yet recovered.

The current WBIG drawdown is -3.68%.

Rank	OVS	WBIG
#1	-45.09% Jan 16, 2020 - Nov 23, 2020	-25.32% Mar 25, 2022 - Apr 21, 2025
#2	-30.46% Nov 25, 2024 - Jan 6, 2026	-23.84% May 15, 2015 - Oct 24, 2017
#3	-30.43% Nov 5, 2021 - Jul 16, 2024	-19.61% Jan 26, 2018 - May 6, 2021
#4	-10.19% Jun 8, 2021 - Nov 1, 2021	-7.06% Jan 14, 2022 - Mar 24, 2022
#5	-9.84% Jul 31, 2024 - Oct 14, 2024	-6.68% Aug 10, 2021 - Jan 4, 2022
#6	-9.40% Mar 12, 2021 - Jun 1, 2021	-5.47% Sep 8, 2014 - Apr 27, 2015
#7	-8.46% Feb 6, 2026 - Apr 13, 2026	-4.35% Jun 8, 2021 - Aug 3, 2021
#8	-5.00% Nov 11, 2024 - Nov 25, 2024	-3.01% May 10, 2021 - Jun 4, 2021
#9	-4.69% Feb 24, 2021 - Mar 9, 2021	-2.35% May 4, 2015 - May 14, 2015
#10	-4.60% Oct 16, 2024 - Nov 6, 2024	-2.07% Oct 27, 2017 - Nov 28, 2017
#11	-4.27% May 6, 2026 - May 26, 2026	-1.20% Apr 27, 2015 - May 1, 2015
#12	-3.94% Jan 26, 2021 - Feb 4, 2021	-0.91% Dec 12, 2017 - Dec 15, 2017
#13	-3.46% Nov 24, 2020 - Dec 4, 2020	-0.84% Jan 4, 2022 - Jan 6, 2022
#14	-3.24% Jul 16, 2024 - Jul 26, 2024	-0.68% Oct 24, 2017 - Oct 26, 2017
#15	-2.64% Nov 27, 2019 - Dec 12, 2019	-0.56% Dec 4, 2017 - Dec 7, 2017

Correlation

Correlation between OVS and WBIG is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2014 - 2026)

OVS vs WBIG dividend yield comparison.

Year	OVS	WBIG
2026	4.05%	0.41%
2025	3.69%	1.74%
2024	4.08%	2.05%
2023	3.19%	1.74%
2022	3.43%	1.30%
2021	4.05%	2.94%
2020	1.74%	0.90%
2019	0.54%	1.87%
2018	0.00%	1.20%
2017	0.00%	1.27%
2016	0.00%	0.96%
2015	0.00%	1.41%
2014	0.00%	0.10%