SHAG vs OVM

Comparison between WISDOMTREE YIELD ENHANCED U.S. SHORT-TERM AGGREGATE BOND FUND (SHAG, ETF) and OVERLAY SHARES MUNICIPAL BOND ETF (OVM, ETF).

5-Year PerformanceSHAG has outperformed OVM, delivering a return of +1.5% compared to +0.9%

SHAG vs OVM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHAG(ETF)	OVM(ETF)
Net Assets	$43M	$43M
Expense Ratio	0.12%	0.81%
Max Drawdown	11.39%	24.24%
Sharpe Ratio	-0.29	1.03
5Y Beta	0.02	0.18
5Y Dividends CAGR	22.32%	6.82%

Net Assets

Winner

SHAG

$43M

OVM

$43M

Expense Ratio

Winner

SHAG

0.12%

OVM

0.81%

Max Drawdown

Winner

SHAG

11.39%

OVM

24.24%

Sharpe Ratio

SHAG

-0.29

Winner

OVM

1.03

5Y Beta

Winner

SHAG

0.02

OVM

0.18

5Y Dividends CAGR

Winner

SHAG

22.32%

OVM

6.82%

SHAG vs OVM - Historical Returns

Returns include dividend reinvestment.

Period	SHAG	OVM
1 month	-0.04%	-1.73%
3 months	-0.17%	-1.17%
6 months	+0.33%	+0.97%
1 year	+3.17%	+7.54%
5 years(CAGR)	+1.53%	+0.88%
10 years(CAGR)	+2.11%	N/A
Max(CAGR)	+2.11%	+2.39%

Winner

SHAG

-0.04%

OVM

-1.73%

Winner

SHAG

-0.17%

OVM

-1.17%

SHAG

+0.33%

Winner

OVM

+0.97%

SHAG

+3.17%

Winner

OVM

+7.54%

5Y(CAGR)

Winner

SHAG

+1.53%

OVM

+0.88%

10Y(CAGR)

SHAG

+2.11%

OVM

N/A

Max(CAGR)

SHAG

+2.11%

Winner

OVM

+2.39%

SHAG vs OVM - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	SHAG	OVM
2026	+0.41%	+1.41%
2025	+6.30%	+4.18%
2024	+4.49%	+3.99%
2023	+4.47%	+6.98%
2022	-6.19%	-11.22%
2021	-0.89%	+4.98%
2020	+4.56%	+6.00%
2019	+5.81%	+1.72%
2018	+0.88%	N/A
2017	-0.11%	N/A

SHAG vs OVM Drawdown Comparison

The maximum drawdown for SHAG was -9.61%, occurring on Oct 20, 2022. Recovery took 754 trading sessions.

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

The current SHAG drawdown is -0.60%. The current OVM drawdown is -2.61%.

Rank	SHAG	OVM
#1	-9.61% Aug 3, 2021 - Aug 2, 2024	-15.58% Dec 28, 2021 - Oct 2, 2024
#2	-5.80% Mar 6, 2020 - May 20, 2020	-14.90% Feb 20, 2020 - Jul 9, 2020
#3	-1.79% Sep 5, 2017 - Dec 24, 2018	-8.20% Dec 6, 2024 - Oct 15, 2025
#4	-1.38% Feb 27, 2026 - Mar 26, 2026	-2.61% Jul 6, 2026 - Jul 23, 2026
#5	-1.23% Sep 24, 2024 - Jan 27, 2025	-2.44% Feb 27, 2026 - Apr 30, 2026
#6	-1.09% Apr 3, 2025 - Apr 28, 2025	-2.22% Feb 12, 2021 - Apr 15, 2021
#7	-0.98% Sep 4, 2019 - Oct 3, 2019	-2.12% Oct 2, 2024 - Nov 27, 2024
#8	-0.86% Feb 10, 2021 - Jun 10, 2021	-2.06% Sep 9, 2021 - Dec 28, 2021
#9	-0.67% May 27, 2025 - Jun 23, 2025	-1.84% Aug 10, 2020 - Nov 17, 2020
#10	-0.60% Oct 3, 2019 - Dec 3, 2019	-1.50% Oct 27, 2025 - Dec 10, 2025
#11	-0.55% Apr 30, 2025 - May 27, 2025	-1.24% May 8, 2026 - May 27, 2026
#12	-0.52% Jun 30, 2025 - Aug 1, 2025	-1.22% Jan 14, 2026 - Feb 2, 2026
#13	-0.50% Feb 5, 2025 - Feb 21, 2025	-1.17% Dec 24, 2020 - Jan 20, 2021
#14	-0.45% Jun 10, 2021 - Jul 19, 2021	-1.07% Jun 4, 2026 - Jul 2, 2026
#15	-0.40% Jul 3, 2019 - Aug 1, 2019	-0.82% May 7, 2021 - May 25, 2021