OVM vs. RDFI ETF Comparison
Comparison of Overlay Shares Municipal Bond ETF (OVM) to Rareview Dynamic Fixed Income ETF (RDFI)
OVM
Overlay Shares Municipal Bond ETF
OVM Description
The investment seeks total return. The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of investment grade municipal bonds and below investment grade municipal bonds or directly in the securities held by such ETFs and (ii) selling and purchasing listed short-term put options to generate income to the fund.
Grade (RS Rating)
Last Trade
$22.19
Average Daily Volume
6,756
1
RDFI
Rareview Dynamic Fixed Income ETF
RDFI Description
The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets. It is non-diversified.Grade (RS Rating)
Last Trade
$24.06
Average Daily Volume
12,146
32
Performance
| Period | OVM | RDFI |
|---|---|---|
| 30 Days | -0.64% | -1.73% |
| 60 Days | -0.31% | -2.05% |
| 90 Days | 0.58% | 0.06% |
| 12 Months | 9.35% | 18.40% |
0 Overlapping Holdings
| Symbol | Grade | Weight in OVM | Weight in RDFI | Overlap |
|---|
OVM Overweight 1 Positions Relative to RDFI
| Symbol | Grade | Weight | |
|---|---|---|---|
| MUB | C | 99.77% |
OVM Underweight 32 Positions Relative to RDFI
| Symbol | Grade | Weight | |
|---|---|---|---|
| NPFD | A | -6.29% | |
| EDD | D | -5.66% | |
| HIO | B | -4.78% | |
| PDX | B | -4.7% | |
| ZROZ | F | -4.44% | |
| EMD | D | -4.36% | |
| TEI | D | -4.09% | |
| NZF | C | -3.81% | |
| FPF | D | -3.62% | |
| NAD | C | -3.06% | |
| CARY | D | -3.04% | |
| BTZ | C | -2.98% | |
| EAD | C | -2.9% | |
| RA | B | -2.77% | |
| NVG | D | -2.64% | |
| FEMB | F | -2.43% | |
| BLE | C | -2.41% | |
| VMO | D | -2.27% | |
| FTF | C | -2.2% | |
| NEA | C | -2.15% | |
| EMB | D | -2.12% | |
| MMU | D | -2.08% | |
| IQI | D | -1.88% | |
| VKQ | D | -1.53% | |
| HIX | B | -1.53% | |
| EHI | D | -1.48% | |
| MYD | C | -1.46% | |
| GHY | B | -1.37% | |
| ERC | D | -1.29% | |
| MBB | D | -1.16% | |
| IIM | D | -0.3% | |
| EVV | C | -0.01% |
OVM: Top Represented Industries & Keywords
RDFI: Top Represented Industries & Keywords
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