OVM vs. TLTW ETF Comparison
Comparison of Overlay Shares Municipal Bond ETF (OVM) to iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW)
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
$22.24
Average Daily Volume
7,608
1
TLTW
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
TLTW Description
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in fixed income markets of the United States. The fund invests through derivatives in U.S. dollar denominated fixed rate U.S. treasury securities with remaining maturity of greater than or equal to twenty years. It employs long/short strategy and uses derivatives such as options to create its portfolio. The fund seeks to track the performance of the Cboe TLT 2% OTM BuyWrite Index, by using representative sampling technique. IShares 20+ Year Treasury Bond BuyWrite Strategy ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$24.81
Average Daily Volume
791,088
1
Performance
Period | OVM | TLTW |
---|---|---|
30 Days | 0.49% | -1.29% |
60 Days | -0.17% | -7.83% |
90 Days | 0.41% | -6.07% |
12 Months | 7.22% | -2.15% |
0 Overlapping Holdings
Symbol | Grade | Weight in OVM | Weight in TLTW | Overlap |
---|
OVM Overweight 1 Positions Relative to TLTW
Symbol | Grade | Weight | |
---|---|---|---|
MUB | B | 99.81% |
OVM Underweight 1 Positions Relative to TLTW
Symbol | Grade | Weight | |
---|---|---|---|
TLT | D | -99.08% |
OVM: Top Represented Industries & Keywords
TLTW: Top Represented Industries & Keywords