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

Number of Holdings *

1

* may have additional holdings in another (foreign) market
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

Number of Holdings *

1

* may have additional holdings in another (foreign) market
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

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