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

$22.23

Average Daily Volume

7,151

Number of Holdings ^*

* 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

$24.66

Average Daily Volume

826,231

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	OVM	TLTW
30 Days	-0.27%	-3.08%
60 Days	-0.12%	-8.72%
90 Days	0.94%	-5.62%
12 Months	8.44%	-1.57%

0 Overlapping Holdings

	Symbol	Grade	Weight in OVM	Weight in TLTW	Overlap

OVM Overweight 1 Positions Relative to TLTW

	Symbol	Grade	Weight
	MUB	C	99.77%

OVM Underweight 1 Positions Relative to TLTW

	Symbol	Grade	Weight
	TLT	F	-99.08%

OVM: Top Represented Industries & Keywords

Industries:

Keywords: Bond Bond Market Bond Market Indices ETF Exchange Traded Fund Stock Fund

TLTW: Top Represented Industries & Keywords

Industries:

Keywords: Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market ETF Exchange Traded Fund Government Bonds U.S. Government U.S. Treasury