Overlay Shares Hedged Large Cap Equity ETF (OVLH)

Overlay Shares Hedged Large Cap Equity ETF (OVLH) is an exchange-traded fund in the Equity Hedged category. It has $115.74M in assets, an expense ratio of 0.80% and a 0.28% dividend yield. 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 U.S. large-cap equity securities or directly in the securities held by such ETFs (collectively, the “Underlying Investments”), and (ii) purchasing long-term out-of-the-money put options (i.e., put options with a strike price below the current price of the reference asset) to seek to hedge against significan…